PepsiCo Q4 Results Beat Street, Backs Outlook; Lifts Dividend, Plans $10 Bln Buyback

Core Insights - PepsiCo reported higher profit and revenues in its fourth quarter, exceeding market estimates, and maintained its fiscal 2026 outlook with growth expectations [1][2] - The company announced a 4 percent increase in its annualized dividend to $5.92 per share and a share buyback program of up to $10 billion [3][4] Financial Performance - Net income attributable to PepsiCo rose to $2.54 billion from $1.52 billion year-over-year, with earnings per share increasing 68 percent to $1.85 from $1.11 [3] - Core earnings per share were $2.26, compared to $1.96 last year, surpassing analysts' expectations of $2.24 [4] - Net revenue for the quarter grew 5.6 percent to $29.34 billion from $27.78 billion, with organic revenue increasing by 2.1 percent [4] Future Outlook - For fiscal 2026, PepsiCo expects organic revenue growth between 2 and 4 percent and core constant currency earnings per share growth between 4 and 6 percent [2] - The company aims to enhance growth by restaging global brands, introducing product innovations, and improving productivity savings [2]