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NASDAQ:PEP 9 October 2025

PepsiCo’s Sneaky Q3 Beat: Earnings Up, New CFO In, But U.S. Snack Sales Slump – What It Means

PepsiCo’s Sneaky Q3 Beat: Earnings Up, New CFO In, But U.S. Snack Sales Slump – What It Means

PepsiCo posted Q3 adjusted EPS of $2.29, beating estimates, with revenue up 2.7% to $23.9 billion. Organic sales rose just 1.3%, missing targets, as U.S. snack and soda demand fell and volumes dropped. The company reaffirmed 2025 guidance and named Walmart U.S. CFO Steve Schmitt as its new CFO. Shares rose 2% pre-market but remain down nearly 9% for the year.
9 October 2025
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Stock Market Today

  • Adobe Q1 Earnings Beat Estimates, CEO Shantanu Narayen to Step Down
    March 12, 2026, 5:17 PM EDT. Adobe reported a strong Q1 earnings beat with adjusted EPS of $6.06 versus estimates of $5.88, and revenue of $6.4 billion topping the expected $6.28 billion. The company provided a Q2 outlook also above consensus. However, shares fell over 5% in after-hours trading amid concerns over AI disruption and intense competition, notably from low-end rivals like Canva. In a major leadership change, CEO Shantanu Narayen, who has led Adobe for 18 years, announced plans to step down after a successor is appointed. Narayen will remain as chair of the board. Frank Calderoni will lead a special committee for the CEO transition. Investors now look ahead to the upcoming Adobe Summit for potential growth catalysts.
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