PepsiCo Non-GAAP EPS of $2.09 beats by $0.13, revenue of $22.32B beats by $590M
PepsiCo press release (NASDAQ:PEP): Q2 Non-GAAP EPS of $2.09  beats by $0.13.
Revenue of $22.32B (+10.3% Y/Y)  beats by $590M.
For fiscal year 2023, the company now expects to deliver 10 percent organic revenue growth (previously 8 percent), and 12 percent core constant currency EPS growth (previously 9 percent). Core EPS of $7.47 (previously $7.27), a 10 percent increase (previously 7 percent) compared to 2022 core EPS of $6.79 vs. consensus of $7.32.

CEO comment: âOur strong performance and the progress we are making on our strategic priorities give us confidence that the investments we are making to become an even Faster, even Stronger, and even Better organization by Winning with pep+ are working. Moving forward, we will look to elevate our focus on productivity initiatives to further support investments in innovation, brand building, digitalization, and sustainability to win in the marketplace and fortify our businesses for the long-term.â