PepsiCo, Inc. (PEP) Q2 2026 Earnings Call Transcript

SA Transcripts 161.01K Followers Follow 5 Share Save Comments PepsiCo, Inc. ( PEP ) Q2 2026 Earnings Call July 9, 2026 8:15 AM EDT Company Participants Ravi Pamnani - Senior Vice President of Investor Relations Ramon Laguarta - Chairman & CEO Stephen Schmitt - Executive Vice President & CFO Conference Call Participants Bonnie Herzog - Goldman Sachs Group, Inc., Research Division Filippo Falorni - Citigroup Inc., Research Division Dara Mohsenian - Morgan Stanley, Research Division Andrea Teixeira - JPMorgan Chase & Co, Research Division Kevin Grundy - BNP Paribas, Research Division Peter Grom - UBS Investment Bank, Research Division Lauren Lieberman - Barclays Bank PLC, Research Division Michael Lavery - Piper Sandler & Co., Research Division Stephen Robert Powers - Deutsche Bank AG, Research Division Peter Galbo - BofA Securities, Research Division Robert Ottenstein - Evercore ISI Institutional Equities, Research Division Robert Moskow - TD Cowen, Research Division Christopher Carey - Wells Fargo Securities, LLC, Research Division Kaumil Gajrawala - Jefferies LLC, Research Division Presentation Operator Good morning, and welcome to PepsiCo's 2026 Second Quarter Earnings Question-and-Answer session. [Operator Instructions] Today's call is being recorded and will be archived at www.pepsico.com. It is now my pleasure to introduce Mr. Ravi Pamnani, Senior Vice President of Investor Relations. Mr. Pamnani, you may begin. Ravi Pamnani Senior Vice President of Investor Relations Thank you, Kevin, and good morning, everyone. I hope everyone has had a chance this morning to review our press release and prepared remarks, both of which are available on our website. Before we begin, please take note of our cautionary statement. We may make forward-looking statements on today's call, including about our business plans, guidance and outlook. Forward-looking statements inherently involve risks and uncertainties and only reflect our view as of today, July 9, 2026, and we are under no obligation to update. When discussing our results, we refer to non-GAAP measures, which exclude certain items from reported results. Please refer to our