PepsiCo: Reports Q4 and Full-Year 2020 Results

Purchase / NY. (pci) PepsiCo Inc. reported results for the fourth quarter and full-year 2020. «We ended the year on a strong note with our global beverage business having accelerated while our global snacks and food business remained resilient in the fourth quarter. Our results were indicative of the strength and resilience of our highly dedicated employees, diversified portfolio, agile supply chain and go-to-market systems and strong marketplace execution even in the face of difficult COVID-19 challenges,» said Chairman and CEO Ramon Laguarta.

«Moving forward, we remain committed to supporting our employees, customers and communities. In addition, we will continue to focus on winning in the marketplace and investing to build competitive advantages that will enable us to become an even Faster, Stronger and Better organization.»

«For 2021, we are planning for our organic revenue and core constant currency EPS growth to be consistent with our long-term objectives. We have also announced a 5 percent increase in our annualized dividend, starting with the June 2021 dividend payment.»

For additional information please read Restaurant Brands International’s PDF file below (338 KB):

20210215-PEPSICO-Q4-2020.