secwatch.observer — SEC 8-K summary
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Issuer:     PEPSICO INC (PEP)
CIK:        0000077476
Form:       8-K
Filed at:   2023-07-13T23:59:59+00:00
Accession:  0000077476-23-000048
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PepsiCo Q2 GAAP EPS $1.99, revenue up 10.4%; raises full-year guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/77476/000007747623000048/0000077476-23-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/77476/000007747623000048/pep-20230713.htm
  HTML page:      https://secwatch.observer/filing/0000077476-23-000048

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