KFC to Replace Pepsi with Coca-Cola Across Thousands of US Restaurants

Key Facts

KFC is planning to ditch PepsiCo as its beverage partner in favor of Coca-Cola across thousands of restaurant locations in the United States. The Wall Street Journal reported that the chicken chain intends to end its long-standing partnership, opting to serve Coca-Cola products instead across its vast network.

PEP closed at $129.27 on October 14, 2026, with a session high of $129.36 and a low of $127.2. The loss of a major fountain account like KFC is expected to impact PepsiCo's North American volume and market share within the food service segment.