Must know

• Atlas sentimentPositive read on this headline.MAY 18

  Yahoo FinanceHigh-significance eventAtlas flags this as a recommended read.

  Frito-Lay North America margin beats; volumes flat

  Segment operating margin expanded 140 bps to 28.6% as productivity programs and a richer multipack mix offset modest elasticity, though pound volume came in unchanged year-over-year for the second straight quarter.

• Atlas sentimentNegative read on this headline.MAY 15

  The Food InstituteHigh-significance eventAtlas flags this as a recommended read.

  GLP-1 prescriptions cross 14 million as snack-aisle scan data softens

  Circana point-of-sale data show salty-snack category volumes down 1.8% over the trailing 12 weeks, with Morgan Stanley estimating GLP-1 users now contribute roughly 90 bps of category drag versus 60 bps a year ago.

• Atlas sentimentPositive read on this headline.MAY 8

  PepsiCoHigh-significance eventAtlas flags this as a recommended read.

  PepsiCo board approves $10bn buyback, lifts dividend 7%

  The new authorization extends through 2029 and marks the company's 54th consecutive annual dividend increase, keeping payout ratio inside the 70-75% corridor management has signalled to credit holders.

Worth noting

• Atlas sentimentNegative read on this headline.MAY 12

  Opportimes

  Mexican peso weakness clips PepsiCo Latin America operating profit

  A 9% peso decline since February reduced reported LatAm segment profit by an estimated $110m in the quarter, even as organic revenue grew double digits on price/mix in Mexico and Brazil.

• Atlas sentimentPositive read on this headline.MAY 5

  Food Business MEA

  PepsiCo India volumes up 12% as Lay's Bharat launch outpaces plan

  Local-flavor SKUs introduced in March are now stocked in roughly 410,000 outlets, contributing to the strongest quarterly volume print for the India business since 2019 and supporting AMESA segment momentum.

• Atlas sentimentNeutral or informational.MAY 1

  CSP Daily News

  PepsiCo to consolidate three U.S. bottling territories under direct-store model

  The realignment, expected to take 18 months to complete, will move roughly 6% of U.S. beverage volume back in-house and is projected to be EPS-neutral in year one before contributing 2-3 cents in FY28.

• Atlas sentimentNeutral or informational.APR 29

  The Motley Fool

  PepsiCo Q1 organic revenue +3.4%; FY guide unchanged

  Management reiterated 4% organic revenue growth and high-single-digit constant-currency core EPS for FY26, attributing the in-line quarter to better-than-expected pricing in international snacks offsetting NA beverage softness.

• Atlas sentimentNegative read on this headline.APR 25

  Plastic Pollution Coalition

  Arizona water board contests Aquafina aquifer renewal permit

  The Tonopah groundwater authority is challenging PepsiCo's 20-year extraction renewal, citing aquifer-depletion modelling; PepsiCo says the Tolleson facility's withdrawal is well below permitted thresholds.

Less important

• Atlas sentimentPositive read on this headline.APR 22

  ESG Dive

  MSCI lifts PepsiCo ESG rating to AA on packaging and water progress

  The upgrade cites accelerated recycled-PET adoption in North American beverages and a 22% improvement in water-use efficiency since the 2015 baseline, moving PepsiCo a notch above sector average.

• Atlas sentimentNeutral or informational.APR 21

  Yahoo Finance

  Barclays nudges PepsiCo price target to $178 ahead of investor day

  Analyst Lauren Lieberman keeps an Equal Weight rating but lifts the target by $4, citing visibility into FY27 productivity savings and a more constructive view on Frito-Lay's price-pack architecture refresh.