What Did PepsiCo's Quarter Change For Its Stock?

PepsiCo (PEP) shares gained 3.7% on October 8, 2026, the day it reported fiscal Q3 2026. The S&P 500 fell 0.5% during the same session. That advance came even as executives lowered their full-year earnings growth forecast while simultaneously raising their sales forecast. Buyers might be wagering that the company can continue to move higher volumes of food and beverages, leaving elevated costs as only a temporary headwind. So is the sales growth solid, and will rising costs keep squeezing its pr