PepsiCo Earnings Beat Expectations. It's Planning Price Cuts.
Core Viewpoint - PepsiCo reported earnings that exceeded expectations and reaffirmed its guidance for 2026 [1] Financial Performance - PepsiCo shares have remained largely flat over the past 12 months, with a rise of 4% compared to nearly 17% for the S&P 500 [1] Future Plans - The company is planning price cuts as part of its strategy moving forward [1]