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KFC to switch from PepsiCo to Coca-Cola for U.S. drinks by early 2027

Market News
15 Oct 2026
CNBC
View Source
Bullish
KFC to switch from PepsiCo to Coca-Cola for U.S. drinks by early 2027

KFC announced it will replace PepsiCo with Coca-Cola as its beverage supplier in U.S. restaurants by the end of Q1 2027. This marks the first major drink supplier change since Pepsi acquired KFC in 1986. The switch aims to help KFC regain U.S. customers lost to competitors like Chick-fil-A and Popeyes by offering new drink innovations with Coca-Cola. Pepsi will remain a partner for KFC's international markets and its parent company, Yum Brands.

Following KFC's announcement to switch from PepsiCo to Coca-Cola for its U.S. beverage supply, Yum! Brands (YUM) shares rose 2.86% to USD 150.88 as of Oct 16, 2026 03:01 WIB on Pluang. Coca-Cola (KO) edged up slightly by 0.08% to USD 91.85, while PepsiCo (PEP) shares declined 0.57% to USD 128.53 at the same time. This shift highlights changing dynamics among these major consumer staples and cyclical stocks on Pluang.

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