WTF is Wrong with you PEPSICO?

[RPM 26068]

 

 

[orange dream 1198]

Maybe it's because PEPSI SUCKS!!

 

Edited 14 hours ago by orange dream

[Royalfan5 2196]

Dr. Pepper just took second place away this year, so it shows our country is slowly learning. 

[Incredulity 11130]

The consumer is stressed, retailers are consolidating, volume is down….time to get efficient 

[Deej 76052]

[bolverk 28853]

Wrong thread

Edited 9 hours ago by bolverk

[Blotto 23221]

3 hours ago, Incredulity said:

The consumer is stressed, retailers are consolidating, volume is down….time to get efficient 

	Dec-19	Dec-20	Dec-21	Dec-22	Dec-23	TTM
Total Revenues	67,161.00	70,372.00	79,474.00	86,392.00	91,471.00	91,920.00
Operating Income	10,719.00	10,931.00	11,858.00	12,252.00	13,539.00	13,979.00
Gross Profit	37,178.00	38,637.00	42,428.00	46,050.00	49,603.00	50,448.00
Net Income	7,314.00	7,120.00	7,618.00	8,910.00	9,074.00	9,357.00

 

TTM includes their October earnings. Looks like record revenue, operating income and net income to me. But if those metrics start to fall, the execs don't max out their bonuses so I guess its best to close a few plants and fire some people. Guess you cant price gouge forever.

Edited 9 hours ago by Blotto

[Incredulity 11130]

2 minutes ago, Blotto said:

	Dec-19	Dec-20	Dec-21	Dec-22	Dec-23	TTM
Total Revenues	67,161.00	70,372.00	79,474.00	86,392.00	91,471.00	91,920.00
Operating Income	10,719.00	10,931.00	11,858.00	12,252.00	13,539.00	13,979.00
Gross Profit	37,178.00	38,637.00	42,428.00	46,050.00	49,603.00	50,448.00
Net Income	7,314.00	7,120.00	7,618.00	8,910.00	9,074.00	9,357.00

 

TTM includes their October earnings. Looks like record revenue, operating income and net income to me. But if those metrics start to fall, the execs don't max out their bonuses so I guess its best to close a few plants and fire some people. 

I was thinking they were actually down on revenue last quarter.  Flat, but missed expectations.  There has been a lot of chatter about their sales lagging in recent months.

 

Food and beverage company PepsiCo (NASDAQ:PEP) missed Wall Street's revenue expectations in Q3 CY2024, with sales flat year on year at $23.32 billion.

[Blotto 23221]

1 minute ago, Incredulity said:

I was thinking they were actually down on revenue last quarter.  Flat, but missed expectations.  There has been a lot of chatter about their sales lagging in recent months.

 

Food and beverage company PepsiCo (NASDAQ:PEP) missed Wall Street's revenue expectations in Q3 CY2024, with sales flat year on year at $23.32 billion.

That proves my point. They are still plenty profitable. In fact 22% more profitable than they were 3 years ago. But because wall street made up a number that they needed to hit in order for the C Suite to get paid fully, they decide to layoff people. They know they cant continue to price gouge.

I dont pretend to know the intricacies of Pepsi's business, but its a decision that reeks of bullshit, and is typical of how most of corporate america is run today. Profits over the well being of its own  employees. 

[Iceman 2572]

20 minutes ago, Blotto said:

	Dec-19	Dec-20	Dec-21	Dec-22	Dec-23	TTM
Total Revenues	67,161.00	70,372.00	79,474.00	86,392.00	91,471.00	91,920.00
Operating Income	10,719.00	10,931.00	11,858.00	12,252.00	13,539.00	13,979.00
Gross Profit	37,178.00	38,637.00	42,428.00	46,050.00	49,603.00	50,448.00
Net Income	7,314.00	7,120.00	7,618.00	8,910.00	9,074.00	9,357.00

 

TTM includes their October earnings. Looks like record revenue, operating income and net income to me. But if those metrics start to fall, the execs don't max out their bonuses so I guess its best to close a few plants and fire some people. Guess you cant price gouge forever.

Keep in mind Pepsico is Gatorade, Tropicana,  Quaker Oats, Frito Lay, in addition to Pepsi Bottling.  The plant in question is Pepsi, and CSD( Carbonated Soft Drinks) are eroding share of the drink market, bigtime.  Dig into the Earnings statement for 2023, I'm not gonna explain everything here, but CSDs are not as profitable as one might think.

A quaker Plant was also shut down this year.  Not sure why that is "mean ole pepsico," when it's just business at work.

Those numbers you posted don't have anything to do with what a shitshow 2024 has been, relative to prior years.

Edited 9 hours ago by Iceman

[Parliament 13978]

So long as it doesn’t affect Mt. Dew.