PEP · News · 20261106N

KFC Beverage Partnership Renewal

PEPSICO INC · 2026-11-06 · Importance 34 · Surprise 42 · In source text

PepsiCo renewed its beverage partnership with KFC across eight international markets: the UK, India, Australia, Germany, France, Spain, the Netherlands and Belgium. The renewal follows KFC’s decision to switch its U.S. operations to Coca-Cola starting in January 2027, but the reporting provides no revenue or financial-impact estimate for either change. PepsiCo and KFC plan to develop localized offerings, including new flavors, functional and energy drinks, and Doritos Loaded menu items.

Key facts

Impact estimates

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revenuenegativecommitted—KFC is switching to Coca-Cola for its US operations starting in January 2027, while PepsiCo renewed its beverage partnership with KFC in…