KFC to Sign Coca-Cola as Beverage Partner, Ditching PepsiCo, WSJ Reports

3-line summary

• KFC is switching the beverage partner for its roughly 3,718 US locations from PepsiCo to Coca-Cola, ending a long-standing Pepsi contract, the Wall Street Journal first reported and Reuters carried on October 15.
• Coca-Cola products are expected to appear in US KFC stores by spring 2027. The report frames the switch as a blow to PepsiCo, which it describes as struggling with its US sales.
• Deal size, contract duration, the specific rationale for the switch, and official statements from KFC, Coca-Cola, or PepsiCo were not disclosed in the report.

This summary is our own processing of the source article; see the source link below for full context.