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News · 16 April 2026

Pepsi's net sales climb 8.5% to $19.44 billion

Pepsi's net sales climb 8.5% to $19.44 billion

Unsplash / Ja San Miguel

After recent price reductions, PepsiCo's North American food business reported volume growth for the first time in over two years. The company announced its first-quarter results on Thursday, with net income of $2.33 billion and revenue topping analysts' expectations. Its food division's volume rose 2%, helped by February's price cuts on snacks like Lay's.

Reported by CNBC · How we write briefs

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