PEPSICO INC

Pepsico Inc.

Beverages - Non-Alcoholic Consumer Defensive Purchase, NY, United States PEP (NMS)
Quarter: Q4 2025 Reported: October 9, 2025 Sentiment: Positive

PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region. It provides dips, cheese-flavored snacks, and spreads, as well as corn, potato, and tortilla chips; cereals, rice, pasta, mixes and syrups, granola bars, grits, oatmeal, rice cakes, and side dishes; beverage concentrates, fountain syrups, and finished goods; ready-to-drink tea, coffee, and juices; dairy products; and sparkling water makers and related products, as well as distributes alcoholic beverages under Hard MTN Dew brand. The company offers its products primarily under the Lay's, Doritos, Fritos, Tostitos, BaiCaoWei, Cheetos, Cap'n Crunch, Life, Pearl Milling Company, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, Rice-A-Roni, Aquafina, Bubly, Emperador, Diet Mountain Dew, Diet Pepsi, Gatorade Zero, Crush, Propel, Dr Pepper, Schweppes, Marias Gamesa, Ruffles, Sabritas, Saladitas, Tostitos, 7UP, Diet 7UP, H2oh!, Manzanita Sol, Mirinda, Pepsi Black, Pepsi Max, San Carlos, Toddy, Walkers, Chipsy, Kurkure, Sasko, Spekko, White Star, Smith's, Sting, SodaStream, Lubimyj Sad, Agusha, Chudo, Domik v Derevne, Lipton, and other brands. It serves wholesale and other distributors, foodservice customers, grocery stores, drug stores, convenience stores, discount/dollar stores, mass merchandisers, membership stores, hard discounters, e-commerce retailers and authorized independent bottlers, and others through a network of direct-store-delivery, customer warehouse, and distributor networks, as well as directly to consumers through e-commerce platforms and retailers. The company was founded in 1898 and is based in Purchase, New York.

Analysis Summary

PepsiCo's latest announcement primarily details significant leadership transitions rather than financial performance, as the Q4 2025 financial results were referenced in an external press release (Exhibit 99.1) not included in this filing. The most prominent development is the appointment of Stephen Schmitt as the new Executive Vice President and Chief Financial Officer, effective November 10, 2025. Mr. Schmitt joins PepsiCo from Walmart U.S., where he held various senior financial roles, including CFO for Walmart U.S. and Walmart U.S. eCommerce, demonstrating a strong background in managing large-scale, omni-channel financial operations. His compensation package is robust, including a $900,000 annual base salary, a 150% annual incentive target, a $3.5 million sign-on bonus, and substantial long-term incentive and restricted stock unit grants totaling $12 million, underscoring PepsiCo's commitment to attracting top-tier talent.

This appointment initiates a structured transition, with current CFO Jamie Caulfield retiring but remaining with the company until May 15, 2026, to ensure a seamless handover of responsibilities. This planned succession minimizes potential disruption and maintains financial continuity. Furthermore, Darren Walker will retire from the Board of Directors, effective November 19, 2025, citing a desire to pursue other professional opportunities, with no disagreements reported regarding company operations or policies. The strategic focus appears to be on reinforcing executive leadership and ensuring robust financial stewardship, positioning the company for future challenges and growth, even as specific performance metrics for Q4 2025 remain undisclosed in this particular filing. The lack of financial data in this specific document, however, limits a comprehensive analysis of the company's operational performance and competitive positioning for the quarter.

Key Highlights

  • Stephen Schmitt appointed Executive Vice President and Chief Financial Officer, effective November 10, 2025.
  • Mr. Schmitt brings extensive experience from Walmart U.S., including CFO roles across various segments.
  • Outgoing CFO Jamie Caulfield will retire, with a structured transition period until May 15, 2026.
  • Darren Walker will retire from the Board of Directors, effective November 19, 2025, citing other professional opportunities.
  • New CFO compensation package includes a $900,000 base salary, 150% annual incentive target, and significant sign-on and equity grants.
  • The company referenced a press release dated October 9, 2025, for Q4 2025 financial results, which was not included in this filing.

Financial Metrics

eps
revenue
guidance
net income

Stock Performance (90 Days)

Data through Dec 30, 2025

Positive Signals

  • Appointment of a highly experienced CFO from a major retail organization (Walmart U.S.).
  • Structured transition plan for the outgoing CFO, ensuring continuity and minimizing disruption.
  • Competitive compensation package designed to attract and retain top-tier financial talent.
  • Board retirement is amicable and for personal reasons, not due to disagreements with company operations.

Risks & Concerns

  • Absence of detailed Q4 2025 financial results in the provided filing limits comprehensive performance analysis.
  • Potential for disruption during the CFO transition period, despite a structured plan.
  • Integration challenges for the new CFO in a large, complex global organization.
  • General market and economic uncertainties that could impact future performance, not explicitly mentioned but always present.

Full Transcript

Recent Pepsico Inc. News

Stock Price

$143.97
PEP· NMS
-0.19% day

Company Info

Industry
Beverages - Non-Alcoholic
Sector
Consumer Defensive
Headquarters
Purchase, NY, United States
CEO
Mr. Ramon Luis Laguarta
Employees
319,000
View Company Profile

Layoff Stats

Layoff Events
0
Total Affected
0

Recent Layoffs

No canonical layoff events recorded for this company.

Financials

Market Cap $197.48B
Revenue $92.37B
Profit Margin 7.8%
Cash $8.66B
Debt $50.85B