PEP · News · 20261105N

Guidance / Outlook

PEPSICO INC · 2026-11-05 · Importance 62 · Surprise 68 · In source text

PepsiCo lowered its fiscal 2026 core constant-currency EPS growth outlook to 1–2%, from the prior low-end expectation of 4–6%. Core EPS growth guidance fell to 2.5–3.5%, from the previously indicated low end of 5–7%. The company still expected approximately 3% organic revenue growth and roughly 6% net revenue growth for fiscal 2026. Third-quarter core EPS increased 2%, while core constant-currency EPS rose 1.5%.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositivecommitted+5.1%PepsiCo expects approximately 3% organic revenue growth and roughly 6% net revenue growth for fiscal 2026.
net_incomenegativecommitted—PepsiCo lowered its fiscal 2026 core constant-currency EPS growth outlook to 1–2% from its prior expectation at the low end of 4–6%.
net_incomenegativecommitted—PepsiCo reduced core EPS growth guidance to 2.5–3.5% from the previously indicated low end of 5–7%.