Roger Enrico Quotations

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 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.

I decided to do something personal, as a way to say thanks to our often unsung heroes,

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.

We are now, we believe, more knowledgeable about how to approach the reality of this new, certainly more dynamic, video marketplace.

We view this merger as great news, ... In general, larger bottlers can operate more efficiently, compete more efficiently against other big bottlers and, most important, better serve the needs of our rapidly consolidating retail customers.

We don't need traitors in our family and we're not going to have them,

We are confident we will deliver a solid, high-quality first quarter, consistent with the consensus estimate, and we believe we will achieve strong results for the year, in line with our goals.

While we all know the movie business is by nature hard to predict, I think it's reasonable to conclude that recent changes in the home video market caught us and many others in our industry by surprise,