Pepsico Inc - PEP STOCK NEWS

Subway and Doritos have announced a -time collaboration launching the Doritos® Footlong Nachos, available nationwide for $5 while supplies last. The innovative snack features Doritos® Nacho Cheese chips topped with Cheddar sauce, Monterey cheddar, jalapeños, tomatoes, red onions, and Baja Chipotle sauce. Customers can add rotisserie chicken or steak at no extra cost.

On April 10, 2025, Subway MVP Rewards members can receive free Doritos® Footlong Nachos with any footlong sub purchase. The promotion will be available through the Subway app, website, or in-restaurant using the member's associated phone number.

PepsiCo (NASDAQ: PEP) has announced plans to acquire poppi, a prebiotic soda brand, for $1.95 billion, with a net purchase price of $1.65 billion after anticipated cash tax benefits of $300 million. The deal includes potential additional earnout based on performance milestones.

poppi is a functional soda brand that combines prebiotics, fruit juice, and apple cider vinegar, offering low-calorie beverages with no more than five grams of sugar per serving. The brand, created by Allison and Stephen Ellsworth, gained prominence after appearing on Shark Tank and receiving funding from CAVU Consumer Partners.

The acquisition aligns with PepsiCo's portfolio transformation strategy to meet growing consumer demand for health and wellness products. The transaction is pending customary closing conditions and regulatory approval.

PepsiCo (NASDAQ: PEP) has scheduled the release of its first-quarter 2025 financial results for Thursday, April 24, 2025. The company will follow a structured disclosure timeline:

• Press release and 10-Q will be posted at 6:00 a.m. EDT
• Prepared management remarks in PDF format will be available at 6:30 a.m. EDT
• A live Q&A session with Chairman and CEO Ramon Laguarta and CFO Jamie Caulfield will begin at 8:15 a.m. EDT

All materials will be accessible through PepsiCo's investor relations website at www.pepsico.com/investors.

PepsiCo (NASDAQ: PEP) has announced that its top executives will be presenting at the upcoming Consumer Analyst Group of New York (CAGNY) Conference. Ramon Laguarta, Chairman and CEO, along with Jamie Caulfield, Executive Vice President and CFO, will deliver their presentation on Wednesday, February 19, 2025 at approximately 9:00 a.m. ET.

Investors and interested parties can access a live audio webcast of the presentation through PepsiCo's website in the 'Investors' section under 'Financial Information / Events and Presentations.' A replay of the presentation will also be made available through the same platform.

PepsiCo (PEP) has declared a quarterly dividend of $1.355 per share, representing a 7% increase compared to the previous year. The dividend will be paid on March 31, 2025, to shareholders of record as of March 7, 2025.

The company also announced a 5% increase in its annualized dividend to $5.69 per share from $5.42, effective from June 2025. This marks PepsiCo's 53rd consecutive annual dividend increase, maintaining its streak of quarterly cash dividend payments since 1965.

Kroger (NYSE:KR) and PepsiCo (NYSE:PEP) have won a Gold Mitt Award for Chef's Choice at the FMI Foundation's Stir it Up! culinary event. The competition, celebrating ten years of National Family Meals Month, focused on the theme 'What's for Dinner? Dishing up New Family Flavors.'

The collaboration showcases a special menu featuring Asian-inspired dishes with a Flamin' Hot® twist, including -time offerings like the Flamin' Hot® Sushi Platter at Kroger stores. The initiative supports the FMI Foundation's mission of addressing food safety, health, and nutrition concerns.

Kroger is promoting these offerings through their digital platform, which provides over $600 in weekly digital coupon savings. Customers can access these products through in-store shopping or Kroger Pickup and Delivery services. The Boost by Kroger Plus membership offers additional benefits, potentially saving customers up to $1,100 per year on fuel, exclusive savings, streaming options, and grocery delivery.

PepsiCo (NASDAQ: PEP) has completed the acquisition of Siete Foods for $1.2 billion. This strategic move expands PepsiCo's portfolio of nutritious food products, following previous acquisitions including PopCorners, Bare, Stacy's Pita Chips, and Sabra.

Siete Foods, which began with a single almond flour tortilla in Austin, has grown to offer a diverse range of better-for-you Mexican-American products, including Grain Free Tortillas, Enchilada Sauces, Taco Seasonings, and various snacks. The brand currently has presence in over 40,000 retailers.

The acquisition aligns with PepsiCo's strategy to transform its portfolio by reducing salt, sugar, and saturated fat content while maintaining taste, and expanding through innovation and strategic acquisitions. PepsiCo aims to make Siete's products more widely available while preserving the brand's special attributes.

PepsiCo (NASDAQ: PEP) has announced the appointment of Christine Tammara as Senior Vice President and Controller, effective May 3, 2025. She will succeed Marie Gallagher, who will retire. Tammara, who will report to CFO Jamie Caulfield, has been with PepsiCo since 2007 and currently serves as Senior Vice President, Controller of PepsiCo Beverages North America since June 2023. Her previous roles include Senior Vice President and General Auditor (2021-2023) and Vice President and Assistant Controller, Technical Accounting and Policy (2016-2021). In her current position, she has been instrumental in driving the sector's control agenda and overseeing financial reporting.

PepsiCo (NASDAQ: PEP) has announced the schedule for releasing its fourth-quarter and full-year 2024 financial results. The company will publish its results on Tuesday, February 4, 2025. The release will follow this timeline:

- Press release and 10-K will be available at 6:00 a.m. EST
- Prepared management remarks in PDF format at 6:30 a.m. EST
- Live Q&A session with Chairman and CEO Ramon Laguarta and CFO Jamie Caulfield at 8:15 a.m. EST

All materials will be accessible through PepsiCo's investor relations website.