PepsiCo Q3 EPS $2.13 (-5% YoY); cuts FY organic revenue growth outlook

PEPSICO INC

2024-Q3 EPS reported $5.84 revenue$64,070,000,000

GAAP EPS $2.13, down 5% YoY; core EPS $2.31, up 5% constant currency.
Q3 organic revenue growth 1.3% (FY outlook cut to low single digits from ~4%).
Quaker Foods North America recalls and geopolitical tensions affected results.
Marie Gallagher, SVP & Controller, to retire effective May 3, 2025; no disagreement with accounting.
FY core constant currency EPS growth reaffirmed at least 8%.

item 2.02 item 5.02 item 9.01

Executive movements

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Departed

Marie T. Gallagher

Senior Vice President and Controller (Principal Accounting Officer)

PEP · PEPSICO INC

Effective: 2025-05-03
Filed: October 8, 2024, 7:59 PM ET

On October 4, 2024, Marie T. Gallagher, Senior Vice President and Controller (Principal Accounting Officer), notified PepsiCo of her intent to retire from PepsiCo. Ms. Gallagher’s retirement will be effective May 3, 2025.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Marie T. Gallagher retired as Senior Vice President and Controller (Principal Accounting Officer) at PEPSICO INC.

Action: retired
Role: Senior Vice President and Controller (Principal Accounting Officer)

Exact text from the filing

On October 4, 2024, Marie T. Gallagher, Senior Vice President and Controller (Principal Accounting Officer), notified PepsiCo of her intent to retire from PepsiCo. Ms. Gallagher’s retirement will be effective May 3, 2025.

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PEPSICO INC filing history →

Source: SEC EDGAR

accession 0000077476-24-000054

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