PepsiCo, Inc.(NASDAQ: PEP) reported fourth quarter 2022 earnings results today.
Net revenue grew 11% year-over-year to $28 billion. Organic revenue growth was 14.6%.
Net income attributable to PepsiCo was $518 million, or $0.37 per share, compared to $1.32 billion, or $0.95 per share, last year. Core EPS amounted to $1.67.
Both revenue and earnings beat expectations.
For FY2023, the company expects organic revenue to grow 6%.
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