📰 ET Markets 📊 EARNINGS 🕒 08 Oct 2026, 07:00 PM IST

PepsiCo to cut costs as weak North America business hurts annual core profit forecast

⚡ Instant Key Takeaways (TL;DR)

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Core Development: PepsiCo to cut costs as weak North America business hurts annual core profit forecast

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Market & Financial Impact: PepsiCo is gearing up to implement further cost-cutting measures in response to rising input costs and a slowdown in consumer demand. CEO Ramon Laguarta indicated that actionable strategies would be rolled out shortly to bolster investments. The company has revised its fiscal 2026 core earnings per share growth estimate to a modest 1% to 2%, down from previous figures, while annual organic revenue growth is now anticipated at approximately 3%.

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Actionable Insight: 📊 Earnings Focus: Assess quarterly EBITDA margins, year-over-year revenue, and management guidance.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

PepsiCo to cut costs as weak North America business hurts annual core profit forecast

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