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PepsiCo, Inc. - PEP STOCK NEWS

Welcome to our dedicated page for PepsiCo news (Ticker: PEP), a resource for investors and traders seeking the latest updates and insights on PepsiCo stock.

PepsiCo, Inc. (NASDAQ: PEP) is a leading American multinational food, snack, and beverage corporation, headquartered in Purchase, New York. Renowned for its comprehensive portfolio, PepsiCo oversees the manufacturing, distribution, and marketing of a wide array of products that include globally recognized brands like Pepsi, Mountain Dew, Gatorade, Lay's, Cheetos, and Doritos. Holding a dominant position in the global savory snacks market, PepsiCo also ranks as the second-largest beverage provider worldwide, following Coca-Cola.

PepsiCo's extensive product range caters to diverse consumer tastes and preferences, from carbonated soft drinks and water to sports and energy drinks. Approximately 55% of PepsiCo's total revenue is generated from convenience foods, with beverages contributing the remaining share. The company owns a significant portion of its manufacturing and distribution capacity both domestically and internationally, with international markets accounting for 40% of total sales and one-third of operating profits.

Recent Achievements and Initiatives:

  • Lay's®, Sabritas®, Gamesa®, and Rockstar® Energy Drink announced a multi-year sponsorship of the Leagues Cup, featuring all 47 clubs from Major League Soccer (MLS) and LIGA MX. This partnership enhances soccer fans' experiences with special packaging, in-stadium events, and sweepstakes.
  • Gatorade became the official sports drink partner of Wrexham Association Football Club, furthering its commitment to supporting athletes with science-backed products.
  • Rockstar Energy Drink concluded its national music contest,
News

PepsiCo Announces New Chief Financial Officer; Long-Standing CFO to Leave For Role at Disney

Rhea-AI Summary
PepsiCo's Vice Chairman and CFO, Hugh Johnston, will be leaving the company on November 30 after 34 years of service. James Caulfield is appointed as the new CFO. Johnston will join The Walt Disney Company as CFO. Caulfield has an exemplary track record within PepsiCo and will bring continuity to the Finance function.
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Vintage Wine Estates Announces New President and CEO Completes First Week at VWE and to Present on First Quarter Fiscal 2024 Financial Results Conference Call and Webcast

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Seth Kaufman has joined Vintage Wine Estates, Inc. as President and CEO. He brings extensive leadership experience from large consumer-oriented brand enterprises. Vintage Wine Estates is one of the fastest-growing wine producers in the U.S. with a leading direct-to-customer platform.
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LAY'S® Partners with "Vanderpump Rules" Stars Ariana Madix and Katie Maloney to Release Sandwich-Inspired Chip Flavor at BravoCon 2023: LAY'S® Grilled Cheese & Tomato Soup

Rhea-AI Summary
Lay's (ticker: LAYS) introduces limited edition potato chip flavor inspired by Bravo, offering fans a chance to engage with iconic Lay's products and recipes. The collaboration brings together Lay's and Bravo to create a unique food experience.
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Cheetos® Enters New Category with Debut of CHEETOS® Pretzels

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Cheetos introduces Cheetos Pretzels in Cheddar and FLAMIN' HOT flavors, combining the iconic orange Cheetle® dust with pretzels for a unique snacking experience.
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SunChips® Showcases Artwork from Underrepresented Artists in "Art Seen" Honors

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SunChips unveils winning artists for its 'Art Seen' program, featuring their artwork on millions of SunChips bags and local mural installations
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DORITOS®, MTN DEW® & ROCKSTAR® ENERGY DRINK JOIN FORCES WITH XBOX TO REWARD PLAYERS EVERY TIME THEY GAME WITH THEIR FAVES

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Gamers can get a free 1-month subscription to Xbox Game Pass Ultimate and earn gaming rewards with DORITOS, MTN DEW, and ROCKSTAR ENERGY DRINK.
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Frito-Lay® Provides Critical Support to Families in Need in Year Two of Partnership with LULAC National Educational Service Centers

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Frito-Lay invests $150,000 to support 360 participants, building on 2022 program success
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Frito-Lay Opens New Scholarship for College Students to Celebrate Community Builders

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Frito-Lay announces needs-based scholarship offering $100,000 in total, with four students receiving $25,000 each. Applications open on October 3 and close on November 20. Eligible students must be in the U.S., high school seniors, graduates, or current college undergraduates with a minimum GPA of 2.5. Judging panel consists of diverse Frito-Lay employees. Winners will be notified by January 30, 2024.
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Rockstar Energy Drink Partners with Rising Mexican Artist Joaquín Nava to Launch "Proud Hasta Los Huesos," a Celebration of Día de los Muertos

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Rockstar Energy Drink launches a limited-edition collection of Día de los Muertos-themed cans designed by Mexican artist Joaquín Nava, honoring the beloved Mexican holiday. The cans feature artistic nods to Mexican culture and community. The limited-edition Rockstar Pure Zero cans are available nationwide.
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PepsiCo Foundation Announces 100 New Impacto Hispanic Business Accelerator Grantees

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PepsiCo Foundation welcomes 100 new grantees to Impacto Hispanic Business Accelerator Program
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FAQ

What is the current stock price of PepsiCo (PEP)?

The current stock price of PepsiCo (PEP) is $152.89 as of December 28, 2024.

What is the market cap of PepsiCo (PEP)?

The market cap of PepsiCo (PEP) is approximately 209.8B.

What is PepsiCo known for?

PepsiCo is renowned for its extensive portfolio of food, snack, and beverage products, including well-known brands like Pepsi, Mountain Dew, Gatorade, Lay's, Cheetos, and Doritos.

Where is PepsiCo headquartered?

PepsiCo is headquartered in Purchase, New York.

What percentage of PepsiCo's revenue comes from convenience foods?

Approximately 55% of PepsiCo's total revenue is generated from convenience foods.

What recent partnerships has PepsiCo announced?

Recent partnerships include Lay's®, Sabritas®, Gamesa®, and Rockstar® Energy Drink sponsoring the Leagues Cup, and Gatorade partnering with Wrexham AFC.

Who is PepsiCo's latest global brand ambassador?

Jack Grealish is PepsiCo's latest global brand ambassador.

What new flavor did PopCorners introduce in May 2024?

PopCorners introduced a new limited-edition flavor, Jalapeño Popper.

When will PepsiCo release its second-quarter 2024 financial results?

PepsiCo will release its second-quarter 2024 financial results on July 11, 2024.

What is the pep+ (PepsiCo Positive) initiative?

pep+ (PepsiCo Positive) is PepsiCo's strategic transformation focusing on sustainability and human capital to create value and growth within planetary boundaries.

How does PepsiCo engage with the sport of soccer?

PepsiCo engages with soccer through partnerships like the multi-year sponsorship of Leagues Cup by Lay's®, Sabritas®, Gamesa®, and Rockstar® Energy Drink, and featuring Lionel Messi in Lay's soccer-themed commercial.

Where can I find more information about PepsiCo?

For more information, visit PepsiCo's official website at www.pepsico.com and follow them on social media platforms like Twitter, Instagram, Facebook, and LinkedIn.

Stock PEP logo
PepsiCo, Inc.

Nasdaq:PEP

PEP Rankings

#42 Ranked by Market Cap
#895 Ranked by Dividends

PEP Stock Data

209.76B
1.37B
0.15%
77.64%
1.42%
Beverages - Non-Alcoholic
Beverages
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United States of America
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