[Pepsi ( PEP : Research , Estimates ) had been eyeing the Gatorade business for] five to six years ... the time was right and we could handle it. |
As we look forward to 1998, we're very excited about our first full year as a pure packaged goods company, |
Beware of the tyranny of making small changes to small things. Rather, make big changes to big things. |
I decided to do something personal, as a way to say thanks to our often unsung heroes, |
In really good companies, you have to lead. You have to come up with big ideas and express them forcefully. |
In really good companies, you have to lead. You have to come up with big ideas and express them forcefully. I have always been encouraged -- or sometimes forced -- to confront the very natural fear of being wrong. I was constantly pushed to find out what I really thought and then to speak up. Over time, I came to see that waiting to discover which way the wind was blowing is an excellent way to learn how to be a follower. |
Our goal is to make the Pepsi-Cola system a lot more competitive and a lot more responsive to our customers, ... This new structure will move us closer to that goal by taking greater advantage of our excellent leaders and creating units that will be sharply focused on their respective businesses. |
Our goal is to produce consistent earnings growth of about 15 percent a year, (but) despite remarkably strong performances by many of our businesses, we fell well short of that in 1996, |
Our second-quarter performance also confirms that we can sustain 12-to-13 percent EPS growth, with occasional upsides, |
Our strength was broad-based, with solid earnings growth across every business, domestic and international, ... Our sharp focus on convenient food and beverages is paying off and we expect consistently healthy results to continue throughout 2001. |
Recent changes in the home video market got us — and others in our industry — by surprise, |
that are our strength and heritage. |
The changes we made last year, especially our restaurant spin-off, are allowing us to post good earnings per share growth at the same time as we invest aggressively to build our businesses for the future, |
The creation of a closely aligned, separately managed bottler of this size would help us pursue consolidation opportunities and improve our performance in the marketplace, |
The creation of a closely aligned, separately managed bottler of this size would help us pursue consolidation opportunities and improve our performance in the marketplace. |