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

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

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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