PepsiCo Stock Near 52-Week Low After Job Cuts in Maryland - ad-hoc-news.de
Article excerpt
The PepsiCo stock (ISIN US7134481081) is under pressure in mid-September 2026: On September 15, 2026, the stock closed at 117.42 euros according to Xetra data, placing it only 0.6 percent above its 52-week low of 116.72 euros, which highlights market nervousness. A significant burden on sentiment surrounding PepsiCo is job cuts in the USA. As The Baltimore Sun reported on September 15, 2026, PepsiCo is cutting nearly 70 percent of its workforce at its Cheverly, Maryland, location, which corresponds to almost 100 jobs in absolute numbers. According to Trading-Treff, specifically 98 positions were eliminated, significantly reducing the local site and making job cuts the dominant theme for the stock. The Trading-Treff report points out that the stock price in trading on September 15, 2026, was 117.42 euros, thus only minimally above the 52-week low of 116.72 euros, which underscores the pressure on the stock. Despite the job cuts, PepsiCo can point to an operationally solid second quarter of 2026. According to an analysis cited by The Globe and Mail on September 15, 2026, core operating income rose by 4 percent in the second quarter of 2026, with productivity programs and effective price adjustments being the main drivers. At the same time, the so-called core operating margin decreased by 40 basis points in the second quarter of 2026, which corresponds to a reduction of 0.4...
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According to Zacks, PepsiCo achieved earnings per share of 2.20 US dollars in the last reported quarter, which ended in September 2026, thus exceeding the consensus of 2.19 US dollars by 0.01 US dollars, corresponding to a positive surprise of 0.46 percent.
