Updated

Updated · The Associated Press · Jul 9

PepsiCo Tops Q2 Revenue With $24.2 Billion as North America Beverage Volume Drops 4%

Updated

Updated · The Associated Press · Jul 9

PepsiCo Tops Q2 Revenue With $24.2 Billion as North America Beverage Volume Drops 4%

Q: As PepsiCo cuts 20% of its US products, which popular snacks and drinks could soon disappear from store shelves nationwide?

PepsiCo has not published a full official list of the roughly 20% of U.S. SKUs it plans to cut, but reports tied to its 2026 portfolio reset suggest a number of familiar snack lines are at risk of disappearing from shelves, with some cuts possibly varying by region. Among the snack products most widely cited as being discontinued are Lay’s Sweet & Spicy Honey, Lay’s All Dressed, Lay’s Lightly Salted Barbecue, several Lay’s Poppables varieties, Doritos Golden Sriracha, Doritos Dinamita Xxtra Flamin’ Hot, Cheetos Cheese Pizza Puffs, Cheetos Flamin’ Hot Asteroids, Smartfood Movie Theater Butter, Smartfood Brown Butter & Sea Salt Kettle Corn, Ruffles Smokehouse BBQ, Tostitos Cantina Thin N Crispy chips, Tostitos Nacho Cheese Dip in the 16-ounce jar, Fritos Queso Flavor Twists, Chester’s Carolina Style BBQ Fries, and Rold Gold Cheddar. On drinks, the evidence is thinner. The materials provided do not show a broad beverage discontinuation list tied to the 20% U.S. SKU reduction. The clearest named PepsiCo drink products already identified as discontinued are Pepsi Mango, Nitro Pepsi Original Cola, and Nitro Pepsi Vanilla. At the same time, PepsiCo is continuing to invest in major beverage brands such as Gatorade and Pepsi Zero Sugar rather than signaling a sweeping pullback there. So, the likely near-term shelf losses are concentrated more in lower-velocity snack varieties than in PepsiCo’s core drinks.

3 articles · Updated · The Associated Press · Jul 9

PepsiCo posted $24.2 billion in second-quarter revenue, up 6.4% and above Wall Street's $23.9 billion estimate, even as adjusted earnings of $2.18 a share narrowly missed forecasts.
North American demand weakened as budget-conscious consumers pulled back; snack volumes were flat and beverage volumes fell 4% after gas-price spikes tied to the Iran war squeezed household spending.
Overseas markets offset that softness, with global snack volumes rising 3% and beverage volumes up 2%, helped by World Cup-themed products including limited-edition Lay's flavors.
PepsiCo said it will keep pushing affordability after cutting U.S. chip prices by up to 15% before the Super Bowl, while also expanding healthier offerings such as Gatorade Lower Sugar.
Shares slipped less than 1% in premarket trading, underscoring investor focus on persistent North American weakness even as international sales and net income improved.