Kevin Grundy

“Andre, can we zoom out, I guess, a bit and maybe just talk about industry growth, which despite all the discussion about pressure on the consumer, it seems like the consumer is still fairly resilient and the category growth really hasn't changed dramatically at this point.”

“Ramon, question on potential consideration for bigger strategic changes that could unlock value at PepsiCo. Spent a lot of time on North America. I know you're not pleased with where that is at the moment.”

“The group, the Staples group is around 50 to 60%. It's not quite as onerous from a payout ratio perspective. If we look at free cash flow, provided that the company is able to deliver against this 11 to 13% of sales, which has been a bit choppy in recent years, given all the volatility.”

“Two questions for me, Rick, related to the pricing environment, where it would certainly seem like the cost environment and cost inflation we're seeing would justify additional pricing.”

“No question for you on advertising marketing levels and overall satisfaction.”