PepsiCo reported the following Q3 2026 results on October 8, 2026:
* **Adjusted EPS:** $2.34 vs. $2.30 expected
* **Net Revenue:** $25.27 Billion vs. $24.96 Billion expected
* **Organic Revenue Growth:** Rose 3.1% YoY, driven primarily by volume expansion in international markets
* **Guidance:**
* Full-year 2026 revenue outlook raised to the high end of its prior range (expecting \~6% growth)
* Full-year core EPS growth forecast to dropped to 2.5%–3.5% from previous forecast of 5%–7% due to margin contraction from higher input costs
To offset this, executives announced structural corporate cost-cutting measures to take effect over the coming months.
Based on the 10/8 $128.34 closing price, the stock is down 25% from it's 52 week high and pays a hefty 4.6% dividend.
I'm thinking it's time to start nibbling on the beverage/snack food giant - what do you think?