PepsiCo Grows 9.3% in First Quarter

PepsiCo disclosed its first-quarter financial results for 2022. According to the reported data, the company achieved 9.3% growth in net revenues during the first quarter. PepsiCo, counted among the world's largest food and beverage companies, shared its first-quarter balance sheet figures for 2022. Data disclosed by the company showed that the company achieved strong results and generated 9.3% growth in the first quarter of 2022.

PepsiCo Chairman and CEO Ramon Laguarta Made Statements

PepsiCo Chairman and CEO Ramon Laguarta commented on the first-quarter 2022 data. Laguarta expressed that they were highly satisfied with the growth figures achieved in the first quarter of the year. Laguarta stated, "As PepsiCo, we maintained the resilience of our global snacking, food and beverage business in the first quarter of this year, just as we did last year. Although recovery has not been uniform across many of our markets worldwide, we managed to overcome all these challenging effects."

"We Will Continue Our Growth by Becoming a Faster, Stronger and Better Organization"

Ramon Laguarta, emphasizing that the growth achieved in the first quarter is highly significant for 2022 year-end results, said: "Our results demonstrate the strength and resilience of our highly dedicated employees, diversified portfolio, agile supply chain and market-facing systems, as well as how strong our market practices are. With our strategy centered on pep+ (PepsiCo Positive), we will continue our growth by becoming a Faster, Stronger and Better organization. Following our first-quarter results, our confidence in achieving our financial forecasts for the full year has increased further."