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Revenue for the fourth quarter rose to $27.78 billion, representing a 0.2 per cent increase in 2024
PepsiCo reported a total net revenue of $91.8 billion, reflecting a 0.41 per cent increase. Additionally, revenue for the fourth quarter rose to $27.78 billion, representing a 0.2 per cent increase in 2024.
Chairman and CEO Ramon Laguarta highlighted the company’s resilience amid challenges such as sluggish performance in North America, a recall in the Quaker Foods division, and geopolitical disruptions. He attributed the company’s success to multiyear productivity initiatives that helped improve gross margin and earnings per share (EPS).
For 2025, Laguarta noted plans to expand internationally and enhance North American performance, with expectations of low-single-digit organic revenue growth and mid-single-digit core constant currency EPS growth. PepsiCo also announced a 5 per cent increase in its annualised dividend per share, starting with the June 2025 payment.
Operating profit grew by 38 per cent due to revenue growth and productivity savings but faced pressure from higher commodity costs and unfavourable foreign exchange impacts.
In the Asia-Pacific and Oceania region, operating profit surged by 284 per cent, driven by productivity savings, volume growth, and lower commodity costs, though gains were offset by unfavourable net pricing and increased operating costs.