PepsiCo, Inc. (NASDAQ:PEP ) Q1 2022 Earnings Conference Call April 26, 2022 8:15 AM ET Company Participants Ravi Pamnani - SVP, IR Hugh Johnston - Vice Chairman, Executive VP & CFO Ramon Laguarta - Chairman & CEO Conference Call Participants Bryan Spillane - Bank of America Merrill Lynch Dara Mohsenian - Morgan Stanley Lauren Lieberman - Barclays Bank Bonnie Herzog - Goldman Sachs Group Andrea Teixeira - JPMorgan Chase & Co. Laurent Grandet - Guggenheim Securities Vivien Azer - Cowen and Company Kaumil Gajrawala - Crédit Suisse Kevin Grundy - Jefferies Robert Ottenstein - Evercore ISI Steve Powers - Deutsche Bank Filippo Falorni - RBC Capital Markets Brett Cooper - Consumer Edge Research Christopher Carey - Wells Fargo Securities Operator Good morning, and welcome to PepsiCo's 2022 First Quarter Earnings Question-and-Answer Session. [Operator Instructions].