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,
PepsiCo has successfully aided over 55 million people globally in accessing safe water since 2006, alongside raising $700 million in partnerships for water initiatives. This achievement aligns with their target of helping 100 million people by 2030. The PepsiCo Foundation has introduced new recovery programs post-COVID-19, focusing on sanitation and water infrastructure across multiple countries including Brazil, Colombia, and Bangladesh. PepsiCo emphasizes the importance of safe water access as a crucial aspect of their business strategy and community support.
Frito-Lay has partnered with Six Flags Entertainment Corporation as the Official Salty-Snack Chip partner for the 2021 season. This partnership will allow park guests to enjoy Frito-Lay snacks while visiting Six Flags' parks. As parks reopen, guests can purchase Frito-Lay snacks at various dining locations and participate in unique culinary experiences. Six Flags continues to prioritize health and safety with enhanced protocols. This collaboration aims to enhance guest experiences at Six Flags, providing fun and tasty snacks.
PepsiCo, Inc. (NASDAQ: PEP) announced its plans to release its first quarter 2021 financial results on April 15, 2021. The company will make the materials available on its investors' website at approximately 6:00 a.m. EDT. Prepared management remarks will follow at 6:30 a.m. EDT, with a live Q&A session for analysts featuring CEO Ramon Laguarta and CFO Hugh Johnston scheduled for 8:15 a.m. EDT. PepsiCo generated over $70 billion in net revenue in 2020, with a diverse product portfolio that includes well-known brands like Frito-Lay and Gatorade.
On February 25, 2021, Ruffles, the Official Chip of the NBA from PepsiCo's Frito-Lay division, launched its new campaign, Own Your Ridges™, featuring NBA All-Star Anthony Davis. The campaign encourages fans to embrace their uniqueness and will include two commercials airing during the NBA All-Star Game and The GRAMMY Awards. Ruffles also introduced a signature flavor, Ruffles Flamin' Hot BBQ, in partnership with NBA All-Star Jayson Tatum, priced at $4.29 for 8 oz. and $1.99 for 2.5 oz. The initiative aims to inspire individuality and community engagement through social media.
PepsiCo announces the launch of Neon Zebra, a new line of non-alcoholic cocktail mixers aimed at simplifying home cocktail preparation. Each 7.5oz mini-can can create two cocktails when mixed with a spirit. Offered in four flavors—Margarita, Strawberry Daiquiri, Mojito, and Whiskey Sour—Neon Zebra uses real juice and contains no artificial sweeteners. The product will be available nationwide starting March, priced between $6.99 and $7.99 for a six-pack. This launch targets the growing cocktail mixers market, which saw a 28% increase in 2020.
PepsiCo (NASDAQ: PEP) announced that Hugh Johnston, the Vice Chairman and CFO, will present virtually at the Consumer Analyst Group of New York (CAGNY) Conference on February 17, 2021, at approximately 1:50 p.m. ET. A pre-recorded audio webcast and slide presentation will be available on www.pepsico.com under the "Investors" section. In 2020, PepsiCo generated over $70 billion in net revenue, with a diverse portfolio that includes brands like Frito-Lay, Gatorade, and Tropicana.
Lay's has launched a new global campaign aimed at bringing joy through football, featuring stars like Lionel Messi, Paul Pogba, and Lieke Martens. The campaign, tied to the Men's and Women's UEFA Champions League, focuses on uniting fans in their homes as they watch matches. Key highlights include the interactive 'Messi Messages,' which allows fans to send personalized videos from Messi. This initiative aims to foster community and connection during match-day experiences, reinforcing Lay's commitment to football.
The Board of Directors of PepsiCo (NASDAQ: PEP) has declared a quarterly dividend of $1.0225 per share, marking a 7% increase from the previous year. This is part of a wider annual dividend increase from $3.82 to $4.09 per share, effective from the June 2020 payment. The dividend is payable on March 31, 2021 to shareholders of record on March 5, 2021. PepsiCo has maintained consecutive quarterly dividends since 1965 and achieved its 48th annual dividend increase in 2020.
Frito-Lay is launching the highly anticipated Doritos 3D Crunch with a Super Bowl LV campaign featuring Matthew McConaughey. The commercial, #FlatMatthew, humorously showcases McConaughey's transformation from a flat version of himself back to his dynamic self after tasting the chips. Two new flavors, Spicy Ranch and Chili Cheese Nacho, are available for $4.29 (6 oz) and $1.89 (2 oz). This marks Doritos' expanded presence during the Super Bowl, along with campaigns for Cheetos and a portfolio commercial. Doritos has a rich history of memorable Super Bowl ads, enhancing its iconic status in advertising.
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