PEP · 10-Q · 2026Q3 · Full report

Digital Channel and Delivery Growth

PEPSICO INC · 2026-10-08 · Importance 16 · Surprise 6

PepsiCo reports continued growth in e-commerce websites, mobile commerce applications and subscription services, along with integration of retailers’ physical and digital operations and international expansion of hard discounters. The company expects further shifts toward e-commerce and online purchasing and is developing global digital capabilities, including direct-to-consumer, to serve emerging and established trade channels. Retailers and buying groups are changing value propositions, removing PepsiCo products or reducing shelf space, and developing private-label brands, which affects PepsiCo’s ability to compete in some jurisdictions. The filing does not identify specific retailer wins, losses or contract renewals.

Key facts

• PepsiCo has seen and expects a further shift to e-commerce, online-to-offline and other online purchasing, and is considering expanding its direct-to-consumer business. source