PepsiCo, Inc.

PEP

US7134481081

Non-Alcoholic Beverages

Market Closed - Nasdaq Other stock markets 16:00:00 2024-07-16 EDT			Pre-market 07:41:57
164.8 ^USD	+0.55%		166	+0.75%

07-16	Coca-Cola to Post 'Solid' Q2 Results, UBS Says	MT
07-16	PepsiCo Europe, Yara Enter Partnership to Decarbonize Crop Nutrition	MT

PepsiCo, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 15, 2024

July 11, 2024 at 06:05 am

PepsiCo, Inc. reported earnings results for the second quarter and six months ended June 15, 2024. For the second quarter, the company reported sales was USD 22,501 million compared to USD 22,322 million a year ago. Net income was USD 3,083 million compared to USD 2,748 million a year ago. Basic earnings per share from continuing operations was USD 2.24 compared to USD 1.99 a year ago. Diluted earnings per share from continuing operations was USD 2.23 compared to USD 1.99 a year ago.
For the six months, sales was USD 40,751 million compared to USD 40,168 million a year ago. Net income was USD 5,125 million compared to USD 4,680 million a year ago. Basic earnings per share from continuing operations was USD 3.73 compared to USD 3.4 a year ago. Diluted earnings per share from continuing operations was USD 3.71 compared to USD 3.38 a year ago.

Latest news about PepsiCo, Inc.

Coca-Cola to Post 'Solid' Q2 Results, UBS Says	07-16	MT
PepsiCo Europe, Yara Enter Partnership to Decarbonize Crop Nutrition	07-16	MT
SymphonyAI targets second half 2025 IPO with $500 million in revenue run rate	07-16	RE
Yara International, PepsiCo Collaborate on Crop Production Decarbonization Initiative in Europe	07-16	MT
Tasty Bite Eatables Limited Appoints Vidhu Arora as Chief Human Resource Officer (People & Organisation Director)	07-15	CI
Varun Beverages Signs Deals to Sell Simba Munchiez Snacks in Zimbabwe, Zambia	07-15	MT
PepsiCo Set to Focus on Frito Lay's Volume Trajectory in Back Half of Year, RBC Says	07-12	MT
US equity funds see outflows on caution ahead of earnings reports	07-12	RE
Barclays Trims Price Target on PepsiCo to $179 From $180	07-12	MT
Deutsche Bank Adjusts Price Target on PepsiCo to $175 From $180, Maintains Hold Rating	07-12	MT
Morgan Stanley Adjusts Price Target on PepsiCo to $185 From $190, Maintains Overweight Rating	07-12	MT
RBC Capital Adjusts Price Target on PepsiCo to $177 From $180, Keeps Sector Perform Rating	07-12	MT
JPMorgan Adjusts Price Target on PepsiCo to $182 From $184, Keeps Neutral Rating	07-12	MT
Consumer Cos Fall After Powell Testimony -- Consumer Roundup	07-11	DJ
Global stock index falls with bond yields, dollar after US inflation data	07-11	RE
Trending : PepsiCo Sees Lower Sales Volume in Latest Quarter	07-11	DJ
Conagra Brands projects lower annual sales, profit on tepid demand recovery	07-11	RE
Top Midday Stories: Bain Capital to Acquire Envestnet; Delta, Pepsi Report Q2 Earnings; Pfizer Advances Development of Weight-Loss Pill; DOE Pledges $1.7 Billion for EV	07-11	MT
Global stock index climbs while dollar falls after US inflation data	07-11	RE
Global markets live: Tesla, Citigroup, BP, Novo Nordisk, JPMorgan...	07-11
PepsiCo feels squeeze as financial pressure spreads from low-income consumers	07-11	RE
Wall Street choppy as inflation data lifts small-cap stocks	07-11	RE
PepsiCo Tempers Full-Year Organic Revenue Outlook as Quarterly Sales Miss Estimates	07-11	MT
Everything's going according to plan	07-11
Sector Update: Consumer Stocks Flat to Higher Premarket Thursday	07-11	MT

Chart PepsiCo, Inc.

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Company Profile

PepsiCo, Inc. is one of the worldwide leaders in producing non-alcoholic beverages and snacks. Net sales break down by area of activity as follows: - North America (60.8%): sale of beverages (49.7% of net sales; sodas, concentrated juices, water, tea and coffee-based beverages; Aquafina, Diet Mountain Dew, Diet Pepsi, Gatorade, Gatorade Zero, Mountain Dew, Pepsi, Propel brands, etc.), snacks (44.7%; chips, tortillas and pretzels; Lay's, Doritos, Tostitos, Cheetos, Fritos, Ruffles, etc.), and cereals (5.6%; ready-to-eat cereals, rice, wheat, etc.); - Europe (14.5%): sale of snacks (Cheetos, Chipita, Doritos, Lay's, Ruffles and Walkers brands) and beverages (7UP, Diet Pepsi, Lubimy Sad, Mirinda, Pepsi and Pepsi Max); - Latin America (12.7%): sales of snacks (Cheetos, Doritos, Emperador, Lay's, Mabel, Marias Gamesa, Ruffles, Sabritas, Saladitas and Tostitos brands) and beverages (7UP, Gatorade, H2oh!, Manzanita Sol, Mirinda, Pepsi, Pepsi Black, San Carlos and Toddy) - Asia/Pacific/Australia/New Zealand (6.7%): sale of snacks (BaiCaoWei, Cheetos, Doritos, Lay's and Smith's brands), beverages and syrups (7UP, Aquafina, Mirinda, Mountain Dew, Pepsi and Sting); - Africa/Middle East/South Asia (5.3%): sale of snacks (Chipsy, Doritos, Kurkure, Lay's, Sasko, Spekko and White Star brands) and beverages (7UP, Aquafina, Mirinda, Mountain Dew and Pepsi). Net sales are distributed geographically as follows: the United States (57%), Mexico (7.7%), Canada (4.1%), Russia (3.9%), China (3%), the United Kingdom (2.1%), Brazil (1.9%), South Africa (1.9%) and other (18.4%).

Sector

Non-Alcoholic Beverages

Calendar

2024-09-30 - Q3 2024 Earnings Release (Projected)

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S&P 500

More about the company

Income Statement Evolution

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Analysis / Opinion

INTERVIEW - PepsiCo CFO Hugh Johnston: Ozempic has no impact on sales

October 10, 2023 at 03:31 pm

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Ratings for PepsiCo, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

164.8 USD

Average target price

182.4 USD

Spread / Average Target

+10.69%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Carbonated Soft Drinks

	1st Jan change	Capi.
PEPSICO, INC.	-2.99%	226B
COCA-COLA EUROPACIFIC PARTNERS PLC	+12.13%	33.87B
COCA-COLA FEMSA, S.A.B. DE C.V.	-6.98%	18.49B
COCA-COLA FEMSA SAB DE CV	-.--%	12.72B
COCA-COLA BOTTLERS JAPAN HOLDINGS INC.	+10.40%	2.48B
OSOTSPA	+9.55%	2.01B
A.G. BARR P.L.C.	+17.35%	877M
CEYLON COLD STORES PLC	+34.67%	179M

Carbonated Soft Drinks

PepsiCo, Inc.

Equities

PEP

US7134481081

Non-Alcoholic Beverages

PepsiCo, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 15, 2024

EPS Revisions