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.
Ruffles, the Official Chip of the NBA, has announced a multi-year partnership with LeBron James to launch the 'Own Your Ridges™' campaign. The partnership aims to inspire fans to embrace their unique challenges and stories. The initiative kicks off with the 'Ruffles D.N.A.' TV campaign debuting on Christmas Day, featuring James and others sharing personal overcoming stories. Ruffles and the PepsiCo Foundation will also work with the LeBron James Family Foundation to support underserved communities through education and job training. This partnership is positioned to expand Ruffles' brand identity.
Gatorade honors Nick Singleton from Governor Mifflin High School as the 2021-22 Gatorade National Football Player of the Year. His impressive statistics include 2,043 rushing yards and 41 touchdowns this season. Singleton, who maintains a 3.51 GPA, will play for Penn State University. The award recognizes athletic excellence, academic achievement, and character, with Singleton selected from over one million high school football players. Gatorade's program has a legacy of over 35 years, celebrating athletes who excel both on and off the field.
Frito-Lay's Doritos is back as the Official Marketing Partner for Twitch Rivals, enhancing the Doritos Bowl on December 6, 2021. This year's event features four top Twitch creators competing in a variety of games, including a surprise fifth title. The tournament culminates in a $175,000 prize pool and offers fans a unique viewing experience as creators tackle unfamiliar games. Caio Correa, marketing director at Frito-Lay, emphasized the brand's commitment to delivering exciting experiences.
cbdMD, Inc. (NYSE American: YCBD, YCBDpA) has appointed Dave Johnson as Senior Vice President of Business Development. With over 30 years in the consumer goods sector, including 20 years at PepsiCo (NASDAQ: PEP), Johnson will spearhead cbdMD's initiatives in expanding retail distribution across the U.S. He believes the CBD industry will experience significant growth in the next two years, positioning cbdMD to capitalize on this trend through its brands, including cbdMD and Paw CBD, and the new cbdMD Botanicals line.
PepsiCo (NASDAQ: PEP) will release its fourth quarter and full-year 2021 financial results on February 10, 2022. Key details include:
- Press release at 6:00 a.m. EST.
- Management remarks at 6:30 a.m. EST.
- Live Q&A session at 8:15 a.m. EST with CEO Ramon Laguarta and CFO Hugh Johnston.
In 2020, PepsiCo achieved over $70 billion in net revenue, driven by a diverse food and beverage portfolio with 23 brands generating over $1 billion in annual retail sales each.
Frito-Lay launches its 'Share More Joy' campaign featuring Jimmy Fallon, aiming to rekindle holiday magic. A new TV ad, airing during the Macy's Thanksgiving Day Parade, showcases festive moments and promotes the return of the Frito-Lay Holiday Shop. Specially-marked products will donate up to $500,000 to Toys for Tots, with a combined $1 million donation planned. The Holiday Shop offers themed merchandise, with prices ranging from $15 to $75. The campaign runs until December 31, enhancing Frito-Lay's commitment to spreading joy and supporting local communities.
The Board of Directors of PepsiCo (NASDAQ: PEP) has declared a quarterly dividend of $1.075 per share, reflecting a 5% increase compared to last year. This decision is part of the company's strategy to boost its annualized dividend to $4.30 from $4.09, effective from the June 2021 payment. The dividend is scheduled for payment on January 7, 2022, to shareholders on record by December 3, 2021. PepsiCo has a robust history of dividend increases, marking its 49th consecutive annual increase.
PepsiCo has set a goal to help 50 million people access nutritious foods by 2030 through its Food for Good initiative. This includes a commitment of $100 million in agriculture and food security initiatives. The company plans to expand its Food for Good program globally, partnering with local organizations to tackle food insecurity. New investments include a $1 million grant to the World Food Programme and initiatives targeted at childhood malnourishment in countries like Guatemala and Nigeria. PepsiCo aims to leverage partnerships to address global hunger, which affects 800 million people.
PepsiCo, Inc. (NASDAQ: PEP) announced two key leadership appointments on November 12, 2021, to enhance its growth strategy. Jane Wakely becomes Executive Vice President, Chief Consumer and Marketing Officer, and Chief Growth Officer, International Foods, focusing on consumer-centric innovation. Ram Krishnan is appointed CEO, International Beverages and Chief Commercial Officer, effective January 1, 2022, concentrating on accelerating the International Beverages business. These moves aim to optimize operations and drive brand growth across PepsiCo's portfolio.
PepsiCo announced an expansion of its Community College Program to support Black and Hispanic students across nine new cities. The initiative, which addresses a crisis in higher education, aims to provide 1,400 scholarships and additional resources such as professional mentoring and financial assistance. The program initially launched in March 2021, targeting 4,000 students over five years. Alongside scholarship opportunities, participants receive support for living costs and financial literacy education. This expansion is part of PepsiCo's commitment to racial equity and community development.
