business
PepsiCo says economic concerns weighed on customers in North American during recent quarter
By Dee-Ann Durbin, Associated Press at KSAT 12 (ABC) - San Antonio News
· July 9, 2026
· 2 min read
PepsiCo reported stronger-than-expected revenue in the second quarter despite weaker demand in North America, where it said consumers tightened their budgets as the Iran war caused gas prices to spike.“I think the consumer is worse than what we had anticipated, and it’s driven mainly by gas price...
Key takeaway PepsiCo's shares fell 4% in morning trading Thursday.
Why this matters in Alamo Heights News
For Alamo Heights residents, the ripple effects of PepsiCo's struggles in North America may be felt at local convenience stores and gas stations, where impulse purchases of snacks and beverages are a significant part of the business. As gas prices continue to fluctuate, these small businesses may need to adapt their pricing and product offerings to stay competitive. The fact that PepsiCo is working with retailers to offer more affordable pack sizes and meal bundles could be a boon for local stores looking to attract price-conscious customers. Additionally, the company's efforts to introduce healthier products, such as Doritos Protein and Gatorade Lower Sugar, may resonate with the health-oriented demographic in Alamo Heights, potentially driving sales at local grocery stores and supermarkets. As the global economic landscape continues to shift, it will be worth watching how these trends play out in the local market.
About this story
Original reporting by KSAT 12 (ABC) - San Antonio News . Alamo Heights News surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSAT 12 (ABC) - San Antonio News . Have a tip or correction? Contact our newsroom .
Category: business ·
Published: July 9, 2026 ·
Source: KSAT 12 (ABC) - San Antonio News ·
Reading time: 2 min
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Frequently asked about this story
What is this story about? PepsiCo reported stronger-than-expected revenue in the second quarter despite weaker demand in North America, where it said consumers tightened their budgets as the Iran war caused gas prices to spike.“I think the consumer is worse than what we had anticipated, and it’s driven mainly by gas price...
When was this published? This article was first published on July 9, 2026 by KSAT 12 (ABC) - San Antonio News and curated for Alamo Heights News readers.
Who reported this story? This story was reported by Dee-Ann Durbin, Associated Press at KSAT 12 (ABC) - San Antonio News. To learn more about how Alamo Heights News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from Alamo Heights News, or browse our daily briefing and topic hubs .
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