Feed - Buzzberg

08:15
Jul 09 ◎

PEP FY2026 Q2 Watch

PepsiCo, Inc. (PEP) FY2026 Q2 Earnings Call

PEP ▾

Ramon Laguarta

Management reaffirmed full-year guidance but softened their North America outlook, citing weaker consumer trends due to gas price inflation and slower-than-expected volume recovery. They expect EPS to land near the low end of the range.

"We continue to have a line of sight to the low end of our long-term 4 to 6 in the second half of the year."

PEP WATCH

HIGH

08:15
Apr 16 ◎

PEP FY2026 Q1 Watch

PepsiCo, Inc. (PEP) FY2026 Q1 Earnings Call

CELH PEP SBUX CAG K ▾

Ramon Laguarta

PepsiCo's stake and distribution partnership with Celsius is helping it gain share in the energy category, a positive signal for Celsius's market position.

"We see ourselves participating in the energy portfolio through our Celsius investment and our distribution of Celsius. That's gaining share."

CELH WATCH

Steve Schmidt

Management maintained full-year organic revenue growth guidance of 2-4% and expressed confidence in sequential improvement, but did not raise the range, reflecting a neutral tone despite positive operational momentum.

"Really no change in the guidance from the top line standpoint. We guided two to four in the upper end of that in the towards the back half of the year"

PEP WATCH

Ramon Laguarta

PepsiCo plans to use new Starbucks-branded innovation to accelerate its coffee business, indicating ongoing collaboration and investment in the partnership.

"Some of the innovation that we have in the Starbucks portfolio is intended to do that."

SBUX WATCH

Ramon Laguarta

PepsiCo has built supply chain redundancy with multiple sourcing points and 6-12 month hedging, giving it a competitive advantage over smaller rivals in times of disruption. — If supply-chain stress persists, PepsiCo can better maintain service levels and market share while competitors may face stock-outs or higher costs.

"We've built a lot of redundancy in terms of our key materials and multiple supply points for our key materials. So that's given us an advantage"

CAG WATCH K WATCH MDLZ WATCH

HIGH

08:15
Feb 03 ◎

PEP FY2025 Q4 Watch

PepsiCo, Inc. (PEP) FY2025 Q4 Earnings Call

PEP CELH ▾

Ramon Laguarta

Management is optimistic about the coming year, planning affordability investments, innovation, and shelf-space gains to drive volume recovery and margin expansion in North America, funded by productivity.

"We expect Frito-Lay to grow volume, net revenue, and operating margin this year."

PEP WATCH

Ramon Laguarta

PepsiCo's distribution partnership with Celsius is driving growth, and the integration of the Alani Nu brand (acquired by Celsius) is tracking well, indicating healthy performance in the energy drink category for both parties.

"The Celsius brand continues to grow. And the introduction or the integration of the Alani new portfolio into our business has been pretty positive so far."

CELH WATCH

HIGH

08:15
Oct 09 ◎

PEP FY2025 Q3 Watch

PepsiCo, Inc. (PEP) FY2025 Q3 Earnings Call

PEP SBUX YUM ▾

Ramon Laguarta

Management is confident in a return to long-term top-line growth algorithm in FY2026, driven by brand relaunches, innovation, and cost restructuring.

"we see a clear line of sight to going back to algorithms throughout 26. Is it Q3? Is it Q4? We'll see. But clearly..."

PEP WATCH

Ramon Laguarta

PepsiCo is collaborating with Starbucks on protein-focused innovation, likely targeting the morning occasion.

"So there, a lot of innovation on protein, the relaunch of muscle milk. a Starbucks and protein. We know in the morning consumers are looking for protein as well."

SBUX WATCH

Ramon Laguarta

PepsiCo highlights the success of Baja Blast at Taco Bell, implying strong channel demand and a valuable partnership.

"Baja Blast is a very solid platform, a billion dollars in retail value when you include both our sales and Taco Bell sales."

YUM WATCH

HIGH

Feed — Buzzberg