PepsiCo, Inc. - PEP STOCK NEWS

GENYOUth has launched ticket sales for the upcoming Taste of the NFL, scheduled for February 11, 2023, in Phoenix, featuring over 30 renowned chefs and NFL stars. This culinary event aims to combat student hunger nationwide, with net proceeds supporting GENYOUth's End Student Hunger Fund. The initiative includes providing 57 meal equipment packages to high-need schools in Arizona. Tickets are priced at $750 for General Admission and $950 for VIP access. PepsiCo, along with Frito-Lay and Quaker, remains committed to addressing food insecurity and enhancing school meal participation for students across the U.S.

Doritos has launched 'Doritos After Dark,' a ghost kitchen menu offering late-night bites in select cities from December 16-21, 2022. This initiative aims to satisfy cravings during evening hours, as 43% of consumers prefer snacking after dark. The menu, developed in partnership with PepsiCo Foodservice Digital Lab and Popchew, features global-inspired dishes like Flamin' Hot Corn Puppies and Spicy Sweet Chili Chicken Bites. A pop-up event in Los Angeles on December 21 will provide an exclusive tasting experience. Delivery is available through various platforms, including DoorDash and Uber Eats.

Doritos invites fans to participate in the #NameThatTriangle social contest, inspired by Von Miller's triangle haircut. Running through January 15, participants can submit photos or videos showcasing their own triangular hairstyles for a chance to win Super Bowl LVII tickets, autographed helmets, and other prizes. The campaign emphasizes self-expression, with weekly winners announced. Additionally, Doritos will host Von's Chips (and Clips) tailgate event on December 11, offering fans the chance to get their haircuts styled on-site while enjoying free snacks and entertainment.

PepsiCo (NASDAQ: PEP) announced the timing for its fourth quarter and full-year 2022 financial results, set to be released on February 9, 2023. The press release will be available on the company's investor website at www.pepsico.com/investors. Key events on that day include a press release at 6:00 a.m. EST and management remarks at 6:30 a.m. EST, followed by a live Q&A session with management at 8:15 a.m. EST. PepsiCo reported over $79 billion in net revenue for 2021, focusing on sustainable growth through its pep+ initiative.

The Frito-Lay U.S. Snack Index reveals consumer preferences for holiday snacks, highlighting that over 70% favor snacks with a crunch. The survey identifies key factors: sweetness (66%), saltiness (61%), and nostalgia (49%). Generational differences are noted, with Gen Z favoring delivery and late-night snacks, while millennials prefer grocery visits. Holiday snacking trends suggest 65% of adults treat themselves, with 55% involving sensory experiences. New limited-time products include Lay's Clusters and Cheetos Snowflakes, aiming to engage consumers through innovative recipes.

On December 5, 2022, PepsiCo announced an ambitious goal to double the percentage of beverage servings delivered through reusable models from 10% to 20% by 2030. This initiative is part of the company's sustainability strategy, PepsiCo Positive (pep+). The plan includes expanding its SodaStream business and increasing refillable offerings in partnership with bottlers. PepsiCo aims to eliminate over 200 billion plastic bottles by 2030 and reduce virgin plastic usage by 50% by 2030. The company continues to collaborate on infrastructure to support these reusable models.

Frito-Lay North America recently announced a $600,000 contribution to the U.S. Soccer Foundation's "All-In with Frito-Lay" initiative. This three-year commitment aims to enhance resources and training for over 30,000 young athletes, promoting equity in soccer. More than 1,000 coaches will be trained to support youth development. The initiative aligns with Frito-Lay's broader $1 million pledge to charitable organizations, fostering mentoring relationships that empower young players.