🔴 PepsiCo is trading 5.1% down today as weak North American food sales weigh on Q2 results

PepsiCo is trading 5.1% down at $136.27 as investors react to a slowdown in domestic momentum following the company's Q2 2026 earnings report.

• Organic revenue grew a modest 2.4% as North American food divisions underperformed, offsetting a beat on revenue and a 4% increase in core EPS.
• Management reaffirmed full-year guidance while shifting focus toward affordability packaging to address pricing pressures and consumer sentiment in the U.S. market.
• Strong international growth was overshadowed by the domestic slump, raising concerns about the company's near-term growth trajectory in its largest market.