PepsiCo 2021 Quarterly Earnings Report

PepsiCo, the company behind popular brands such as Pepsi, Gatorade and Quaker Oats, released its second quarter results — numbers for the period April to June 2021. Here are a few key points you may find interesting.

The company made $19.2 billion in revenue, a 17% increase from the $15.9 billion it made in the same period last year. 55.7% of its revenue is from 2 units: PepsiCo North America and Fritolay North America.

Here is an even more interesting fact. 44.2% or $1.3 billion of the company’s operating profit came from Fritolay North America.

Operating profit is the profit made by a company’s core business operations after deducting tax.

While it is popular for its beverages, the profit drivers are from its chips and snacks.

Year-to-date (that is, from January 2, 2021 to July 16, 2021), PepsiCo shares have gained 8%.

Not bad. However, it is done less compared to the NASDAQ index and the S&P 500 index. Those are up 13.61% and 16.93% respectively.

https://www.tradingview.com/symbols/NASDAQ-PEP/components/

https://www.fritolay.com/sites/fritolay.com/themes/fritolay/pdf/FLNA_Fact_Sheet_8-30-19.pdf

https://investors.pepsico.com/docs/album/investors/q2-2021/q2-2021-prepared-management-remarks_4sr4v9m7falkmevr.pdf

https://investors.pepsico.com/docs/album/investors/q2-2021/q2-2021-pep_transcript_4qc1o6udy8lz1st6.pdf

https://investors.pepsico.com/docs/album/investors/q2-2021/q2-2021-earnings-release_szadjkp1vmp90fid.pdf

Africa numbers are merged with the Middle East and Asia. All together, they accounted for 8.3% or $1.6 billion of the company’s revenue.

However, this unit was the fastest in terms of growth in operating profit. It grew by 333% year-on-year from $59 million in 2020 to $256 million.