PepsiCo Inc

PEP

Equity

ISIN US7134481081 / Valor 961618

NASDAQ (2024-11-21)

USD 160.34+1.01%

PepsiCo Inc
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About company

PepsiCo Inc., a global food and beverage leader, has a diverse portfolio that extends beyond its iconic Pepsi soda. Founded through the merger of Frito-Lay Inc. and Pepsi-Cola in 1965, the company has grown to include a wide range of snack foods and beverages. In the Asia Pacific, Australia/New Zealand, and China regions, PepsiCo offers leading snack brands such as Cheetos, Doritos, Lay’s, and Smith’s, alongside beverage brands like 7UP, Aquafina, Mirinda, Mountain Dew, and Pepsi. Additionally, PepsiCo has expanded its beverage offerings through a joint venture with Unilever for Lipton ready-to-drink tea products and a strategic alliance with Tingyi (Cayman Islands) Holding Corp for licensing Tropicana. The company also has a significant presence in the Africa, Middle East, and South Asia (AMESA) sector, featuring both global and local snack and beverage brands. In 2020, PepsiCo acquired Pioneer Foods in South Africa, further broadening its food and beverage lineup with well-known brands such as Weet-Bix and Ceres. Headquartered in Shanghai, China, for its APAC operations, PepsiCo continues to grow its global footprint, emphasizing its role as a major player in the food and beverage industry.

Summarized from source with an LLMView SourceSector: Consumer Non-Cyclicals

Net Revenue Growth

PepsiCo Inc. reported a net revenue of $22.5 billion for the second quarter of 2024, reflecting a slight increase from $22.3 billion in the same quarter of the previous year. This growth was achieved despite challenging market conditions and product recalls in the Quaker Foods North America division.

Earnings Per Share (EPS)

For the second quarter of 2024, PepsiCo Inc. reported an earnings per share (EPS) of $2.23, marking a 13% increase from the $1.99 EPS reported in the second quarter of 2023. This growth in EPS underscores the company's ability to enhance profitability even in a tough economic environment.

Organic Revenue Growth

PepsiCo Inc. achieved an organic revenue growth of 1.9% in the second quarter of 2024. This metric excludes the impacts of foreign exchange translation and acquisitions and divestitures, providing a clearer picture of the company's underlying performance.

Operating Profit

PepsiCo Inc.'s operating profit for the second quarter of 2024 was $4.05 billion, up from $3.66 billion in the same period last year. This increase was driven by strong performance in several key markets and effective cost management strategies.

Financial Guidance Update

PepsiCo Inc. has updated its financial guidance for the full year 2024, now expecting approximately 4% organic revenue growth and at least 8% core constant currency EPS growth. The company also anticipates total cash returns to shareholders of approximately $8.2 billion, including $7.2 billion in dividends and $1.0 billion in share repurchases.

Summarized from source with an LLMView Source

Key figures

-4.45%1Y

-2.12%3Y

19.7%5Y

Performance

15.9%1Y

17.0%3Y

22.0%5Y

Volatility