Ravi Pamnani | SVP, IR |
Hugh Johnston | Vice Chairman, Executive VP & CFO |
Ramon Laguarta | Chairman & CEO |
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 |
Good morning, and welcome to PepsiCo's 2022 First Quarter Earnings Question-and-Answer Session. [Operator Instructions]. Today's call is being recorded and will be archived at www.pepsico.com. It is now my pleasure to introduce Mr. Ravi Pamnani, Senior Vice President of Investor Relations.