PEP · 10-Q · 2026Q2 · Full report

Asia Pacific Foods Performance

PEPSICO INC · 2026-07-09 · Importance 71 · Surprise 82

Asia Pacific Foods net revenue increased 12% in the 12 weeks ended June 13, 2026, reflecting organic volume growth and a 3‑percentage‑point benefit from favorable foreign‑exchange translation, partially offset by unfavorable net pricing.,Unit volume grew 10% in the 12‑week period, primarily reflecting growth in India (and in the 24‑week period growth in India and China).,Operating profit for Asia Pacific Foods materially improved (up 103% for the 24‑week period), driven by a prior‑year impairment of the Be & Cheery brand, productivity savings, organic volume growth and a ~9–10‑percentage‑point benefit from lower commodity costs (notably potatoes and packaging materials).

Key facts

• Asia Pacific Foods operating profit improvement for the 12 weeks ended June 13, 2026 primarily reflects a prior-year impairment charge related to the Be & Cheery brand, productivity savings, the organic volume growth and a 9-percentage-point impact of lower commodity costs. source
• Asia Pacific Foods net revenue increased 12% for the 12 weeks ended June 13, 2026, reflecting organic volume growth and a 3-percentage-point impact of favorable foreign exchange translation, partially offset by unfavorable net pricing. source
• Asia Pacific Foods unit volume grew 10% for the 12 weeks ended June 13, 2026, primarily reflecting growth in India. source