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.
Frito-Lay, a division of PepsiCo, has announced significant enhancements to driver recruitment and retention, targeting nearly 20,000 drivers. The company boasts an industry-low attrition rate of less than 20%, and 90% of trips are completed the same day. Key benefits include competitive salaries, immediate health insurance, 401k with employer match, and educational assistance. Frito-Lay's commitment to workforce development was recognized by the U.S. Department of Transportation during the White House's 90-day challenge to improve apprenticeship programs in the trucking industry.
PepsiCo, Inc. (NASDAQ: PEP) announced the timing for its second quarter 2022 financial results on July 12, 2022. The company will release its earnings at approximately 6:00 a.m. EDT, followed by prepared management remarks at 6:30 a.m. EDT. A live Q&A session with CEO Ramon Laguarta and CFO Hugh Johnston will take place at 8:15 a.m. EDT. PepsiCo generated over $79 billion in net revenue in 2021 and aims to lead in beverages and convenient foods through its pep+ sustainability initiative.
Doritos is launching a unique virtual concert, "Live From The Upside Down," in partnership with Netflix, scheduled for June 23, 2022, to celebrate the premiere of Stranger Things 4. The concert will feature iconic '80s artists like The Go-Go's, Corey Hart, and Soft Cell, with Charli XCX as a special guest. Fans can gain access by purchasing limited-edition Doritos bags. Additionally, a new flavor, Doritos 3D Crunch Three Cheese, will be released. Exclusive merchandise will also be available for purchase to enhance the concert experience.
The Board of Directors of PepsiCo (NASDAQ: PEP) has declared a quarterly dividend of $1.15 per share, reflecting a 7% increase from the previous year. This dividend aligns with the company's increase in its annualized dividend to $4.60 per share, effective June 2022. The dividend is scheduled for payment on June 30, 2022, to shareholders of record by the close of business on June 3, 2022. This marks the 50th consecutive annual dividend increase for PepsiCo, which has consistently paid dividends since 1965.
PepsiCo has expanded its "Team of Champions" initiative with the addition of 16 organizations, enhancing access to soccer for underserved communities, particularly Black and Hispanic youth. The company has committed $1 million over three years to support teams with equipment, coaching, and education. This year introduces the "Access for Champions" program to help students pursue athletic scholarships. The initiative aligns with PepsiCo's broader Racial Equality Journey, which aims for long-term community changes and increased representation in sports.
Tostitos is launching a vibrant campaign named Fiesta Remix for upcoming Cinco de Mayo celebrations. Partnering with actor Danny Trejo and singer Sofia Reyes, the campaign focuses on creative snack ideas and interactive fun.
Fans can participate in a TikTok Loteria challenge to win a custom 5-carat gold Tostitos Scoops necklace. The campaign website offers tailored party recommendations while promoting fun activities that blend music, food, and games. The campaign aims to enhance collective celebrations throughout the summer season.
On April 21, 2022, PepsiCo (NASDAQ: PEP) announced its upcoming virtual annual shareholders' meeting scheduled for May 4, 2022, at 9 a.m. EDT due to ongoing COVID-19 concerns. Shareholders as of March 1, 2022, will be able to vote and ask questions using a specific control number. The meeting will be accessible online, ensuring shareholder engagement despite the virtual format. PepsiCo continues to thrive with a robust product portfolio, generating over $79 billion in net revenue for 2021, promoting its vision of sustainability through the pep+ initiative.
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