PepsiCo has released its third-quarter earnings report, showcasing strong revenue growth of 2.6%, reaching $23.9 billion, which exceeded Wall Street expectations. Despite declining beverage volumes and weaker demand in North America, the company managed to offset these challenges with higher prices. The announcement also included the appointment of Steve Schmitt as the new Chief Financial Officer, a move aimed at accelerating growth as the company prepares to launch new products intended to boost customer demand. Additionally, CEO insights suggest ongoing constructive discussions with activist investor Elliott, signaling potential strategic shifts in response to market conditions.