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Sep 03, 2022
PepsiCo Q3 2022 Earnings Report
PepsiCo's Q3 2022 results were reported, demonstrating strong global business momentum and leading to an increased full-year guidance.
Key Takeaways
PepsiCo reported strong Q3 2022 results with organic revenue growth of 16.0%. The company raised its full-year organic revenue growth expectation to 12% and core constant currency EPS growth to 10%.
Global business momentum remains strong.
Full-year organic revenue is now expected to increase 12 percent.
Core constant currency earnings per share are now expected to increase 10 percent.
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PepsiCo
PepsiCo
PepsiCo Revenue by Segment
Revenue by Segment
Frito-Lay NA Revenue
CapyFin.comPBNA Revenue
CapyFin.comEurope, Middle East & Africa Revenue
CapyFin.comLatin America Foods Revenue
CapyFin.comAsia Pacific Foods Revenue
CapyFin.com Forward Guidance
For fiscal year 2022, the Company now expects to deliver 12 percent organic revenue growth (previously 10 percent), and 10 percent core constant currency EPS growth (previously 8 percent).
Positive Outlook
- Core annual effective tax rate of 20 percent.
- Total cash returns to shareholders of approximately $7.7 billion, comprised of dividends of $6.2 billion and share repurchases of $1.5 billion.
- Approximate 2.5-percentage-point foreign exchange translation headwind to impact reported net revenue and core EPS growth based on current market consensus rates.
- Implies 2022 core EPS of approximately $6.73 (previously $6.63).
- Approximately 7.5 percent increase compared to 2021 core EPS of $6.26.
Revenue & Expenses
Visualization of income flow from segment revenue to net income