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 (PEP) delivers a dynamic mix of beverages, snacks, and convenience foods across 200+ countries. This dedicated news hub provides investors and industry professionals with timely updates on corporate developments, financial performance, and strategic initiatives shaping the global food & beverage sector.
Access official press releases, earnings call transcripts, and analysis of key business moves – from product innovations to sustainability commitments. Our curated collection covers PEP's operational milestones across its beverage divisions (Pepsi, Gatorade) and Frito-Lay snack portfolio, alongside partnerships impacting the consumer packaged goods (CPG) landscape.
Bookmark this page for centralized access to PEP's latest:
• Quarterly earnings reports and dividend announcements
• New product launches and brand expansions
• Supply chain advancements and manufacturing updates
• ESG initiatives and leadership changes
Stay ahead of market trends with verified information directly from PepsiCo and trusted financial sources. Regularly updated to reflect the most impactful developments influencing PEP's position in the $800B+ global snack and beverage industry.
GENYOUth, the Arizona Super Bowl Host Committee, Fry's Food Stores, and NFL Legend Drew Stanton have launched Mission 57: End Student Hunger. This initiative aims to combat food insecurity among Arizona youth by providing Grab and Go school meal equipment packages to 57 schools, enabling access to over 8.5 million meals for 31,000 students annually. Initiated amid a 10.9% annual food inflation, only 55% of eligible Arizona students currently participate in the school breakfast program. The project, supported by partners including Frito-Lay and The Quaker Oats Company, highlights the urgent need to address student hunger.
Doritos is launching the Triangle Tracker program, an innovative AR campaign where consumers can scan real-world triangles using Snapchat for a chance to win prizes including a $250,000 grand prize. The campaign features collaborations with GUESS, Xbox, and Vivid Seats, and includes weekly TikTok challenges with $15,000 bounties. The promotional activities will kick off at the MTV VMAs on August 28, 2022. Participants can explore Doritos Triangle Island in Fortnite, further engaging with the brand through a virtual experience.
Stacy's Pita Chips, a female-founded brand, is launching a limited-edition flavor inspired by Girl Scout Cookies, specifically Thin Mints. The new product coincides with a $50,000 donation to the Girl Scouts of the USA to support young female entrepreneurs. This initiative is part of Stacy's ongoing commitment to empower women, illustrated through its Stacy's Rise Project, which has invested heavily in women-owned businesses. The new flavor will be available in September at grocery stores nationwide, with a QR code on the packaging for consumers to learn more about the partnership.
Ruffles, the Official Chip of the WNBA, has signed WNBA star A'ja Wilson as its first-ever female athlete for a multi-year partnership. This initiative introduces Ruffles Ridge Twists, a new product line featuring Wilson's signature flavor, Smoky BBQ, alongside Double Cheddar. The new snacks offer a unique twist shape while maintaining the classic Ruffles ridge. Ruffles aims to enhance its connection with basketball fans through this collaboration. The products will be available in stores and online, priced at $5.59 for 5.5oz and $2.29 for 1.75oz bags.
PepsiCo, Inc. (NASDAQ: PEP) announced the timing for its third-quarter 2022 financial results, which will be released on October 12, 2022. Key details include the press release and 10-Q filing scheduled for 6:00 a.m. EDT, followed by management remarks at 6:30 a.m. EDT. A live Q&A session will be held at 8:15 a.m. EDT, featuring CEO Ramon Laguarta and CFO Hugh Johnston. PepsiCo generated over $79 billion in net revenue in 2021, driven by its strong portfolio of brands.
Frito-Lay has announced a $500,000 partnership with the United Negro College Fund (UNCF) to provide scholarships for Black and Hispanic students in 10 U.S. cities. The initiative aims to reduce financial barriers to college, offering up to $5,000 each to 100 students. Applications are open until September 29, 2022. This scholarship is part of Frito-Lay's commitment to the PepsiCo Racial Equality Journey initiative, which will invest $570 million over five years to address inequalities. Frito-Lay emphasizes its dedication to diversity and education for future generations.
Lay's has introduced Kettle Cooked Fritos Chili Cheese as the latest addition to its Flavor Swap lineup, transforming popular Frito-Lay snacks into chips. This new flavor joins previous favorites like Doritos, Cheetos, and Funyuns. The new flavor, which combines crunchy Kettle Cooked chips with chili and cheese, aims to deliver a familiar yet exciting snacking experience. The Flavor Swap offerings will be available nationwide starting August 8, with prices ranging from $2.29 to $4.59 while supplies last.
On August 3, 2022, PepsiCo and its philanthropic arm, the PepsiCo Foundation, announced partnerships with World Central Kitchen and Save the Children to aid families affected by flooding in eastern Kentucky. They will provide nearly 50,000 meals, $150,000 donations to each partner, and essential supplies such as clean water and hygiene kits. These initiatives highlight PepsiCo's long-standing commitment to disaster relief, with additional support and resources for their employees affected by the catastrophe.
