secwatch.observer — SEC 8-K summary
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Issuer:     PEPSICO INC (PEP)
CIK:        0000077476
Form:       8-K
Filed at:   2024-10-08T23:59:59+00:00
Accession:  0000077476-24-000054
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/77476/000007747624000054/0000077476-24-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/77476/000007747624000054/pep-20241004.htm
  HTML page:      https://secwatch.observer/filing/0000077476-24-000054

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer