PepsiCo: Reports Fourth Quarter 2019 Results

Purchase / NY. (pci) PepsiCo Inc. reported results for the fourth quarter and full-year 2019. «We are pleased with our performance for 2019 as we met or exceeded each of the financial goals we outlined at the beginning of the year. Our revenue growth accelerated for the full year as we embarked on our strategy to win with purpose by becoming Faster, Stronger, and Better. We increased brand support to become more locally relevant and consumer-centric, we strengthened our go-to-market execution to enhance our customer relationships, and we embraced a new set of initiatives to help build a more sustainable food system,» said Chairman and CEO Ramon Laguarta.

«For 2020, we expect to deliver four percent organic revenue growth and seven percent core constant currency EPS growth. We will continue to invest in our business and strive to develop advantaged capabilities that will fortify our business for the long-term.» For further details please read PepsiCo’s PDF file below (254 KB).