PepsiCo, Inc. - PEP STOCK NEWS

Tostitos, a brand under Frito-Lay North America, is launching a new cooking series called "Next Day Delicious" in collaboration with celebrity chef Carla Hall. This initiative aims to help consumers creatively use their Fourth of July leftovers. Beginning July 5, 2021, Carla Hall will share recipes on social media, showcasing unique dishes such as Spicy Tostitos S'Mores and Tostitos Crusted Corn Dogs. This campaign is part of Tostitos' broader strategy to connect people through shared food experiences.

Doritos has launched the SOLID BLACK™ initiative to amplify the voices of Black innovators and creators. The campaign, which begins this summer, will invest over $5 million to support these changemakers, each receiving $50,000 for their efforts. The initiative, highlighted during the BET Awards, aims to spotlight stories of resilience through various public platforms. Additionally, Doritos is committing $100,000 to the National Urban League to support Black entrepreneurs, part of a larger $400 million commitment by PepsiCo for racial equality.

Fritos® and Papa Murphy's® have collaborated to launch the limited-edition Fritos® Outlaw Pizza, available nationwide from June 28 through September 2021. This innovative pizza features BBQ flavors, a crispy thin crust, and crunchy Fritos, designed to enhance summertime gatherings. The launch is complemented by a six-week 'Slices of Summer' campaign offering themed promotions and weekly prizes. This partnership aims to create new snack-pizza experiences, appealing to both Fritos' snack lovers and pizza enthusiasts.

Lay's has launched a global initiative, Lay's RePlay, aimed at creating sustainable football pitches using recycled chip packaging. Partnering with the UEFA Foundation and streetfootballworld, this initiative will benefit communities by providing access to sports. The first pitch is set to open in Tembisa, South Africa, with plans for up to five pitches in total across multiple countries, impacting over 16,000 people. The project emphasizes environmental sustainability, with a commitment to a net zero carbon footprint and reduced ecological impact, verified by Good Business.

Gatorade has honored Alyssa Thompson and Bryce Boneau as the 2020-21 National Soccer Players of the Year. Thompson, from Harvard-Westlake in California, is only the second sophomore to win the girls' award, scoring 48 goals during her perfect 18-0 season. Boneau from Keller High in Texas led his team to a 17-3 record, scoring 18 goals. Both players demonstrate excellence in athletics, academics, and community service, with Thompson committed to Stanford and Boneau to Notre Dame. Gatorade's award has recognized elite talents for over 35 years.

Gatorade has named Chet Holmgren from Minnehaha Academy as the 2020-21 National Boys Basketball Player of the Year. Holmgren, a 7-foot-1 center, led his team to a 20-1 record and the state championship, averaging 20.8 points, 12.6 rebounds, and 4.7 blocks per game. A McDonald's All-American, he has signed with Gonzaga University. The award recognizes his athletic excellence, academic achievement, and community service. Holmgren is compared to elite players and is expected to be a top pick in the 2022 NBA Draft, joining a legacy of notable past winners.

Frito-Lay, a division of PepsiCo, is investing $200 million in its Rosenberg, Texas facility to add manufacturing lines for Funyuns and tortilla chips and expand warehouse capacity. This project, expected to be completed by 2023, will create 160 new full-time jobs. The Rosenberg site, the largest Frito-Lay facility in Texas, currently employs over 750 staff and produces more than 117 million pounds of snacks annually. This follows a prior $138 million investment in 2019 that enhanced the facility's capabilities.