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Pepsico falls after reaffirming annual earnings forecast despite Q4 revenue beat

ReutersFeb 3, 2026 11:15 AM

Shares of beverage and snacks company Pepsico PEP.O, RIC fall 1.3% to $153.22 premarket

PepsiCo sticks to annual core earnings per share target of 5% to 7% growth that it had issued in December

Co posts revenue of $29.34 billion for the quarter, against estimates of $28.97 billion, as per data compiled by LSEG

Volumes in the key North America food business fall 1% in the fourth quarter

In 2025, PEP was down about 5.6%

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