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.
According to Frito-Lay's U.S. Snack Index, over 40% of Americans are snacking more than last year, with an expected 21% increase in snack consumption during Super Bowl LV. As half of consumers look forward to special snacks for the event, Frito-Lay plans to produce over 70 million pounds of snacks in the lead-up. The survey highlights changes in Super Bowl gatherings, with nearly 45% of Americans modifying plans, and most parties limited to 10 attendees or fewer. Notably, 52% prefer classic flavors, while salsa and cheese dips remain popular choices.
PepsiCo and Beyond Meat have formed a joint venture named The PLANeT Partnership, LLC to develop innovative snack and beverage products using plant-based protein. This collaboration combines Beyond Meat's advanced technology with PepsiCo's marketing and distribution strengths. Although financial terms were not disclosed, both companies aim to meet the growing consumer demand for nutritious, sustainable products. PepsiCo’s existing efforts in sustainability and product innovation are expected to enhance this partnership, focusing on positive consumer choices and environmental impact.
On January 14, 2021, Cheetos announced its return to the Super Bowl with a new campaign featuring Ashton Kutcher and the launch of Cheetos Crunch Pop Mix. This snack combines traditional Cheetos Crunchy and Cheetos Popcorn, capitalizing on the success of last year's Super Bowl introduction of Cheetos Popcorn. Cheetos Crunch Pop Mix is priced at $3.99 for a 7 oz bag and $1.89 for a 2.25 oz bag. A consumer survey revealed that 48% of Americans admit to sneaking snacks, supporting Cheetos' playful marketing approach.
On January 11, 2021, Cheetos launched its new product, Cheetos Crunch Pop Mix, combining traditional Cheetos Crunchy and Cheetos Popcorn. Available in 7 oz and 2.25 oz bags priced at $3.99 and $1.89 respectively, this snack aims to cater to consumer trends for unique snack combinations. A survey indicated that 48% of Americans admit to sneaking snacks. The product reflects a larger trend in innovative food pairings, following the successful introduction of Cheetos Popcorn in 2020. Cheetos Crunch Pop Mix hopes to deliver moments of joy during challenging times.
PepsiCo (NASDAQ:PEP) has announced the selection of 10 finalists for its 2021 Greenhouse Accelerator program, aimed at supporting innovators in transforming consumer food and beverage experiences. Each finalist receives $20,000 in grant funding and will participate in a six-month mentorship program. The initiative emphasizes emerging science and technology to meet evolving consumer demands for health and wellness. PepsiCo's R&D team is focused on personalized nutrition and functional foods, responding to heightened consumer interest in health amid the COVID-19 pandemic.
Doritos has announced the return of Doritos 3D Crunch, featuring bold flavors like Spicy Ranch and Chili Cheese Nacho. Originally launched in 1998 and phased out in the early 2000s, the revamped snack aims to appeal to both Millennials and Gen Z. The new product will be available nationwide starting December 28, with a suggested price of $4.29 for 6 oz. bags and $1.89 for 2 oz. bags. The launch is accompanied by a social media challenge led by actress Ali Landry, who originally promoted the product, to engage fans and celebrate its comeback.
Doritos has announced the return of the Doritos Bowl featuring Call of Duty, kicking off on December 3 and culminating in a finals event on December 16. This year’s tournament introduces a first-of-its-kind Twitch Rivals Warzone event format with private lobbies and a $250,000 prize pool. The finals will see top players competing live, with commentary from popular streamers. This follows the successful inaugural event in 2018, which attracted 60 million viewers. Doritos, part of PepsiCo's $17 billion Frito-Lay division, aims to enhance viewer engagement in competitive gaming.
Frito-Lay has launched a customizable 'Make Your Own Variety Pack' feature on its direct-to-consumer website, Snacks.com, in response to consumer demand for tailored snack options. This rollout, which begins in 24 Eastern U.S. states, coincides with a 100% year-over-year increase in online snack shopping. The Frito-Lay U.S. Snack Index shows that 66% of Americans prefer customizable variety packs. Notably, Frito-Lay's sales have risen by 12% since March 2020.
PepsiCo, Inc. (NASDAQ: PEP) announced it will release its financial results for Q4 and full-year 2020, ending December 26, on February 11, 2021. Key details include:
- Press release at 6:00 a.m. EST
- Prepared management remarks at 6:30 a.m. EST
- Live Q&A session for analysts at 8:15 a.m. EST
PepsiCo generated over $67 billion in net revenue in 2019, fueled by a diverse portfolio, including brands like Gatorade and Tropicana. The company aims to lead in convenient foods and beverages while emphasizing sustainability.
