Key Takeaways PepsiCo faces FX and tariff pressures while aiming to keep core constant-currency EPS roughly flat.PepsiCo cites a 0.5-point FX drag and a three-point tariff headwind squeezing margins.PepsiCo is streamlining SKUs and boosting automation to offset rising costs and protect margins.PepsiCo, Inc. (PEP) enters the final stretch of 2025 facing two major external headwinds: currency volatility and rising tariff-related costs. Despite strong execution across international markets and improving trends ...