PepsiCo, Inc. (NASDAQ:PEP) Q2 2023 Earnings Call Transcript

Ramon Laguarta: Yeah. Listen, we take our energy products along with the rest of the portfolio where it makes sense, right? So some of the channels you’re mentioning like college universities, they are very large channels for our energy execution, right? So when you go to a normal campus, you will see a Rockstar, you would see Celsius, you will see our coffee business. You will see the new Gatorade energy Fast Twitch. So you will see all these execution. Wherever there are consumers that are looking for energy, we tend to be there. So we’re not holding on any opportunities at this point to maximize the reach of our brands. So no, don’t wait for ’24. We’re executing as we speak.

Hugh Johnston: Great. So I think this is the end of the conversation. Thank you very much. Thank you all of you for joining us today and especially for the confidence that you’ve placed in us with your investments. We hope that you all have a great summer and stay safe and healthy. Thank you.

Operator: Ladies and gentlemen, this does conclude today’s presentation. You may now disconnect and have a wonderful day.