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Jun 12, 2021
PepsiCo Q2 2021 Earnings Report
Reported strong second quarter results with double-digit net revenue and earnings per share growth.
Key Takeaways
PepsiCo reported strong Q2 2021 results with double-digit net revenue and EPS growth. The company has raised its full-year organic revenue growth to 6% and core constant currency EPS growth to 11%.
Delivered very strong double-digit net revenue and earnings per share growth.
Full year organic revenue is expected to increase 6 percent.
Core constant currency earnings per share is expected to increase 11 percent.
Investments behind the Faster, Stronger and Better framework are working.
Forward Guidance
The Company now expects to deliver 6 percent organic revenue growth and 11 percent core constant currency EPS growth for fiscal year 2021.
Positive Outlook
- Expects to deliver 6 percent organic revenue growth.
- Expects core annual effective tax rate of approximately 21 percent.
- Expects total cash returns to shareholders of approximately $5.9 billion.
- Expects dividends of approximately $5.8 billion.
- Expects core EPS of approximately $6.20, a 12 percent increase compared to 2020 core EPS of $5.52.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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