PepsiCo, Inc. (NASDAQ: PEP) reported its first quarter 2025 earnings results today.
Net revenue decreased 1.8% year-over-year to $17.9 billion. Organic revenue growth was 1.2%.
Net income attributable to PepsiCo was $1.8 billion, or $1.33 per share, compared to $2 billion, or $1.48 per share, last year. Core EPS was also $1.48.
Revenue beat estimates while earnings missed.
For 2025, the company expects a low-single-digit increase in organic revenue and a 3% decline in core EPS.
The stock stayed red in premarket hours on Thursday.