PepsiCo Inc. (PEP) lowers 2026 core EPS outlook as core margin slips

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2026-10-23 21:21:54 - Translate -

PepsiCo Inc. (PEP) reported core operating margin down 35 basis points in the third quarter, while reported EPS rose 17% and full-year core EPS guidance was lowered. PepsiCo Inc. (PEP) reported third-quarter 2026 net revenue of $25.27 billion on October 8, up 5.6% from a year earlier. Core operating margin fell 35 basis points to 16.9% in the 12 weeks ended September 5, 2026. A basis point is...

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