---
schema_version: "secwatch.filing_event.v1"
accession: "0000077476-24-000054"
form_type: "8-K"
ticker: "PEP"
cik: "0000077476"
company_name: "PEPSICO INC"
filed_at: "2024-10-08T23:59:59+00:00"
generated_at: "2026-05-30T18:46:23.883364+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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%.

## SEC filing metadata
- accession: 0000077476-24-000054
- form_type: 8-K
- ticker: PEP
- cik: 0000077476
- company_name: PEPSICO INC
- filed_at: 2024-10-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/77476/000007747624000054/0000077476-24-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/77476/000007747624000054/pep-20241004.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000077476-24-000054
- JSON: https://secwatch.observer/filing/0000077476-24-000054.json
- Plain text: https://secwatch.observer/filing/0000077476-24-000054.txt

## Key facts
- Executive change
  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)
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/77476/000007747624000054/0000077476-24-000054-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.