PepsiCo, Inc. - PEP STOCK NEWS

Gatorade has named Juliette Whittaker from Mount de Sales Academy as the 2021-22 Gatorade National Girls Track and Field Player of the Year. Whittaker's outstanding performance includes setting a national high school record in the 800-meter run at the USATF U20 Championships with a time of 1:59.04. The selection committee recognized her athletic and academic excellence, alongside her leadership and community service, as she maintains a GPA of 4.46 and has signed a National Letter of Intent with Stanford University.

PepsiCo, through its Foundation, has announced an expansion of its Food for Good program to combat global food insecurity, which affects 345 million people. The Foundation is investing over $35 million since 2021 to support small-scale farmers and improve access to nutritious food. New initiatives include a podcast, a video series highlighting community efforts, and a partnership with FEED to sell a tote bag that provides meals to children. PepsiCo aims to help 50 million people by 2030 and has already delivered over 245 million meals since 2009.

The U.S. Trend Index by Frito-Lay reveals significant insights into consumer snacking habits. A remarkable 90% of daily snackers prioritize the ethics and sustainability practices of snack companies. Key findings show that 87% value employee treatment, while 77% consider sustainability. Innovative flavor combinations are crucial, with 35% of consumers stating it influences their choices over packaging or brand recognition. The trend shows younger consumers are more interested in sustainable practices, yet flavor remains central across all demographics.

Doritos has announced a $5 million investment to support its SOLID BLACK™ initiative, which aims to amplify Black Changemakers driving community change. This year, Doritos is collaborating with the PepsiCo Foundation to launch the Black Nonprofit Changemakers program, aiding Black nonprofit leaders. The initiative highlights four selected Changemakers and includes donations totaling $200,000 to them and $125,000 to nonprofits supporting future Changemakers. The campaign aims to elevate Black creators and reflect PepsiCo's commitment to racial equality through its $400 million investment plan.

Frito-Lay North America has become a North American Regional Supporter for the FIFA World Cup Qatar 2022, marking a historic collaboration as the first salty-snack brand to partner with FIFA. The agreement includes promotional activities across 23 markets, including the USA, Canada, and Mexico, aimed at reaching over 100 million households with FIFA-branded snacks. This initiative aligns with Frito-Lay's commitment to sports promotion and community engagement, as emphasized by CEO Steven Williams and FIFA President Gianni Infantino.

Ruffles® has launched a unique sneaker collaboration with NBA star Jayson Tatum and introduced a new flavor, Ruffles Spicy Dill Pickle. Fans can win autographed sneakers by purchasing specially marked bags of Ruffles chips and entering a code at RufflesSneakers.com. The new flavor is available in stores nationwide, priced at $4.79 for 8oz and $2.19 for 2.5oz bags. The promotion runs until July 31, offering fans a chance to win not only sneakers but also a signed jersey and a basketball.