10月8日：百事可乐周四下调了全年核心利润预期，并表示将进一步削减成本。公司警告称，重振北美业务增长与盈利水平的努力耗时比预期要长。
Oct 8 : PepsiCo cut its annual core profit forecast on Thursday and said it would pursue additional cost cuts, warning that efforts to revive growth and profitability in its crucial North American business were taking longer than expected. This highlights a broader challenge in the packaged food industry, where companies such as General Mills, McCormick and Conagra Brands are spending more on promotions and affordability initiatives to revive demand while contending with higher input costs.
这一情况折射出包装食品行业的普遍困境：通用磨坊、麦考密克以及康尼格拉品牌等企业都在加大促销投入与价格优惠力度以刺激需求，同时又要应对原材料成本上涨的压力。
"Additional structural cost reduction actions are being identified and will be implemented in the coming months to help fund investments that aim to accelerate organic revenue growth and mitigate the impacts of rising input cost inflation," PepsiCo CEO Ramon Laguarta said in a statement.
百事可乐首席执行官拉蒙·拉瓜尔塔在声明中称：“我们正在着手制定更多结构性成本削减措施，并将于未来数月内实施。这些措施旨在为各项投资提供资金支持，从而加速有机营收增长，并缓解原材料成本通胀带来的负面影响。”
PepsiCo has been battling weakness in its North America business.
近年来，百事可乐的北美业务表现持续疲软。截至9月5日的第三季度，其食品业务销量与去年同期持平；饮料业务销量则同比下滑2%。
Foods segment volumes were flat in the third quarter ended September 5, while in beverages, it dipped 2 per cent from a year ago. The region has been a pain point for the company despite its efforts to cut prices by up to 15 per cent on products such as Lay's and Doritos in February.
尽管今年2月百事可乐对乐事薯片、多力多滋等产品实施了最高15%的降价措施，但北美市场依然是公司发展的软肋。
Last month, PepsiCo said it would raise prices on some U.S. products to offset rising costs and improve profitability in North America, where margins have been hit by affordability initiatives, higher marketing spending and weak demand.
上个月，百事可乐宣布将上调部分美国产品的售价，以抵消成本上涨压力并提升北美地区的盈利能力——此前该地区的利润率已受到价格优惠政策、营销支出增加以及需求疲软的多重影响。
The company has been under pressure to reinvigorate its soda business, boost its share price and explore selling non-core food assets since activist investor Elliott Investment Management disclosed a roughly $4 billion stake last year.
去年，激进投资者艾略特投资管理公司披露已持有百事可乐约40亿美元的股份，此后该公司便面临重振碳酸饮料业务、提振股价以及出售非核心食品资产等多重压力。
After discussions with Elliott, PepsiCo said in December it would review its North American supply chain and pursue aggressive cost-cutting measures.
在与艾略特投资管理公司沟通后，百事可乐于去年12月宣布将重新评估北美地区的供应链体系，并大力推行成本削减措施。
"In North America, we remain committed to improving growth and core operating margin.
百事可乐首席财务官史蒂夫·施密特在事先准备好的发言稿中称：“在北美市场，我们始终致力于推动业务增长并提升核心营业利润率。不过，实现这一目标所需的时间比原先预计的要长。”该股股价在盘前交易中上涨了约1%。
However, it is taking more time than we planned," said PepsiCo CFO Steve Schmitt in prepared remarks. Shares of the company were up about 1 per cent in premarket trading.
该公司预计，经汇率波动因素调整后，2026财年的核心每股收益将增长1%至2%，而此前的预期为增长4%至6%。
The company expects fiscal 2026 core earnings per share after adjusting for currency fluctuations to rise 1 per cent to 2 per cent, compared with its prior forecast of low-end of 4 per cent to 6 per cent rise.
此外，公司预计全年内生性收入增幅约为3%，原先预期则为2%至4%。
It also expects annual organic revenue to be up about 3 per cent, compared with the prior forecast of between 2 per cent and 4 per cent.
不过，根据LSEG汇总的数据，该公司季度营收增长了5.6%，达到252.7亿美元，超过了分析师预期的249.6亿美元。其季度核心每股收益为2.34美元，同样高于预期的2.29美元。
However, its quarterly revenue rose 5.6 per cent to $25.27 billion, compared with analysts' estimate of $24.96 billion, according to data compiled by LSEG. Its quarterly core earnings per share of $2.34 exceeded estimates of $2.29.