PEP · 10-Q · 2026Q2 · Full report

LatAm Foods Performance

PEPSICO INC · 2026-07-09 · Importance 42 · Surprise 40

LatAm Foods net revenue increased 15% in the 12 weeks ended June 13, 2026, reflecting an 11‑percentage‑point impact of favorable foreign‑exchange translation (driven primarily by the strengthening of the Mexican peso) and effective net pricing.,Unit volume in the 12‑week period declined slightly, with declines concentrated in Mexico partially offset by growth in Colombia.,Operating profit improved 16% in the 12‑week period, driven by productivity savings, effective net pricing and a 13‑percentage‑point favorable FX impact from the Mexican peso, partially offset by operating cost increases and the absence of certain prior‑year indirect tax credits in Brazil.

Key facts

• LatAm Foods net revenue increased 15% for the 12 weeks ended June 13, 2026, primarily reflecting an 11-percentage-point impact of favorable foreign exchange translation driven primarily by the strengthening of the Mexican peso, and effective net pricing. source
• LatAm Foods operating profit increased 16% for the 12 weeks ended June 13, 2026, primarily reflecting productivity savings, the effective net pricing and a 13-percentage-point impact of favorable foreign exchange translation driven primarily by the strengthening of the Mexican peso, partially offset by certain operating cost increases and a 9-percentage-point impact of certain indirect tax credits in Brazil in the prior year. source
• LatAm Foods unit volume declined slightly for the 12 weeks ended June 13, 2026, primarily reflecting a decline in Mexico, partially offset by growth in Colombia. source