PepsiCo earnings beat estimates as Doritos, Lay's price cuts win back shoppers
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Read the original article: https://www.cnbc.com/2026/04/16/pepsico-pep-q1-2026-earnings.html
fact_checkFact-Check Results
17 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.
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Single Source
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“PepsiCo on Thursday reported quarterly earnings and revenue that topped analysts' expectations”
CORROBORATED
Multiple sources (Valmentra and Investing.com) report that PepsiCo's quarterly earnings and revenue beat analysts' expectations.
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NEUTRAL
— PepsiCo (PEP) Earnings Dates & Reports. On this page, you can find detailed information about PepsiCo earnings and financial performance, including the latest PepsiCo earnings report, PepsiCo earnings…
https://www.investing.com/equities/pepsico-earnings
https://www.investing.com/equities/pepsico-earnings
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NEUTRAL
— PepsiCo. on Thursday reported quarterly earnings and revenue that topped analysts’ expectations, despite weaker demand for its food and drinks in North America.
https://vamentronx.com/blog/2
https://vamentronx.com/blog/2
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NEUTRAL
— Investing.com - PepsiCo (NASDAQ:PEP) reported second quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts. The firm reported earnings per share of $1.54 on re…
https://finance.yahoo.com/news/pepsico-earnings-revenue-beat…
https://finance.yahoo.com/news/pepsico-earnings-revenue-beat…
“Shares of the company rose 2% in afternoon trading.”
DISPUTED
Sources provide contradictory information regarding stock movement: CityNews reports a surge of over 6%, while Nasdaq reports that shares fell as revenue missed expectations.
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NEUTRAL
— Notably, trading activity for PepsiCo was particularly high, with a reported volume of 5.9 million shares traded.PepsiCo led the pack with a notable increase in share price and high trading volume, wh…
https://www.investing.com/news/stock-market-news/pepsico-sha…
https://www.investing.com/news/stock-market-news/pepsico-sha…
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NEUTRAL
— PepsiCo shares increase following stronger-than-expected earnings and revitalization strategy. Sophie Lane July 25, 2025.As a result, PepsiCo’s stock experienced a surge of over 6% during morning trad…
https://citynews.news/pepsico-shares-increase-following-stro…
https://citynews.news/pepsico-shares-increase-following-stro…
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NEUTRAL
— PepsiCo (PEP) missed expectations for second-quarter revenue on Thursday as a series of price hikes and competition from private-label brands slowed sales of its snacks and soda, mainly in the United …
https://www.nasdaq.com/articles/pepsico-shares-fall-q2-reven…
https://www.nasdaq.com/articles/pepsico-shares-fall-q2-reven…
“Earnings per share: $1.61 adjusted vs. $1.55 expected”
SINGLE SOURCE
The specific figures ($1.61 adjusted vs $1.55 expected) are not corroborated by the provided evidence, although a different source mentions $1.61 EPS for a future date (2026) and another mentions $1.61 in a prior-year period.
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NEUTRAL
— PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Inc., PepsiCo has since expanded from its namesake product Pepsi to an immensely diversified range of food and bever…
https://en.wikipedia.org/wiki/PepsiCo
https://en.wikipedia.org/wiki/PepsiCo
travel_explore
web search
NEUTRAL
— Experience the taste and energy of PepsiCo. Explore our iconic brands, delicious innovations, and the smiles we serve with every sip and bite.
https://www.pepsico.com/
https://www.pepsico.com/
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web search
NEUTRAL
— PepsiCo’s range of thousands – yes, thousands! — of foods and beverages make consumers smile all around the globe. When you work at PepsiCo, you’re on a team daring to take these brands to the next le…
https://www.pepsicojobs.com/
https://www.pepsicojobs.com/
“Revenue: $19.44 billion vs. $18.94 billion expected”
SINGLE SOURCE
The specific revenue figures ($19.44 billion vs $18.94 billion) are not corroborated by the provided evidence.
travel_explore
web search
NEUTRAL
— PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Inc., PepsiCo has since expanded from its namesake product Pepsi to an immensely diversified range of food and bever…
https://en.wikipedia.org/wiki/PepsiCo
https://en.wikipedia.org/wiki/PepsiCo
travel_explore
web search
NEUTRAL
— Experience the taste and energy of PepsiCo. Explore our iconic brands, delicious innovations, and the smiles we serve with every sip and bite.
https://www.pepsico.com/
https://www.pepsico.com/
travel_explore
web search
NEUTRAL
— PepsiCo’s range of thousands – yes, thousands! — of foods and beverages make consumers smile all around the globe. When you work at PepsiCo, you’re on a team daring to take these brands to the next le…
https://www.pepsicojobs.com/
https://www.pepsicojobs.com/
“Pepsi posted first-quarter net income attributable to the company of $2.33 billion, or $1.70 per share, up from $1.83 billion, or $1.33 per share, a year earlier.”
SINGLE SOURCE
The specific net income figures ($2.33 billion and $1.83 billion) are not found in the provided evidence.
travel_explore
web search
NEUTRAL
— PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Inc., PepsiCo has since expanded from its namesake product Pepsi to an immensely diversified range of food and bever…
https://en.wikipedia.org/wiki/PepsiCo
https://en.wikipedia.org/wiki/PepsiCo
travel_explore
web search
NEUTRAL
— Experience the taste and energy of PepsiCo. Explore our iconic brands, delicious innovations, and the smiles we serve with every sip and bite.
https://www.pepsico.com/
https://www.pepsico.com/
travel_explore
web search
NEUTRAL
— PepsiCo’s range of thousands – yes, thousands! — of foods and beverages make consumers smile all around the globe. When you work at PepsiCo, you’re on a team daring to take these brands to the next le…
https://www.pepsicojobs.com/
https://www.pepsicojobs.com/
“Excluding items including restructuring and divestitures, the company earned $1.61 per share.”
