earnings
confidence high
sentiment positive
materiality 0.85
PepsiCo Q2 GAAP EPS $1.99, revenue up 10.4%; raises full-year guidance
PEPSICO INC
2023-Q2 EPS reported
$3.38
revenue$40,168,000,000
- GAAP EPS $1.99; net revenue +10.4% YoY; organic revenue +13.0%.
- Core EPS $2.09; core constant currency EPS +15% YoY.
- Raises FY2023 guidance: organic revenue growth now 10% (was 8%), core constant currency EPS growth 12% (was 9%).
- CEO Ramon Laguarta cites strong momentum; investing in pep+ strategy and productivity initiatives.
- Foreign exchange headwind: -2.5% on revenue, -2% on EPS.