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. (NASDAQ: PEP) is a leading American multinational food, snack, and beverage corporation, headquartered in Purchase, New York. Renowned for its comprehensive portfolio, PepsiCo oversees the manufacturing, distribution, and marketing of a wide array of products that include globally recognized brands like Pepsi, Mountain Dew, Gatorade, Lay's, Cheetos, and Doritos. Holding a dominant position in the global savory snacks market, PepsiCo also ranks as the second-largest beverage provider worldwide, following Coca-Cola.
PepsiCo's extensive product range caters to diverse consumer tastes and preferences, from carbonated soft drinks and water to sports and energy drinks. Approximately 55% of PepsiCo's total revenue is generated from convenience foods, with beverages contributing the remaining share. The company owns a significant portion of its manufacturing and distribution capacity both domestically and internationally, with international markets accounting for 40% of total sales and one-third of operating profits.
Recent Achievements and Initiatives:
- Lay's®, Sabritas®, Gamesa®, and Rockstar® Energy Drink announced a multi-year sponsorship of the Leagues Cup, featuring all 47 clubs from Major League Soccer (MLS) and LIGA MX. This partnership enhances soccer fans' experiences with special packaging, in-stadium events, and sweepstakes.
- Gatorade became the official sports drink partner of Wrexham Association Football Club, furthering its commitment to supporting athletes with science-backed products.
- Rockstar Energy Drink concluded its national music contest,
The Frito-Lay Snack Index reveals that 94% of adults believe snacks create enjoyable moments, especially during Super Bowl LVI. Popular snacks this year include Cheetos Flamin' Hot and Doritos. With total snack food sales increasing by 12.5% to $487 million during Super Bowl Week 2021, expectations are high for Super Bowl gatherings. The survey highlights preferences across generations, showing spicy snacks favored by Gen Z and Millennials. Frito-Lay is set to return to the Super Bowl with a new campaign after 17 years, aiming to connect with customers through nostalgia.
The Board of Directors of PepsiCo (NASDAQ: PEP) has declared a quarterly dividend of $1.075 per share, marking a 5% increase compared to the previous year. This increase aligns with the annual dividend change from $4.09 to $4.30, effective since June 2021. The dividend payment is scheduled for March 31, 2022, to shareholders recorded by March 4, 2022. PepsiCo has consistently paid dividends since 1965, achieving its 49th consecutive annual dividend increase.
On February 2, 2022, Gatorade announced Natalie Cook of Flower Mound High School as the 2021-22 National Girls Cross Country Player of the Year. This prestigious award recognizes her athletic achievements, including two national titles and a state championship. Cook's accolades include a 3.63 GPA and a scholarship to Oklahoma State University. The selection committee chose her from nearly 300,000 athletes, highlighting her exceptional character and academic standards. Cook's recognition continues Gatorade's tradition of honoring elite high school athletes nationwide.
Lay's® has launched its first Super Bowl campaign in 17 years, featuring comedians Seth Rogen and Paul Rudd, emphasizing the Stay Golden™ theme. This in-game commercial showcases nostalgic moments shared with Lay's potato chips. Alongside the ad, Lay's introduces the #LaysGoldenDuet challenge on TikTok, inviting fans to create duets with the duo's road trip scene. The campaign celebrates fan memories while also announcing the limited-edition Golden Grounds™ chips inspired by NFL stadiums. Frito-Lay will additionally run a Flamin' Hot® commercial during the event.
Rockstar Energy Drink has launched Rockstar Unplugged, a new energy drink designed to enhance mood rather than deliver a high energy hit. This sugar-free drink contains 80 mg of caffeine, hemp seed oil, B vitamins, and comes in three flavors: Blueberry, Passionfruit, and Raspberry Cucumber. The innovative product aims to meet consumer demand for beverages that uplift mood. Rockstar has also partnered with MTV to promote Rockstar Unplugged through a music series, driving brand visibility and engagement. The drink is available for purchase at $1.99 per can.
Ruffles and LeBron James have launched a new chip flavor, Ruffles Flamin' Hot Cheddar & Sour Cream, as part of their ongoing partnership. This flavor merges the popular Cheddar & Sour Cream with Flamin' Hot elements, appealing to fans looking for a new snack experience. James emphasizes the importance of overcoming challenges through the 'Own Your Ridges' campaign, which inspires individuals to embrace their unique experiences. The flavor will launch nationwide in early February, available in 8.5oz bags for $4.79 and 2.5oz bags for $1.99.
On January 13, 2022, Frito-Lay and PepsiCo launched the "Road to Super Bowl" campaign, featuring NFL legends including Peyton and Eli Manning. The collaboration enhances the gameday experience, emphasizing the consumption of snacks and beverages during the playoffs leading to Super Bowl LVI. The campaign includes humorous commercials and NFL-themed products with chances to win NFL gear. Frito-Lay will showcase new products during the Super Bowl and participate in community initiatives in Los Angeles, while Pepsi is also promoting the Super Bowl LVI Halftime Show and associated mobile app.
GENYOUth, a national non-profit, in collaboration with the PepsiCo Foundation and Frito-Lay, has announced the opening of ticket sales for the Taste of the NFL event during Super Bowl weekend. Scheduled for February 12, 2022, in Los Angeles, the event aims to combat food insecurity among students, supporting GENYOUth's End Student Hunger Fund and local initiatives. $1 million in funding from PepsiCo will aid in school meal programs and kitchen renovations. Celebrity chefs will participate, enhancing the culinary experience while raising awareness and funds to address child hunger.
On January 5, 2022, Lay's, a brand under PepsiCo's Frito-Lay division, announced the launch of a new product line called Lay's Layers. This innovative snack features multi-dimensional potato bites available in two flavors: Three Cheese and Sour Cream & Onion. Priced at $4.09 for a 4.75 oz. bag, Lay's Layers offers a unique snacking experience that aims to attract new customers. The products will be available nationwide starting mid-January 2022.
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