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PepsiCo logoPepsiCo PEP

PepsiCo said it realigned some of its reportable segments beginning in Q1 2025, in line with changes in how its organizational structure and how its Chief Executive Officer reviews segment performance and allocates resources.

8-KRegulation FD DisclosureFiled Period of report Summary published (UTC)

Key points

AI summary
  1. PepsiCo said it realigned some of its reportable segments beginning in Q1 2025, in line with changes in how its organizational structure and how its Chief Executive Officer reviews segment performance and allocates resources.

  2. PepsiCo said it will now report Frito-Lay North America and Quaker Foods North America together as PepsiCo Foods North America. There is no change to the PepsiCo Beverages North America segment.

  3. The company said it realigned its international food business into three segments: Latin America Foods, EMEA and Asia Pacific Foods. It said it will report its international franchise beverage business as International Beverages Franchise and its international company-owned bottling business in the EMEA segment.

  4. The company said the 8-K only recasts prior segment reporting and does not restate or recast any previously reported consolidated financial statements for any period. The recast information includes segment information for fiscal 2023.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Segment realignment beginning in Q1 2025

PepsiCo said it realigned some of its reportable segments beginning in Q1 2025, in line with changes in how its organizational structure and how its Chief Executive Officer reviews segment performance and allocates resources.

Source · Based on the filing body and exhibits

Combined North America food reporting

PepsiCo said it will now report Frito-Lay North America and Quaker Foods North America together as PepsiCo Foods North America. There is no change to the PepsiCo Beverages North America segment.

Source · Based on the filing body and exhibits

International food realigned into 3 segments, beverage segment realigned

The company said it realigned its international food business into three segments: Latin America Foods, EMEA and Asia Pacific Foods. It said it will report its international franchise beverage business as International Beverages Franchise and its international company-owned bottling business in the EMEA segment.

Source · Based on the filing body and exhibits

Prior segment data recast, no restatement of financial statements

The company said the 8-K only recasts prior segment reporting and does not restate or recast any previously reported consolidated financial statements for any period. The recast information includes segment information for fiscal 2023.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.