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Stock impact report

PepsiCo's (PEP) Productivity & Cost-Saving Initiatives Bode Well [Yahoo! Finance]

PepsiCo, Inc. (PEP) 
Last pepsico, inc. earnings: 4/28 06:03 am Check Earnings Report
US:NYSE Investor Relations: pepsico.com/investors
Company Research Source: Yahoo! Finance
These actions have gone a long way in bolstering PEP's margin performance, along with continued focus on expansion. The company has been focused on driving greater efficiency and effectiveness by driving down costs and plowing back these savings to develop scale and core capabilities. The company expects to achieve its productivity goals through savings generated from its restructuring actions. These actions are likely to position it to further simplify, synchronize and automate processes; re-engineer the go-to-market and information systems; simplify the organization; and optimize its manufacturing and supply-chain footprint. Savings from the productivity and restructuring plans should help drive the top line and margins. In 2024, the company anticipates elevating its focus on holistic cost-management initiatives to boost productivity and use these savings to mitigate cost inflation and prioritize investments in its brands, innovation, and channel expansion. Gains from PepsiCo' Show less Read more
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