PepsiCo reported better-than-expected revenue in the third quarter despite weaker demand for its snacks and drinks in North America.
The San Antonio Independent School District has about 44,000 students across its schools. Its new SAISDads" initiative lools to involve fathers in their child's education.High pressure dominates, keeping San Antonio warm and dryThe New Braunfels Riverside Pride Festival will happen on Saturday at Faith United Church of Christ instead of the Comal County FairgroundsNew Braunfels Pride plans to relocate after online controversy, state representative’s warning Read full article: New Braunfels Pride plans to relocate after online controversy, state representative’s warningOctober 9, 2025 at 5:16 AM Damien Browne, vice president of research and development for PepsiCo's beverages, is interviewed at the company's R&D Campus, in Valhalla, NY, Friday, Sept.
19, 2025. PepsiCo reported better-than-expected revenue in the third quarter despite weaker demand for its snacks and drinks in North America. Revenue rose 2.6% to $23.94 billion in the July-September period. That was better than the $23.84 billion Wall Street was expecting, according to analysts polled by FactSet.In North America, PepsiCo said sales volumes for its Frito-Lay snacks and other foods fell 2% in the quarter while sales volumes for its beverages were down 3%. Sales volumes were higher in Latin America and Asia. Net income fell 11% to $2.6 billion. Adjusted for one-time items, the company earned $2.29 per share. That also beat analysts’ forecasts of $2.26.In a letter sent to PepsiCo’s board last month, Elliott said the company has been hurt by loss of market share in its North American beverage business and slowing growth and weaker profits in its North American food business. Elliott wants PepsiCo to slim down its food and beverage portfolio so it can reinvest in core brands like Mountain Dew or new products like protein snacks. It also wants the company to consider refranchising its North American bottlers, an action that its rival Coca-Cola took in 2017.Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
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