PEP
PepsiCo Inc
Q4 2024 Report
PepsiCo Inc (PEP) Q4 2024 Results: Navigating through Growth Challenges and Strategic Reinvestment...
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Executive Summary
PepsiCo Inc (PEP) delivered robust financial results in Q2 2024, showcasing a revenue growth of 23% compared to the previous quarter, amounting to $22.5 billion. Despite a challenging consumer environment in the U.S., the company navigated complexities by optimizing its product offerings and enhancing customer engagement strategies. Management expressed confidence in achieving mid-single digits organic sales growth for the second half of the year, backed by successful supply chain adjustments and consistent international performance. The company’s net income increased by 51% quarter-over-quarter to $3.08 billion, demonstrating resilience amidst economic pressures, particularly in its Frito-Lay and beverage segments.
Key Performance Indicators
Revenue
22.50B
QoQ: 23.29% | YoY:0.80%
Gross Profit
12.58B
55.92% margin
QoQ: 25.79% | YoY:3.12%
Operating Income
4.05B
QoQ: 48.99% | YoY:10.63%
Net Income
3.08B
QoQ: 50.98% | YoY:12.19%
EPS
2.24
QoQ: 50.34% | YoY:12.56%
Revenue Trend
Margin Analysis
Key Insights
- **Q2 2024 Revenue:** $22.5 billion, up 23.29% QoQ and 0.80% YoY.
- **Gross Profit:** $12.58 billion, translating to a gross profit margin of 55.92%.
- **Operating Income:** Grew 48.99% QoQ to $4.05 billion, highlighting strong operational efficiency.
- **EBITDA Margin:** 22.19% with EBITDA standing at $4.99 billion.
- **Net Income:** $3.08 billion with a net profit margin of 13.73%, reflecting a 50.98% increase from the previous quarter.