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Ramon Laguarta

Chairman & Chief Executive Officer, PepsiCo

Search every verified Ramon Laguarta interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. During PepsiCo's third quarter 2026 earnings call on October 8, 2026, Ramon Laguarta reported that the company achieved 3.1% organic revenue growth in Q3, which he described as the fastest rate since Q4 2023 and an important milestone. He attributed the growth to being volume-led and expressed satisfaction with the acceleration of the business, noting that the company's priority for the year was to accelerate top-line performance. Laguarta also addressed performance in specific segments, stating that the company was "not satisfied" with its US performance overall. He said the volume bet made in North American snacks, particularly with a price reset, had resulted in a turnaround from low single-digit volume growth last year to positive low single-digit volume growth this year. However, he indicated that the beverage business was not performing to expectations, saying the company did not "feel good" about it and that it was competing well in certain areas but faced challenges.

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Notable quotes

“We're going to try to grow our way out of inflation. And we might have to, you know, in some markets around the world, we might have to do some adjustments of pricing. But trust me, we learn our lessons. Uh driving prices up is not a good solution with the consumer where the consumer is.”

“The way we're thinking about this is we assume that consumers will sequentially adopt more GLP medication in their lives and either for real medical reasons or lifestyle reasons and obviously this creates an opportunity for us — an opportunity but it could be also a threat if we don't react.”

“We're trying to do much more than just affordability. I think we're trying to do a holistic investment in the business with affordability being one, but also we're innovating.”

“We are a hundred‑billion‑dollar company operating in basically every country around the world; we have a lot of power to take our suppliers with us, take our customers with us, and create ecosystems of knowledge and action that really can make change at scale.”

“For us, sustainability is not a choice — it is a must, because if we are running the company for the next 10, 15, 20 years and want PepsiCo to be highly successful and high growth, we need to protect nature and make sure we use resources in a way that they are regenerative.”

“The demand has been impacted by two things uh Brian one is clearly affordability uh you know middle class and lowass households in the United States are stretched by inflation and you know all the trends that we've been talking about uh that is not changing uh in the for the you know for for current times. The second one I think there is a a peot on what consumers are looking for in uh in snacks. They're they're look”

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