---
schema_version: "secwatch.filing_event.v1"
accession: "0000077476-25-000055"
form_type: "8-K"
ticker: "PEP"
cik: "0000077476"
company_name: "PEPSICO INC"
filed_at: "2025-10-09T23:59:59+00:00"
generated_at: "2026-05-17T04:16:05.471569+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PepsiCo Q3 GAAP EPS $1.90 (down 11% YoY); affirms guidance; names new CFO

## Summary
- Q3 GAAP EPS $1.90 (down 11% YoY); Core EPS $2.29 (down 2% constant currency).
- Reported net revenue up 2.6% YoY; organic revenue up 1.3%, driven by international and NA Beverages.
- FY 2025 guidance reaffirmed: low-single-digit organic revenue growth, core constant currency EPS ~even YoY.
- Appointed Stephen Schmitt (EVP & CFO from Walmart U.S.) effective Nov 10, 2025; Jamie Caulfield to retire.
- Director Darren Walker to retire Nov 19, 2025; no disagreement with company.

## SEC filing metadata
- accession: 0000077476-25-000055
- form_type: 8-K
- ticker: PEP
- cik: 0000077476
- company_name: PEPSICO INC
- filed_at: 2025-10-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/77476/000007747625000055/0000077476-25-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/77476/000007747625000055/pep-20251003.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000077476-25-000055
- JSON: https://secwatch.observer/filing/0000077476-25-000055.json
- Plain text: https://secwatch.observer/filing/0000077476-25-000055.txt

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