KFC is replacing Pepsi with Coca-Cola at US restaurants
KFC is ending a nearly 40-year beverage partnership by replacing Pepsi with Coca-Cola across all 3,700 of its US restaurants. The new drink options will arrive by spring 2027, according to announcements from the companies. The shift marks a major change for the fast-food giant's beverage lineup, moving away from its longtime supplier PepsiCo and bringing thousands of restaurant locations over to Coca-Cola. Financial analysts are closely watching the move as it puts PepsiCo's broader food service ties and stock performance into focus.
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- ✓ KFC is replacing Pepsi with Coca-Cola at all of its 3,700 U.S. restaurants.
- ✓ The new drink options will arrive by spring 2027, ending a nearly 40-year beverage partnership.
What changed
KFC officially announced it is dropping PepsiCo to adopt Coca-Cola as its US soda supplier across 3,700 locations by spring 2027.
Live updates
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KFC Replaces Pepsi With Coca-Cola at US Restaurants
KFC is ending a nearly 40-year beverage partnership by replacing Pepsi with Coca-Cola across all 3,700 of its US restaurants. The new drink options will arrive by spring 2027, according to announcements from the companies. The shift marks a major change for the fast-food giant's beverage lineup, moving away from its longtime supplier PepsiCo and bringing thousands of restaurant locations over to Coca-Cola. Financial analysts are closely watching the move as it puts PepsiCo's broader food service ties and stock performance into focus.
Why it matters
The transition ends a relationship that has lasted for decades between KFC and PepsiCo. The beverage partnership switch affects thousands of dining locations across the United States. Analysts point out that losing the fast-food giant could sting financially for PepsiCo, which has recently seen its stock drop from its 52-week high.
What is confirmed
- KFC is replacing Pepsi with Coca-Cola at all of its 3,700 U.S. restaurants.
- The new drink options will arrive by spring 2027, ending a nearly 40-year beverage partnership.
What to watch next
- The rollout of Coca-Cola products across KFC locations leading up to the spring 2027 deadline.
- Further financial market reactions to PepsiCo's loss of the KFC food service account.
confidence 100%Sources used for this update (16)
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- WSJ — Exclusive | KFC Is Moving to Ditch Pepsi for Coke in Thousands of Restaurants
- Reuters — KFC picks Coca-Cola as US soda supplier, ditches longtime partner PepsiCo
- PR Newswire — TWO SECRET RECIPES, ONE ICONIC PARTNERSHIP: KFC® U.S. ANNOUNCES NEW BEVERAGE PARTNERSHIP WITH THE COCA-COLA COMPANY
- CNBC — KFC to switch to Coca-Cola beverages in U.S. restaurants for the first time in decades
- Fox Business — KFC replacing Pepsi with Coca-Cola at 3,700 US restaurants after nearly four decades
- Yahoo Finance — PepsiCo just lost KFC to Coca-Cola. Here's how much it could sting financially.
- USA Today — KFC is replacing Pepsi with Coca-Cola at US restaurants
- Yahoo Finance — PepsiCo Is Down 25% From Its 52-Week High and Losing KFC to Coke. Here’s Where the Stock Could Go by 2030
- Yahoo Finance — Coca-Cola Makes a Major Move With Fast-Food Giant KFC
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