Strong demand in India boosts international snack sales, drinks segment slips
PepsiCo reported a 2.5 per cent organic revenue growth in its international snacks segment for Q3 2025, driven by markets including India. However, its International Beverages Franchise (IBF) segment experienced a 1 per cent decline during the same period.
The company’s net revenue for Q3 reached USD 23.93 billion, a 2.65 per cent increase year-over-year. Operating profit decreased by 7.8 per cent to USD 3.57 billion. PepsiCo anticipates low-single-digit organic revenue growth for the full year.
Year-to-date (nine months), we held or gained savoury snack share in Brazil, Colombia, Guatemala, Puerto Rico, Poland, France, India, Australia and Thailand,” PepsiCo added in its earnings statement.
Chairman and CEO Ramon Laguarta emphasised the company’s focus on innovation and cost optimisation to drive future growth. He noted that the full-year core constant currency earnings per share (EPS) outlook has improved due to a more favourable outlook on foreign exchange translation rates for the balance of the year.
“We continue to expect to deliver low-single-digit organic revenue growth with core constant currency EPS to be approximately even with the prior year. Our full year core USD EPS outlook has improved due to a more favourable outlook on foreign exchange translation rates for the balance of this year”, said Laguarta.
In a leadership change, PepsiCo announced that Steve Schmitt, a senior executive at Walmart, will become the new Chief Financial Officer (CFO) effective November 10, 2025. Schmitt, who served as Walmart U.S.’s CFO since 2021, will succeed retiring PepsiCo veteran Jamie Caulfield.
