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PepsiCo signals cost-cutting and lowers 2026 core EPS growth outlook

The Wall Street Journal +1 ·

PEP PepsiCo Inc
$123.73 -1.58%
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  1. 1PepsiCo is identifying structural cost-cutting measures to reduce redundancies and curb discretionary spending.
  2. 2PepsiCo's 2026 core EPS growth outlook was lowered to 2.5%-3.5% from its previous outlook of 5%-7%.
  3. 3PepsiCo shares rose 1% in premarket trading.

So what's the key point?

PepsiCo has made plans to save money by reducing waste. The company lowered its expected earnings per share growth for 2026 to between 2.5% and 3.5%.

Source The Wall Street Journal +1 · View original ↗

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