What was PepsiCo's revenue and profit performance for the reported period?

For the 12 weeks ended September 9, 2017, PepsiCo reported net revenue of $16,240 million, an increase of 1% compared to the prior year. Operating profit grew 6% to $2,993 million. For the 36 weeks ended September 9, 2017, net revenue was $43,999 million, up 2%, and operating profit increased by 7% to $7,916 million.

How did PepsiCo's key segments perform?

Frito-Lay North America (FLNA) showed steady growth with 3% net revenue increase and 5% operating profit increase for both the 12- and 36-week periods. North America Beverages (NAB) experienced a 3% net revenue decrease in the 12-week period but was flat for the 36-week period, with operating profit down 10% and 2% respectively. Europe Sub-Saharan Africa (ESSA) was a strong performer, with net revenue up 8% and 12% for the respective periods, and operating profit up 12% and 31%.

What is the outlook for shareholder returns?

PepsiCo continues to prioritize shareholder returns. The company announced a 7.0% increase in its annualized dividend to $3.22 per share. For 2017, PepsiCo expects to return approximately $6.5 billion to shareholders through dividends and share repurchases, with $2.0 billion allocated to share repurchases and $4.5 billion to dividends.

Are there any significant charges or one-time items affecting comparability?

For the 36 weeks ended September 3, 2016, there was a $373 million impairment charge related to an investment in Tingyi-Asahi Beverages Holding Co. Ltd. (TAB), which impacted comparability. The company also incurred restructuring and impairment charges across various periods related to its multi-year productivity plan.

PEP 10-Q Quarterly Report Q3 FY2017 — Revenue, Net Income, EPS

Summary

PepsiCo, Inc. reported solid financial results for the period ending September 9, 2017. The company demonstrated growth in net revenue and operating profit for both the 12-week and 36-week periods compared to the prior year. Net income attributable to PepsiCo also saw a significant increase, reflecting effective cost management and strategic pricing initiatives across its diverse segments, including Frito-Lay North America and Europe/Sub-Saharan Africa. The company continued to return value to shareholders through dividend increases and share repurchases, underscoring its commitment to financial stewardship.

Financial Highlights

50 data points

Beta

Revenue

$16.24B

0.5% Gross Margin

Net Income

$2.14B

0.1% Net Margin

EPS (Diluted)

$1.49

Total Assets

$78.46B

Cash & Equivalents

$10.24B

Free Cash Flow

$3.84B

Financial Statements

Beta

Revenue	$16.24B
Cost of Revenue	$7.37B
Gross Profit	$8.87B
SG&A Expenses	$5.95B
Operating Income	$2.92B
Interest Expense	$269.00M
Net Income	$2.14B
EPS (Basic)	$1.50
EPS (Diluted)	$1.49
Shares Outstanding (Basic)	1.43B
Shares Outstanding (Diluted)	1.44B

Key Highlights

1Net revenue increased by 1% for the 12-week period and 2% for the 36-week period, indicating sustained top-line growth.
2Operating profit saw a healthy increase of 6% for the 12-week period and 7% for the 36-week period, demonstrating effective cost control and operational efficiency.
3Net income attributable to PepsiCo increased by 8% for the 12-week period and 13% for the 36-week period, showcasing improved profitability.
4Diluted earnings per share (EPS) grew by 9% for the 12-week period and 14% for the 36-week period, providing a positive return to shareholders.
5The Frito-Lay North America segment showed strong performance with a 3% net revenue growth and 5% operating profit growth for both periods.
6The Europe Sub-Saharan Africa (ESSA) segment reported robust net revenue growth of 8% and 12% for the 12-week and 36-week periods respectively, with operating profit growing 12% and 31%.
7PepsiCo announced a 7.0% increase in its annualized dividend, reflecting confidence in its financial health and commitment to shareholder returns.

PEPSICO INC Quarterly Report for Q3 Ended Sep 9, 2017

Summary

Financial Highlights

Key Highlights

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