PepsiCo Q1 core EPS $1.50, organic revenue +14.3%; raises FY guidance

PEPSICO INC

2023-Q1 EPS reported $1.40 revenue$17,846,000,000

Q1 reported net revenue +10.2% (organic +14.3%); FX headwind of -2.5% on revenue.
Core EPS $1.50 (+18% constant currency); GAAP EPS $1.40 (-54% vs prior-year gain).
FY 2023 organic revenue growth guidance raised to 8% from previously 6%.
FY 2023 core constant currency EPS growth guidance raised to 9% from previously 8%.
CEO cites resilient categories and investments in pep+ strategy as growth drivers.

item 2.02 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

PEPSICO INC reported first quarter 2023 results: EPS $1.40. Guidance raised.

Period: first quarter 2023
EPS: $1.40
Guidance: raised
Result: reported results

Exact text from the filing

Reported (GAAP) First-Quarter 2023 Results First-Quarter Net revenue growth 10.2% Foreign exchange impact on net revenue (2.5)% Earnings per share (EPS) $1.40

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Source: SEC EDGAR

accession 0000077476-23-000025

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