PepsiCo Reports Third-Quarter 2025 Results; Affirms 2025 Financial Guidance and Updates Expected Foreign Exchange Impact

PepsiCo, Inc. (NASDAQ: PEP), a leading global food and beverage company with a portfolio that includes iconic brands such as Pepsi, Lay’s, Gatorade, Quaker, and Doritos has reported results for the third quarter 2025.

PepsiCo Reports Third-Quarter 2025 Results: GAAP and Core (Non-GAAP) Performance Highlight Continued Growth

Ramon Laguarta, Chairman and CEO of PepsiCo:

"Our reported net revenue growth accelerated and reflects the resilience of our international business, improved momentum within North America Beverages and the benefits of our portfolio reshaping actions."

"As we look ahead to the balance of this year and beyond, our top priorities are to accelerate growth and aggressively optimize our cost structure. To accomplish this, we are introducing a strong pipeline of innovation to accelerate portfolio transformation, continuously sharpening our price pack architecture to provide good value to consumers, and right sizing our entire cost base to help fund our activities."

"As a result, for fiscal 2025, we continue to expect to deliver low-single-digit organic revenue growth with core constant currency EPS to be approximately even with the prior year. Our full year core USD EPS outlook has improved due to a more favorable outlook on foreign exchange translation rates for the balance of this year."