Recent Updates — PEP
PepsiCo issued €1 billion in senior unsecured notes, comprising €500 million of 3.750% Notes due October 16, 2029 and €500 million of 4.250% Notes due October 16, 2035. The company received net proceeds of approximately €994 million after deducting underwriting discounts and offering expenses. Proceeds will be used for general corporate purposes, including the repayment of commercial paper. The notes rank equally with all other unsecured senior indebtedness and feature make-whole redemption options prior to specified dates in 2029 and 2035. PepsiCo operates in the food and beverage industry, manufacturing, marketing, and distributing a wide range of convenient foods, snacks, and beverages.
PepsiCo reported third-quarter net revenue of $25.3 billion, a 5.6% increase year-over-year, driven by effective pricing and volume growth in beverages and snacks. Diluted earnings per share rose 17% to $2.23 from $1.90, while core EPS increased 2%. The company updated its fiscal 2026 outlook, raising full-year organic revenue guidance to approximately +3% and increasing the low-end of its core constant currency EPS growth target to +1% to +2%. PepsiCo operates in the global food and beverage industry.
On September 17, 2026, PepsiCo's Board elected Joaquin Duato as an independent director, effective December 1, 2026. Mr. Duato will serve on the Audit Committee and receive standard non-employee director compensation, including a $166,667 prorated equity award and annual retainers. This appointment adds experienced leadership from Johnson & Johnson to PepsiCo's board. PepsiCo operates in the food and beverage industry, manufacturing and marketing snacks, beverages, and convenience foods globally.
PepsiCo, Inc. issued a press release on July 9, 2026, reporting its financial results for the 12 and 24 weeks ended June 13, 2026. The filing includes various senior notes and floating rate notes listed in the header, but the primary purpose of the 8-K is to furnish the quarterly earnings results via Exhibit 99.1. PepsiCo, Inc. is a global food and beverage company.