NEW YORK, December 29, 2025, 12:32 ET — Regular session
- PepsiCo shares rose about 0.4% while the broader market slipped in holiday-thinned trading.
- Investors are watching Fed minutes and weekly jobless claims in a data-light final week of 2025.
- PepsiCo’s next major catalyst is its Feb. 3 results and outlook update, after it laid out a preliminary 2026 growth plan this month.
PepsiCo shares rose 0.4% to $144.30 on Monday as the beverage and snacks maker held up better than the broader U.S. market in midday trading.
The modest gain mattered because trading has turned thin into the final three sessions of the year, when smaller flows can push stocks around more than usual. Investors have also been reassessing risk after a strong run that left major indexes near record levels.
For PepsiCo, the late-December tape is also a bridge to its next set of numbers: the company said it will report fourth-quarter and full-year 2025 results for the year ending Dec. 27 on Feb. 3.
On the day, the SPDR S&P 500 ETF Trust fell about 0.5% and the Invesco QQQ Trust slipped about 0.7%, reflecting weakness concentrated in growth-heavy areas of the market.
“It’s a very light trading week ahead; volume is low,” said Sam Stovall, chief investment strategist at CFRA Research in New York. MarketScreener
Defensive consumer names were steadier: the Consumer Staples Select Sector SPDR Fund was little changed, while Coca-Cola shares rose about 0.4%.
PepsiCo has been in focus this month after it outlined priorities aimed at boosting shareholder value following what it called constructive engagement with activist investor Elliott Investment Management.
In that Dec. 8 update, PepsiCo gave a preliminary 2026 view that called for organic revenue — sales growth excluding currency swings and acquisitions — to rise 2% to 4%. It also forecast core constant-currency earnings per share growth of 4% to 6%, an adjusted profit measure that strips out certain items and currency effects.
Management changes have also started to take effect. PepsiCo said Ram Krishnan became CEO of PepsiCo North America on Dec. 28, while Steven Williams moved into a new global chief commercial officer role.
The next hard catalysts on the calendar are Feb. 3 — when PepsiCo said it will post its earnings release and 10-K around 6 a.m. ET and hold a live Q&A at 8:15 a.m. — and a Feb. 18 presentation at the CAGNY conference.
Macro-wise, investors are looking to minutes from the Federal Reserve’s last meeting and weekly jobless claims later this week, with U.S. markets closed Thursday for New Year’s Day.
Traders also kept an eye on near-term levels in PepsiCo itself: the stock has traded between $143.65 and $145.02 so far Monday. With volumes light, investors are likely to stay sensitive to headlines on pricing, cost savings and North America execution ahead of the Feb. 3 update.
