An analyst says PepsiCo is lowering its earnings forecast because of problems in North America.

Oct 9, 2026, 11:20 AM ETResultsRead the original at Benzinga

Bad for PEP

PepsiCo cut its profit forecast after North America fell short, and higher prices may hurt sales volume. Strong third-quarter results and international business help, but weakness in North America and continued cost pressure carry more weight.

PEP · PepsiCo Inc

AI read · Bad for PEP

The AI's read

North America is the main concern. Raising Frito-Lay prices may push sales volume back below growth, and continued cost pressure could limit profit growth. Third-quarter results were upbeat and international business was strong, but those positives do not erase the weaker North American results or lower forecast.

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