secwatch.observer — SEC 8-K summary
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Issuer:     PEPSICO INC (PEP)
CIK:        0000077476
Form:       8-K
Filed at:   2025-10-09T23:59:59+00:00
Accession:  0000077476-25-000055
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/77476/000007747625000055/0000077476-25-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/77476/000007747625000055/pep-20251003.htm
  HTML page:      https://secwatch.observer/filing/0000077476-25-000055

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