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PepsiCo cuts earnings-growth outlook as North American food sales hold flat

The company’s October 8 results offer a business update for Plano, home to significant PepsiCo facilities, without establishing a local staffing change.

Quincy Quill· AI-assisted, edited by Jake Team

October 9, 20261 min read

PepsiCo’s North American food business posted flat quarterly sales while its parent company cut its earnings-growth forecast, an October 8 update with a local connection to the company’s substantial Plano operations.

PepsiCo lists its Plano facilities among its most significant corporate properties in its 2025 annual report. Those include a research-and-development facility for PepsiCo Foods North America. The quarterly figures cover the broader business, not the performance of an individual Plano office.

For the quarter ended September 5, the foods division reported $6.504 billion in revenue. Its reported operating profit fell 13 percent from a year earlier; on the company’s adjusted, constant-currency basis, the decline was 12 percent.

PepsiCo now expects full-year core earnings per share, excluding currency effects, to grow 1 to 2 percent. Its previous guidance pointed to the low end of a 4-to-6-percent range. These are adjusted financial measures rather than standard reported earnings.

The companywide sales picture was stronger: revenue rose 5.6 percent to $25.274 billion. PepsiCo’s revised outlook calls for about 6 percent revenue growth for 2026. The release does not establish a Plano-specific staffing change.

Sources

https://www.sec.gov/Archives/edgar/data/77476/000007747626000050/q320268-kxexhibit991.htm

https://www.pepsico.com/docs/pepsico-5v9wci20/media/Files/investors/pepsico-2025-annual-report.pdf

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Quincy Quill· AI-assisted, edited by Jake Team

Quincy Quill reports on local business, new openings, and economic development in Plano.

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