Discontinued — last reported Q3 '24
PepsiCo Frito Lay North America — 2024 restructuring charges increased by 22.9% to $43.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 126.3%, from $19.00M to $43.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
High charges signal significant organizational change, which may lead to future margin expansion but creates short-term earnings pressure.
Reflects expenses associated with organizational changes, such as facility closures, workforce reductions, or process re...
Similar to 'restructuring costs' or 'severance and exit costs' found in the operating expenses of peer companies.
pep_segment_flna_2024_restructuring_charges| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $18.00M | $20.00M | $3.00M | $6.00M | $10.00M | $27.00M | $7.00M | $13.00M | $19.00M | $3.00M | $22.00M | $35.00M | $43.00M |
| QoQ Change | — | +11.1% | -85.0% | +100.0% | +66.7% | +170.0% | -74.1% | +85.7% | +46.2% | -84.2% | +633.3% | +59.1% | +22.9% |
| YoY Change | — | — | — | -66.7% | -50.0% | — | +133.3% | +116.7% | +90.0% | -88.9% | +214.3% | +169.2% | +126.3% |