PepsiCo (PEP) risk factors, FY2024 10-K

Business Risks

1. 01Reduction in future demand for our products would adversely affect our business
2. 02Damage to our reputation or brand image can adversely affect our business
3. 03Product recalls or other issues or concerns with respect to product quality and safety can adversely affect our business
4. 04Any inability to compete effectively can adversely affect our business
5. 05Failure to attract, develop and maintain a highly skilled workforce or effectively manage changes in our workforce can have an adverse effect on our business
6. 06Water scarcity can adversely affect our business
7. 07Changes in the retail landscape or in sales to any key customer can adversely affect our business
8. 08Disruption of our manufacturing operations or supply chain, including increased commodity, packaging, transportation, labor and other input costs, can adversely affect our business
9. 09Political, social and geopolitical conditions can adversely affect our business
10. 10Our business can be adversely affected if we are unable to grow in developing and emerging markets
11. 11Changes in economic conditions can adversely impact our business
12. 12Future cyber incidents and other disruptions to our information systems can adversely affect our business
13. 13subject to failure, disruption or unavailability, and increased vulnerability to cyberattacks and other cyber incidents
14. 14Failure to successfully complete or manage strategic transactions can adversely affect our business
15. 15Our reliance on third-party service providers and enterprise-wide systems can have an adverse effect on our business
16. 16remediation costs, damage to our reputation or have a negative impact on employee morale, all of which can adversely affect our business
17. 17Climate change or measures to address climate change and other sustainability matters can negatively affect our business or damage our reputation
18. 18Strikes or work stoppages can cause our business to suffer

Financial Risks

1. 19Failure to realize benefits from our productivity initiatives or organizational restructurings can adversely affect our financial performance
2. 20A deterioration in our estimates and underlying assumptions regarding the future performance of our business or investments can result in impairment charges that adversely affect our results of operations
3. 21Fluctuations in exchange rates impact our financial performance
4. 22Our borrowing costs and access to capital and credit markets can be adversely affected by a downgrade or potential downgrade of our credit ratings

Legal, Tax and Regulatory Risks

1. 23Taxes aimed at our products can adversely affect our business or financial performance
2. 24Limitations on the marketing or sale of our products can adversely affect our business and financial performance
3. 25Laws and regulations related to the use or disposal of plastics or other packaging materials can adversely affect our business and financial performance
4. 26Failure to comply with personal data protection and privacy laws can adversely affect our business
5. 27Increases in income tax rates, changes in income tax laws or disagreements with tax authorities can adversely affect our financial performance
6. 28If we are unable to adequately protect our intellectual property rights, or if we are found to infringe on the intellectual property rights of others, our business can be adversely affected
7. 29Failure to comply with laws and regulations applicable to our business can adversely affect our business
8. 30Potential liabilities and costs from litigation, claims, legal or regulatory proceedings, inquiries or investigations can have an adverse impact on our business