Consumer Staples
Beverages - Non-Alcoholic
$217.59B
318K
Key insights and themes extracted from this filing
Net revenue increased by 1% year-over-year for the 12 weeks ended June 15, 2024, and 1.5% for the 24 weeks ended June 15, 2024, primarily due to effective net pricing, partially offset by a decline in organic volume.
Operating profit increased 11% for the 12 weeks ended June 15, 2024 and 8% for the 24 weeks ended June 15, 2024, driven by effective net pricing and productivity savings, partially offset by cost increases and a decline in organic volume.
Net income attributable to PepsiCo increased 12% for the 12 weeks ended June 15, 2024, and 10% for the 24 weeks ended June 15, 2024, reflecting the operating profit growth and a decrease in the tax rate.