PEP · News · 20261105N

Geographic Market Commentary

PEPSICO INC · 2026-11-05 · Importance 20 · Surprise 24

PepsiCo’s recent growth was driven largely by international business, particularly its Europe, Middle East and Africa segment, which reported significant organic revenue increases in fiscal Q3 2026. North American sales growth has slowed, while international operations continued to be described as a source of momentum. The reporting also noted that rising input costs and the rolling off of hedges could challenge future international growth.

Key facts

• PepsiCo's international arm accounts for 45% of the company's profit. source