PepsiCo: Reports First-Quarter 2023 Results

Purchase / NY. (pci) PepsiCo Inc. reported results for the first quarter 2023. «We are very pleased with our performance and business momentum as our categories and geographies remained resilient during the first quarter. Given our strong start to the year, we now expect our full-year 2023 organic revenue to increase 8 percent (previously 6 percent) and core constant currency EPS to increase 9 percent (previously 8 percent),» said Chairman and CEO Ramon Laguarta. «Our results demonstrate that the investments we have made to become an even Faster, even Stronger, and even Better organization by Winning with pep+ are laying the foundation for durable and sustainable growth. We remain committed to our strategic agenda and will continue to invest in our people, brands, supply chain, go-to-market systems, and digitization initiatives to build competitive advantages and win in the marketplace.» For additional information please read the Company’s PDF file below (182 KB):