PepsiCo, Inc. - PEP STOCK NEWS

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.

Gatorade has announced Colin Sahlman of Newbury Park High School as the 2021-22 Gatorade National Boys Cross Country Player of the Year. He achieved this title due to his remarkable performance, including a record-setting 5K time of 14:03.3, and leading his team to a national championship. Out of nearly 300,000 competitors, Sahlman was selected for his athletic excellence and academic achievement, maintaining a 3.47 GPA. He will run at Northern Arizona University on a scholarship this fall.

Gatorade announced Fuel Tomorrow, a multi-year initiative aimed at increasing sports access for underrepresented youth. The program will focus on community programs, access to facilities and equipment, and training for coaches on equity and inclusion. An initial investment of $10 million will support partnerships with organizations like Athlete Ally and Good Sports. Gatorade aims to address barriers preventing participation, particularly among girls and low-income communities. The campaign will launch during NBA All-Star Weekend 2022.

PepsiCo (NASDAQ: PEP) announced that CEO Ramon Laguarta and CFO Hugh Johnston will present virtually at the Consumer Analyst Group of New York (CAGNY) Conference on February 23, 2022, at approximately 11:30 a.m. ET. A pre-recorded audio webcast and accompanying presentation will be available on the company's investor relations website. In 2021, PepsiCo generated over $79 billion in net revenue, driven by a diverse portfolio of iconic brands. The company's vision, PepsiCo Positive (pep+), focuses on sustainability and driving growth while benefiting the planet.

MTN DEW and RUFFLES are set to showcase their products at NBA All-Star 2022 in Cleveland from February 18-20. They will enhance fan engagement through events like 'The Block,' featuring NBA athletes and musical performances. RUFFLES will be the title sponsor of the Celebrity Game, donating $4,000 for each shot made from its 4-point Ridge Line. MTN DEW continues its sponsorship of the 3-Point Contest, donating $30,000 to RISE and $5,000 per shot from the DEW Zone. The event aims to celebrate basketball culture and support educational initiatives.