PepsiCo, Inc. - PEP STOCK NEWS

PepsiCo has launched the Jefa-Owned campaign under its Juntos Crecemos platform to support Latina entrepreneurs in the food and beverage sector. The initiative aims to provide personalized business assistance through an eight-week program focused on essential business skills, including SEO and marketing. The campaign was unveiled during the Nasdaq Opening Bell Ceremony, featuring the first-ever Jefa-Owned neon sign. PepsiCo has committed $172 million over five years to support Hispanic-owned businesses, highlighting the economic strength of Latina entrepreneurs.

Beyond Meat and PepsiCo launched Beyond Meat Jerky, the first product from their joint venture, Planet Partnership, on March 23, 2022. This nutritious, plant-based jerky offers 10g of protein per serving and is available in Original, Hot & Spicy, and Teriyaki flavors. The product is shelf-stable and distributed through various channels, enhancing accessibility. Dan Moisan, CEO of Planet Partnership, emphasized its role in delivering sustainable snack options. Founded in 2021, Planet Partnership aims to innovate food products that benefit health and the environment.

PepsiCo has partnered with N-Drip to improve water efficiency in agriculture, targeting 10,000 hectares (25,000 acres) by 2025. This collaboration aims to replace traditional flood irrigation methods, which waste up to 70% of water, with N-Drip's gravity-powered drip irrigation technology. Farmers utilizing this system can save water, increase crop yields, and significantly reduce carbon and methane emissions. PepsiCo's pep+ strategy emphasizes sustainability, aiming to enhance agricultural supply chain efficiency and improve the livelihoods of over 250,000 people by 2025.

PepsiCo (NASDAQ: PEP) announced it will release its Q1 2022 financial results on April 26, 2022. The press release details the timing of the earnings report, stating it will post materials at 6:00 a.m. EDT, followed by management remarks at 6:30 a.m. EDT. A live Q&A session will occur at 8:15 a.m. EDT with CEO Ramon Laguarta and CFO Hugh Johnston. In 2021, PepsiCo achieved over $79 billion in net revenue, driven by a diverse portfolio of brands like Lay's, Doritos, and Gatorade. The company aims to lead in beverages and convenient foods with its pep+ sustainability initiative.

Frito-Lay North America launched the Cheetos Hands-Free campaign on March 3, 2022, introducing a humorous theory that the Cheetle dust on fingertips inspired hands-free technology. This campaign features a new TV commercial and a creative activation, including a Hands-Free House at SXSW in Austin from March 12 to 15. The immersive house showcases tech that eliminates the need for hands while enjoying Cheetos. Fans can win tech giveaways starting March 12 by sharing their favorite devices on Twitter, and a digital version of the house will launch on March 28.

Fritos® has launched its first television commercial in 20 years, featuring country music star Thomas Rhett. The ad, which began airing nationally on February 28, 2022, presents a series of relatable vignettes emphasizing connections with family and friends over Fritos snacks. With flavors like Flavor Twists® Honey BBQ and Chili Cheese highlighted, the campaign aims to convey an uplifting message about tradition and community. Frito-Lay's senior VP of marketing, Stacy Taffet, emphasizes the brand's longstanding presence in American culture.