8-KEarnings & ResultsLeadership ChangesExhibits & Filings

PEPSICO INC 8-K Report, Financial Results (Oct 8, 2024)

Filed October 8, 2024For Securities:PEP

Summary

PepsiCo, Inc. (PEP) has filed an 8-K report with the SEC, primarily reporting its financial results for the 12 and 36 weeks ended September 7, 2024, as detailed in an attached press release (Exhibit 99.1). This release provides the company's operational and financial condition update. Additionally, the report discloses the upcoming retirement of Senior Vice President and Controller (Principal Accounting Officer), Marie T. Gallagher, effective May 3, 2025. The company has stated that Ms. Gallagher's departure is not due to any disagreements regarding accounting matters, financial disclosures, or internal controls.

Key Highlights

  • 1PepsiCo reported financial results for the 12 and 36 weeks ended September 7, 2024.
  • 2The financial results are detailed in a press release filed as Exhibit 99.1 to the 8-K.
  • 3Senior Vice President and Controller, Marie T. Gallagher, announced her intention to retire.
  • 4Ms. Gallagher's retirement is effective on May 3, 2025.
  • 5The company clarified that Ms. Gallagher's retirement is not related to any disputes concerning accounting principles, financial statement disclosures, or internal controls.
  • 6The press release regarding financial results is furnished, not deemed filed, under Section 18 of the Exchange Act.

Frequently Asked Questions

This 8-K filing primarily directs investors to a press release (Exhibit 99.1) which contains PepsiCo's financial results for the 12 and 36 weeks ended September 7, 2024. Specific financial performance metrics would be found within that press release.

Marie T. Gallagher is PepsiCo's Senior Vice President and Controller, holding the position of Principal Accounting Officer. She is responsible for overseeing the company's accounting operations and financial reporting.

Ms. Gallagher's retirement is scheduled to be effective on May 3, 2025. PepsiCo explicitly stated that her retirement is amicable and not a result of any disagreements concerning accounting practices, financial reporting, or internal controls.

The detailed financial results for the 12 and 36 weeks ended September 7, 2024, are provided in the press release attached as Exhibit 99.1 to this 8-K filing.