PepsiCo Q1 GAAP EPS $1.48 (+6% YoY); reaffirms FY2024 organic revenue growth ≥4%

PEPSICO INC

2024-Q1 EPS reported $1.48 revenue$18,250,000,000

GAAP EPS $1.48, up 6% YoY; core EPS $1.61, up 7% constant currency.
Net revenue grew 2.3% (organic +2.7%); FX headwind of 0.5%.
Affirms FY2024 guidance: organic revenue growth at least 4%, core constant currency EPS growth at least 8%.
Announced 7% annualized dividend increase, starting June 2024 payment, 52nd consecutive annual increase.
International business performed well; some impact from Quaker Foods North America product recalls.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

PEPSICO INC reported first quarter 2024 results: revenue First-Quarter Net revenue growth 2.3%, EPS $1.48. Guidance reaffirmed.

Period: first quarter 2024
Revenue: First-Quarter Net revenue growth 2.3%
EPS: $1.48
Guidance: reaffirmed
Result: reported results

Exact text from the filing

EX-99.1 (EX-99.1) --- PepsiCo Reports First-Quarter 2024 Results; Affirms 2024 Financial Guidance Reported (GAAP) First-Quarter 2024 Results First-Quarter Net revenue growth 2.3% Foreign exchange impact on net revenue (0.5)% Earnings per share (EPS) $1.48 EPS change 6% Foreign exchange impact on EPS —% Organic/Core (non-GAAP) 1 First-Quarter 2024 Results

View on SEC.gov

1349 earnings releases filed in the last 30 days. Browse all earnings releases →

PEPSICO INC filing history →

Source: SEC EDGAR

accession 0000077476-24-000019

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.