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. reports developments across a global beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. Recurring news covers brand innovation, Gatorade hydration science, sports and consumer campaigns, supply-chain and go-to-market technology, and updates tied to the company's international operations.
Company announcements also cover dividend actions, annual meeting communications, and PepsiCo Positive initiatives involving renewable energy, fertilizer decarbonization, and broader value-chain sustainability programs. These updates reflect the company's mix of packaged foods, carbonated soft drinks, sports hydration, and other beverage categories sold across global markets.
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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Lay's FRESH 4D introduces a unique tasting experience at Coachella, offering festivalgoers freshly made potato chips sourced from local farms. Reservations for the immersive four-course dining open on April 6, with tastings available during the two weekends of the festival. Lay's showcases sustainability with chips made from 100% sustainably sourced potatoes and plans to use commercially compostable bags for popular flavors. This initiative aligns with PepsiCo's goal to design 100% recyclable packaging by 2025.
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.
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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.