🔹 Core EPS: $1.48 (Est. $1.49) 🔴; DOWN -4% YoY
🔹 Revenue: $17.92B (Est. $17.78B) 🟢
🔹 Organic Revenue Growth: +1.2% YoY
FY'25 Guide:
🔹 Core Constant Currency EPS: Flat vs. FY24 (Previously: Mid-single-digit growth) 🔴
🔹 Organic Revenue Growth: Low-single-digit increase
🔹 Core Effective Tax Rate: ~20%
🔹 Cash Return to Shareholders: $8.6B (Dividends $7.6B + Buybacks $1.0B)
🔹 FX Headwind: ~3pp expected on Revenue and EPS growth
🔸 Guidance implies ~3% decline in core EPS for 2025 vs. $8.16 in 2024
Segment Revenue:
🔹 Foods North America (PFNA): Organic Revenue DOWN -2%, Volume -1%
🔹 Beverages North America (PBNA): Organic Revenue +1%, Volume -3%
🔹 International Beverages Franchise (IB): Organic Revenue +7%, Volume +3%
🔹 EMEA: Organic Revenue +8%, Volume -4%
🔹 Latin America Foods: Organic Revenue +3%, Volume Flat
🔹 Asia Pacific Foods: Organic Revenue -1%, Volume +3%
Operating Profit (Core Constant Currency YoY Change):
🔹 PFNA: DOWN -7%
🔹 PBNA: UP +14%
🔹 IB Franchise: UP +12%
🔹 EMEA: UP +13%
🔹 LatAm Foods: DOWN -2%
🔹 Asia Pacific Foods: DOWN -6%
🔹 Foreign Exchange Impact on Total Revenue: -3pp