PepsiCo renews international market contracts after losing US KFC supply rights
PEP PepsiCo Inc
$141.88 +0.38%
View chart & analysis → - 1PepsiCo renewed contracts to supply beverages to KFC in several international markets including Australia, India, and the UK.
- 2A 15bp decline in the core operating margin of PepsiCo's North American beverage segment for the third quarter was reported.
- 3PepsiCo lowered its 2026 earnings outlook while announcing an expected 1% to 2% increase in core earnings per share for this year.
So what's the key point?
PepsiCo has agreed to continue supplying beverages to KFC in various countries overseas. However, profit margins in North America fell by 0.15 percent and the earnings outlook was lowered.
Source Just Drinks · View original ↗
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