Director Robert Pohlad added 84,507 shares at $128.28, lifting his stake to 433,009 shares across the day's acquisitions. That is a board member leaning in while PepsiCo cuts its forecast and deepens cost reductions on a slow North America recovery.
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A guidance cut from one of the biggest snack and beverage sellers in the country says the pressure is on the North American consumer broadly, extending beyond Pepsi, and staples holders should treat it as a read-through across the shelf.
BREAKING: PepsiCo cuts its full-year profit outlook as North America stays weak and costs rise
- Replies7
- Reposts1
- Likes18
Snack volumes and pricing commentary will drive the reaction when PepsiCo reports at 6:00 AM ET. Consensus sits at $2.30 EPS.
Mad Money w/ Jim Cramer 10/2/26
- 29,000 September jobs eased rate-hike fears; G7 releasing 100 million barrels capped oil's rally
- PepsiCo called uninvestable into Thursday earnings: down 12% this year while Coca-Cola is up 22.5%
- Nvidia compute scarcity framed as the real money-maker behind data center and Starlink demand
- Caller verdicts on Applied Materials, Simon Property Group, Goldman Sachs and Duke Energy at a 3.8% yield
A 4.7% PepsiCo yield loses to the 10-year, so any bounce off Thursday's earnings report is just a trade. Cramer stays long AI compute while telling snack and beer holders the consumer shift is structural.
Five years of the cola wars left a $9,012 gap: $10,000 in Coca-Cola is now $18,689, while the same bet on PepsiCo is worth $9,677, still underwater.
PepsiCo marked a new 52-week low at $126.72, undercutting the floor it set just six days earlier by 1.12%. The $173 billion snack and beverage giant has now taken out its own bottom twice in a week, so the prior low is no longer support.
Mad Money w/ Jim Cramer 9/28/26
- Cramer stays with Intel and Meta, calling Meta's Muse agentic platform a CPU-driven demand cycle for Intel, AMD and Arm
- Intel fell 7 points; he frames the pullback after a parabolic run as another entry chance
- Nvidia's $150 billion buyback, the largest ever, plus its plan to rein in autonomous AI agents
- Chevron called the king of oil; Enbridge flagged for its 6% yield, with Microsoft's Copilot and Apple also named
With breadth the narrowest since the dot-com unwind, Cramer's answer is to concentrate: energy for pricing power, CPU names for a product cycle that higher rates cannot dent. Owners of Intel get told the 7-point drop is an invitation, and Nvidia holders get the biggest buyback ever as the floor under the stock.
- ACNAccenture plc Class A Ordinary Shares (ACN)Buy$1K – $15KAug 26
- ACNAccenture plc Class A Ordinary Shares (ACN)Buy$1K – $15KAug 26
- GOOGAlphabet Inc. - Class C Capital Stock (GOOG)Partial sell$1K – $15KAug 20
- GOOGFidelity Roth IRA Alphabet Inc. - Class C Capital Stock (GOOG)Partial sell$1K – $15KAug 20
- AAPLApple Inc. - Common Stock (AAPL)Partial sell$1K – $15KAug 20
- JPMFidelity Roth IRA JP Morgan Chase & Co. Common Stock (JPM)Partial sell$1K – $15KAug 20
- JPMJP Morgan Chase & Co. Common Stock (JPM)Partial sell$1K – $15KAug 20
- LSYIXLord Abbett Short Duration High Yield I (LSYIX) bond fundBuy$1K – $15KAug 26
About as clear a risk-off tell as a House filing gives you: a sitting appropriator rotated out of megacap tech and a big bank in the same week. The filing shows trims of Alphabet, Apple and JPMorgan on Aug. 20, purchases of defensive names like McDonald's, PepsiCo and Novo Nordisk six days later, plus short duration high yield.
PepsiCo just marked a fresh 52-week low at $134.34, taking out the January 7 floor. At a $183.5 billion market cap, the next support level is untested ground.
PepsiCo lifted its quarterly payout 4% to $1.48 a share, locking in a 5.25% yield for anyone who owns it before today's ex-date. That is a rare payout level for a megacap staple, and it says management sees no need to defend cash.
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