PepsiCo reports strong Q4 revenue with price hikes offsetting falling demand

DEE-ANN DURBIN

Tue, February 3, 2026 astatine 5:37 AM CST 1 min read

PURCHASE, NY (AP) — PepsiCo reported higher-than-expected gross successful the 4th fourth arsenic higher prices and improved productivity offset continued weakness successful North American request for its snacks and drinks.

Revenue roseate 5.6% to $29.3 cardinal successful the October-December period. That was higher than the $28.9 cardinal Wall Street was expecting, according to analysts polled by FactSet.

Volumes for snacks similar Doritos and Cheetos fell 1%, portion North American beverage volumes dropped 4%, the Purchase, New York, institution said Tuesday. Globally, beverage volumes roseate 1% portion nutrient volumes fell 2%.

PepsiCo hiked prices by 4.5% globally during the quarter. Prices for PepsiCo beverages roseate 7% successful North America, portion prices for the company’s snacks ticked up 1%.

PepsiCo said past February that years of double-digit terms increases and changing lawsuit preferences person weakened request for its drinks and snacks. In July, the institution said it was trying to combat perceptions that its products are excessively costly by expanding organisation of worth brands similar Chester’s and Santitas.