Oct 16, 4:30 PM ET
PepsiCo issued two tranches of €500 million each: 3.750% senior notes due October 16, 2029, and 4.250% senior notes due October 16, 2035, with the notes issued October 16, 2026. The company received net proceeds of about €994 million, which it will use for general corporate purposes, including repaying commercial paper. The notes are unsecured and rank equally with PepsiCo's other unsecured senior debt, so this is a routine debt financing that the filing does not tie to any change in earnings or guidance.
- Two €500 million tranches: 3.750% notes due October 16, 2029 and 4.250% notes due October 16, 2035
- Prices to public were 99.953% for the 2029 notes and 99.824% for the 2035 notes
- Net proceeds of about €994 million for general corporate purposes, including repaying commercial paper
- Joint book-running managers were Deutsche Bank AG, London Branch and HSBC Bank plc
Read the filing on SEC.gov ↗
Oct 7, 5:57 PM ET
PepsiCo reported third-quarter 2026 net revenue of $25.3 billion, up 5.6%, and EPS of $2.23, up 17%, while core EPS rose 2% to $2.34. The company lowered its fiscal 2026 core EPS growth guidance to 2.5% to 3.5%, from a prior low end of 5% to 7%, and cut core constant currency EPS growth guidance to 1% to 2%. For shareholders, strong sales and reported profit gains are offset by a weaker profit outlook for the full year.
- Q3 2026 net revenue was $25.3 billion, up 5.6%, with organic revenue up 3.1%
- Q3 2026 EPS was $2.23, up 17%; core EPS was $2.34, up 2%
- Fiscal 2026 core EPS growth guidance is now 2.5% to 3.5%, versus a prior low end of 5% to 7%
- Fiscal 2026 net revenue growth guidance was raised to approximately 6%, from 4% to 6%
Read the filing on SEC.gov ↗
Sep 17, 5:10 PM ET
PepsiCo's Board elected Joaquin Duato, Chairman and CEO of Johnson & Johnson, as an independent director effective December 1, 2026, and he will serve on the Audit Committee. The filing describes standard director compensation, which gives Mr. Duato a stock award and cash retainer, and it does not describe any change in company results or operations.
- Board elected Joaquin Duato as an independent director on September 17, 2026, effective December 1, 2026
- Mr. Duato will serve on the Audit Committee effective December 1, 2026
- He receives 1,000 shares of PepsiCo common stock plus a prorated annual equity award valued at $166,667 on December 1, 2026
- First semi-annual cash retainer payment of $60,000 is due in June 2027
Read the filing on SEC.gov ↗
Jul 8, 5:55 PM ET
PepsiCo reported second-quarter 2026 results for the 12 weeks ended June 13, 2026, with net revenue of $24.2 billion, up 6.4% from a year earlier, and GAAP EPS of $2.18 versus $0.92. The company affirmed its fiscal 2026 guidance, including organic revenue growth of 2% to 4% and core constant currency EPS growth of 4% to 6%. The prior-year quarter included impairment charges on the Rockstar and Be & Cheery brands, which largely explain the large GAAP EPS increase.
- Net revenue of $24.2 billion, up 6.4%; organic revenue up 2.4%
- GAAP EPS of $2.18 versus $0.92; core EPS of $2.20, up 4%
- Core constant currency EPS up 1% in the quarter
- Fiscal 2026 guidance affirmed: total cash returns to shareholders of about $8.9 billion, including $7.9 billion in dividends and $1.0 billion in share repurchases
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
