PEP · News · 20261021N

KFC Beverage Partnership Loss

PEPSICO INC · 2026-10-21 · Importance 40 · Surprise 42

KFC plans to begin serving Coca-Cola beverages at its U.S. restaurants in January 2027, replacing PepsiCo. The change would remove PepsiCo’s beverage presence from KFC’s U.S. restaurant network and follows the loss of another large foodservice account. The reporting identifies the transition as part of Coca-Cola’s broader restaurant-channel expansion, increasing competitive pressure on PepsiCo’s North American beverage distribution.