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PepsiCo has reported higher third-quarter sales and profit compared with the same period last year, with growth across its international food and beverages.
PepsiCo’s snack turnaround offers a potential blueprint for beverages, but soft-drink struggles, shifting consumer preferences and a lower 2026 earnings outlook raise questions.
Strong international snack sales, including 11% volume growth in Asia-Pacific, helped offset weaker North American beverage demand and ongoing margin pressures.