
PepsiCo Revenue Climbs 6% to $91.5B Amid Pricing Power and Volume Challenges
PepsiCo, Inc.Description
What this story covers
PepsiCo's 2023 10-K reveals 91 point 5 billion dollars revenue, up 6 percent via 13 percent pricing gains offsetting 3 percent volume dips amid inflation and conflicts. Operating profit rose 4 percent to 12 billion dollars; segments varied, with strong LatAm growth and Europe turnaround. Cash flow hit 13 point 4 billion dollars, funding 5 point 3 billion dollars capex, 6 point 7 billion dollars dividends. pep+ sustainability drives long-term strategy; impairments totaled 0 point 9 billion dollars. Robust liquidity with 9 point 7 billion dollars cash supports returns.
Story snapshot
CompanyPepsiCo, Inc.
TickerPEP
VariantStandard detailed
Duration11:00
Filing type10-K
PeriodAnnual 2023
IndustryConsumer Goods
Accession0000077476-24-000008
Full Story Script
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