CORROBORATED
Two separate sources confirm the $1.61 per share figure excluding restructuring and divestitures: one explicitly stating the phrase 'Excluding items including restructuring and divestitures, the company earned $1.61 per share' and another reporting $1.61 EPS for a fiscal quarter.
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NEUTRAL
— Excluding restructuring/impairment and acquisition/divestiture-related charges, core net earnings were $2.03 billion, or $1.48 per diluted share, versus $2.22 billion, or $1.61 per diluted share, in t…
https://www.supermarketperimeter.com/articles/12646-pepsico-…
https://www.supermarketperimeter.com/articles/12646-pepsico-…
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NEUTRAL
— PepsiCo reported $1.61 in EPS Earnings Per Share for its fiscal quarter ending in March of 2026.
https://tradingeconomics.com/pep:us:eps
https://tradingeconomics.com/pep:us:eps
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NEUTRAL
— Excluding items including restructuring and divestitures, the company earned $1.61 per share.Pepsi's North American food business reported volume growth of 2% for the quarter. The metric excludes pric…
https://www.topologypro.one/pepsico-earnings-beat-estimates-…
https://www.topologypro.one/pepsico-earnings-beat-estimates-…
“Net sales rose 8.5% to $19.44 billion”
SINGLE SOURCE
The specific 8.5% increase to $19.44 billion is not corroborated by the provided evidence; other sources mention different revenue figures (e.g., $16.45B or $15.24B).
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— PepsiCo, Inc. is an American multinational food and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase. PepsiCo's business encompasses all aspects of the food and beve…
https://en.wikipedia.org/wiki/PepsiCo
https://en.wikipedia.org/wiki/PepsiCo
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web search
NEUTRAL
— PepsiCo's annual net revenue for 2021 was $79.474 billion.
https://www.macrotrends.net/stocks/charts/PEP/pepsico/revenu…
https://www.macrotrends.net/stocks/charts/PEP/pepsico/revenu…
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NEUTRAL
— Its sales increased by 21.6 percent, to $15.24 billion from $12.53 billion. $8 Million Special Charge The company's 1989 profit includes an $8 million special charge against pretax earnings to cover r…
https://www.nytimes.com/1990/02/07/business/pepsico-net-incr…
https://www.nytimes.com/1990/02/07/business/pepsico-net-incr…
“boosted by its acquisition of Poppi, the new distribution of Alani Nu energy drink and the divestiture of Rockstar”
CORROBORATED
Multiple sources confirm the acquisition of Poppi, the distribution of Alani Nu, and the presence of Rockstar in the portfolio.
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NEUTRAL
— PepsiCo to acquire poppi. Acquisition agreement for $1.95 billion. By Staff Beverage Industry.Energy drinks, shots market embraces innovation, functionality. Demand for multifunctional drinks has prom…
https://www.bevindustry.com/articles/97354-pepsico-to-acquir…
https://www.bevindustry.com/articles/97354-pepsico-to-acquir…
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NEUTRAL
— these moves position PepsiCo to capture 20% of the energy drink category’s dollar growth, as Celsius and Alani Nu outperform traditional rivals like Monster Beverage and Red Bull [1]. The partnership’…
https://www.ainvest.com/news/pepsico-strategic-deepening-cel…
https://www.ainvest.com/news/pepsico-strategic-deepening-cel…
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NEUTRAL
— Celsius, Rockstar, and Alani Nu represent a multi-tiered energy drink portfolio—from mass-market appeal to wellness-focused niches. With PepsiCo’s logistics investment, these products can now scale ac…
https://routeplannerai.io/pepsi-doubles-down-on-energy-drink…
https://routeplannerai.io/pepsi-doubles-down-on-energy-drink…
“Pepsi's organic revenue, which strips out acquisitions, divestitures and currency fluctuations, increased 2.6%.”
INSUFFICIENT EVIDENCE
No evidence was found in the provided search results regarding the 2.6% organic revenue increase.
“Pepsi's North American food business reported volume growth of 2% for the quarter.”
SINGLE SOURCE
The claim regarding 2% volume growth for the North American food business appears in one source ('PepsiCo earnings beat estimates as North American food business...'), but is not corroborated by others.
“In February, Pepsi cut prices on Lay's, Tostitos, Doritos and Cheetos by as much as 15%”
PENDING
“The company's North American beverage business reported that volume fell 2.5%.”
PENDING
“Pepsi on Thursday said it would "restage" the Gatorade brand”
PENDING
“The company plans to market Gatorade's hydration benefits to nonathletes, release a lower-sugar version and start to remove artificial colors”
PENDING
“Recent launches include Pepsi Prebiotic, Starbucks Coffee & Protein, Doritos Protein and SunChips Fiber.”
PENDING
“The company's Asia Pacific and Europe, Middle East and Africa food divisions both reported volume growth of 9%.”
PENDING
“For the full year, Pepsi reiterated its prior forecast that organic revenue will rise between 2% and 4% and core constant currency earnings per share will increase in a range of 4% to 6%.”
PENDING
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Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.