PepsiCo Announces Timing of Third Quarter Earnings Release and Investor Call
— --Core1 EPS $0.77, up 12 percent. Reported EPS $0.69, a decline of 3 percent reflecting the impact of the devaluation of net monetary assets in Venezuela
— --Organic1 revenue grew 4.4 percent. Reported net revenue increased 1 percent reflecting the impacts of foreign currency translation and structural changes
— --Core operating margin expanded 80 basis points. Reported operating margin declined 70 basis points reflecting the Venezuela devaluation
— --Company expects to return approximately $6.4 billion to shareholders through dividends and share repurchases in 2013
— --Company reaffirms 7 percent core constant currency1 EPS growth guidance for 2013
PURCHASE, N.Y., Aug. 30, 2012 /PRNewswire/ -- PepsiCo, Inc. (NYSE: PEP) today announced that its third-quarter 2012 earnings conference call and slide presentation for financial analysts and investors will be webcast on Wednesday, October 17th at 8 a.m. Eastern Daylight Time (EDT).
The company will issue its financial results at approximately 7 a.m. EDT that morning.
The live webcast and accompanying slide presentation will be accessible through PepsiCo's website at www.pepsico.com, in the "Investors" section under "Investor Presentations."
PepsiCo is a global food and beverage leader with net revenues of more than $65 billion and a product portfolio that includes 22 brands that generate more than $1 billion each in annual retail sales. Our main businesses – Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola – make hundreds of enjoyable foods and beverages that are loved throughout the world. PepsiCo's people are united by our unique commitment to sustainable growth by investing in a healthier future for people and our planet, which we believe also means a more successful future for PepsiCo. We call this commitment Performance with Purpose: PepsiCo's promise to provide a wide range of foods and beverages for local tastes; to find innovative ways to minimize our impact on the environment by conserving energy and water and reducing packaging volume; to provide a great workplace for our associates; and to respect, support and invest in the local communities where we operate. For more information, please visit www.pepsico.com.