PepsiCo cuts its 2026 profit forecast and announces new cost-cutting measures

PepsiCo has lowered its estimates for profit growth in 2026 and announced new cost-cutting measures after the company found that the recovery in sales and profit margins in North America is progressing more slowly than anticipated.

The U.S. food and beverage group warns that demand for drinks and snacks remains weak in the North American market. This development is affecting both the company’s sales and profitability, prompting management to revise its estimates for 2026 downward.

PepsiCo said it would take further steps to reduce costs in an effort to protect its margins and offset pressure on revenue. The company did not provide, in the information cited, details about the scale of the new cuts or the areas that would be affected.

The announcement reflects the difficulties PepsiCo is facing in one of its important markets, amid weaker demand for consumer products. The company had expected sales and margins to recover more quickly, but the recovery is being delayed, according to Reuters. The revision of the estimates and the cost-cutting plan mark the group’s latest response to slowing consumption in North America.