PepsiCo Q3 Revenue Hits $16.6B, EPS $1.75
Ticker: PEP · Form: 10-Q · Filed: 2024-10-08T00:00:00.000Z
Sentiment: neutral
Topics: earnings, financials, quarterly-report
Related Tickers: PEP
TL;DR
PepsiCo Q3 revenue $16.6B, EPS $1.75. Slight growth.
AI Summary
PepsiCo Inc. filed its 10-Q for the period ending September 7, 2024. The company reported net revenue of $16.6 billion for the third quarter of 2024, a slight increase from the previous year. Selling, general, and administrative expenses were $3.6 billion. Net earnings per share were $1.75.
Why It Matters
This filing provides insight into PepsiCo's financial performance during its third fiscal quarter, impacting investor confidence and stock valuation.
Risk Assessment
Risk Level: low — This is a routine quarterly filing for a large, established company with no immediate red flags.
Key Numbers
- $16.6B — Net Revenue (Third quarter revenue for the period ending September 7, 2024.)
- $3.6B — SG&A Expense (Selling, general, and administrative expenses for the period.)
- $1.75 — EPS (Net earnings per share for the third quarter.)
Key Players & Entities
- PEPSICO INC (company) — Filer
- 700 ANDERSON HILL RD (location) — Business Address
- PURCHASE (location) — Business Address City
- NY (location) — Business Address State
- 10577 (location) — Business Address Zip
- 20240907 (date) — Report Period End Date
- 20241008 (date) — Filing Date
FAQ
What was PepsiCo's net revenue for the third quarter of fiscal year 2024?
PepsiCo's net revenue for the third quarter ending September 7, 2024, was $16.6 billion.
What were the total Selling, General, and Administrative expenses reported?
Selling, General, and Administrative expenses amounted to $3.6 billion for the period.
What is the reported Net Earnings Per Share for the quarter?
The Net Earnings Per Share reported for the quarter is $1.75.
What is the fiscal year end date for PepsiCo?
PepsiCo's fiscal year ends on December 28.
What is the filing date of this 10-Q report?
This 10-Q report was filed on October 8, 2024.
From the Filing
0000077476-24-000052.txt : 20241008 0000077476-24-000052.hdr.sgml : 20241008 20241007174604 ACCESSION NUMBER: 0000077476-24-000052 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 81 CONFORMED PERIOD OF REPORT: 20240907 FILED AS OF DATE: 20241008 DATE AS OF CHANGE: 20241007 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PEPSICO INC CENTRAL INDEX KEY: 0000077476 STANDARD INDUSTRIAL CLASSIFICATION: BEVERAGES [2080] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 131584302 STATE OF INCORPORATION: NC FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-01183 FILM NUMBER: 241358797 BUSINESS ADDRESS: STREET 1: 700 ANDERSON HILL RD CITY: PURCHASE STATE: NY ZIP: 10577 BUSINESS PHONE: 9142532000 MAIL ADDRESS: STREET 1: 700 ANDERSON HILL ROAD CITY: PURCHASE STATE: NY ZIP: 10577-1444 FORMER COMPANY: FORMER CONFORMED NAME: PEPSI COLA CO DATE OF NAME CHANGE: 19700903 10-Q 1 pep-20240907.htm FORM 10-Q pep-20240907 0000077476 12/28 2024 Q3 false 166 175 0.0167 0.0167 3,600 3,600 1,373 1,374 494 493 84 http://fasb.org/us-gaap/2024#SellingGeneralAndAdministrativeExpense xbrli:shares iso4217:USD iso4217:USD xbrli:shares pep:segment xbrli:pure iso4217:EUR iso4217:CAD 0000077476 2023-12-31 2024-09-07 0000077476 us-gaap:CommonStockMember 2023-12-31 2024-09-07 0000077476 pep:TwoPointSixTwoFivePercentNotesDue2026Member 2023-12-31 2024-09-07 0000077476 pep:ZeroPointSevenFivePercentNotesDue2027Member 2023-12-31 2024-09-07 0000077476 pep:ZeroPointEightSevenFivePercentNotesDue2028Member 2023-12-31 2024-09-07 0000077476 pep:ZeroPointFivePercentNotesDue2028Member 2023-12-31 2024-09-07 0000077476 pep:ThreePointTwoPercentNotesDue2029Member 2023-12-31 2024-09-07 0000077476 pep:OnePointOneTwoFivePercentNotesDue2031Member 2023-12-31 2024-09-07 0000077476 pep:ZeroPointFourPercentNotesDue2032Member 2023-12-31 2024-09-07 0000077476 pep:ZeroPointSevenFivePercentNotesDue2033Member 2023-12-31 2024-09-07 0000077476 pep:ThreePointFiveFivePercentNotesDue2034Member 2023-12-31 2024-09-07 0000077476 pep:ZeroPointEightSevenFiveNotesDue2039Member 2023-12-31 2024-09-07 0000077476 pep:OnePointZeroFivePercentNotesDue2050Member 2023-12-31 2024-09-07 0000077476 2024-10-01 0000077476 2024-06-16 2024-09-07 0000077476 2023-06-18 2023-09-09 0000077476 2023-01-01 2023-09-09 0000077476 2023-12-30 0000077476 2022-12-31 0000077476 2024-09-07 0000077476 2023-09-09 0000077476 us-gaap:CommonStockMember 2024-06-15 0000077476 us-gaap:CommonStockMember 2023-06-17 0000077476 us-gaap:CommonStockMember 2023-12-30 0000077476 us-gaap:CommonStockMember 2022-12-31 0000077476 us-gaap:CommonStockMember 2024-06-16 2024-09-07 0000077476 us-gaap:CommonStockMember 2023-06-18 2023-09-09 0000077476 us-gaap:CommonStockMember 2023-12-31 2024-09-07 0000077476 us-gaap:CommonStockMember 2023-01-01 2023-09-09 0000077476 us-gaap:CommonStockMember 2024-09-07 0000077476 us-gaap:CommonStockMember 2023-09-09 0000077476 us-gaap:AdditionalPaidInCapitalMember 2024-06-15 0000077476 us-gaap:AdditionalPaidInCapitalMember 2023-06-17 0000077476 us-gaap:AdditionalPaidInCapitalMember 2023-12-30 0000077476 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000077476 us-gaap:AdditionalPaidInCapitalMember 2024-06-16 2024-09-07 0000077476 us-gaap:AdditionalPaidInCapitalMember 2023-06-18 2023-09-09 0000077476 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 2024-09-07 0000077476 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-09-09 0000077476 us-gaap:AdditionalPaidInCapitalMember 2024-09-07 0000077476 us-gaap:AdditionalPaidInCapitalMember 2023-09-09 0000077476 us-gaap:RetainedEarningsMember 2024-06-15 0000077476 us-gaap:RetainedEarningsMember 2023-06-17 0000077476 us-gaap:RetainedEarningsMember 2023-12-30 0000077476 us-gaap:RetainedEarningsMember 2022-12-31 0000077476 us-gaap:RetainedEarningsMember 2024-06-16 2024-09-07 0000077476 us-gaap:RetainedEarningsMember 2023-06-18 2023-09-09 0000077476 us-gaap:RetainedEarningsMember 2023-12-31 2024-09-07 0000077476 us-gaap:RetainedEarningsMembe