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PepsiCo, Inc. - PEP STOCK NEWS

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,
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PepsiCo (NASDAQ: PEP) will release its second-quarter 2024 financial results on July 11, 2024. The quarterly results, including the press release and 10-Q report, will be available on the company's investor relations website starting at 6:00 a.m. EDT. Prepared management remarks will be posted at 6:30 a.m. EDT. Additionally, a live Q&A session with CEO Ramon Laguarta and CFO Jamie Caulfield will take place at 8:15 a.m. EDT on the same day.

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7-Eleven, Inc. introduces a new edition Gatorade flavor, Midnight Ice, available at 7-Eleven®, Speedway®, and Stripes® stores. The release offers customers two bottles for $5 and features a midnight-inspired color. Developed in collaboration with Gatorade, the new flavor aims to provide athletes with a refreshing and performance-boosting drink option.

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Marias Gamesa® is reintroducing the Cafecito con Marias Gamesa campaign to provide a virtual community for Latina moms in the U.S. The brand partners with Super Mamás to discuss relationships and personal interests. A recent survey shows Latina moms feel overwhelmed and under-supported, despite having access to support systems. The new 'Márcale a Mamá' campaign emphasizes the importance of connecting with mothers. Virtual conversations and social media engagement aim to empower Latina moms.

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PopCorners® introduces a new -time-only flavor, Jalapeño Popper, in celebration of the Kentucky Derby. Attendees can try the new flavor at the PopCorners Snackbook at Churchill Downs. Fans nationwide have a chance to win $20,000 and a Derby-style garland made of PopCorners by participating in a sweepstakes. The new flavor offers a mix of jalapeño heat and savory cheese, catering to the desire for spicier snack options.

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Quaker has launched the Quaker Pickleball Academy, a series of free pickleball pop-up events across the U.S., in partnership with the Association of Pickleball Players. Players of all levels can join skills and drills sessions, enjoy nutritious recipes, and participate in tournaments. The Academy will make four stops around the country and will host a marquee event in Fall. Quaker aims to support the pickleball community and promote healthy lifestyles. Players can reserve a spot for events on the Quaker Oats website.

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PepsiCo, Inc. declared a quarterly dividend of $1.355 per share, a 7 percent increase from the previous year. The annualized dividend will increase to $5.42 per share starting June 2024. The dividend will be payable on June 28, 2024, to shareholders of record as of June 7, 2024. PepsiCo has a history of paying quarterly dividends since 1965, with 2024 being the 52nd consecutive year of dividend increases.

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Pepsi has announced the signing of football star Jack Grealish as their new global brand ambassador in a multi-year partnership. Jack will be featured in Pepsi's upcoming global football campaign alongside other star athletes like Vini Jr., Son Heung-min, and Leah Williamson. The campaign aims to provide unique and enjoyable football experiences for fans worldwide.
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GRANDMA'S® Cookies partners with Salt-N-Pepa to celebrate its new look with a remix of 'Who Stole the Cookie from the Cookie Jar?' and offers fans a chance to win $10,000. The iconic hip-hop duo co-wrote the remix and stars in a video on Instagram. Fans can enjoy weeks of exclusive content and prizes, including the grand prize of $10,000.
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Rockstar Energy Drink and Myke Towers announce GiL as the winner of 'Rockstar Energy Presents: Mic Check con Myke Towers' contest, a national campaign to discover the next Latin urban music star. GiL, a 25-year-old artist from Puerto Rico, will perform at a Myke Towers concert in 2024 after being selected for her talent and unique sound blending Trap, R&B, and Urbano genres.
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PepsiCo, Inc. announces the webcast of its virtual annual shareholders' meeting on May 1, 2024, at 9 a.m. EDT. Shareholders as of March 1, 2024, are eligible to participate and vote. The meeting will be virtual-only, accessible through a provided link or PepsiCo's website. To vote or ask questions, shareholders need their 16-digit control number. Guests without a control number can attend but cannot vote or ask questions.
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FAQ

What is the current stock price of PepsiCo (PEP)?

The current stock price of PepsiCo (PEP) is $158.62 as of November 15, 2024.

What is the market cap of PepsiCo (PEP)?

The market cap of PepsiCo (PEP) is approximately 218.4B.

What is PepsiCo known for?

PepsiCo is renowned for its extensive portfolio of food, snack, and beverage products, including well-known brands like Pepsi, Mountain Dew, Gatorade, Lay's, Cheetos, and Doritos.

Where is PepsiCo headquartered?

PepsiCo is headquartered in Purchase, New York.

What percentage of PepsiCo's revenue comes from convenience foods?

Approximately 55% of PepsiCo's total revenue is generated from convenience foods.

What recent partnerships has PepsiCo announced?

Recent partnerships include Lay's®, Sabritas®, Gamesa®, and Rockstar® Energy Drink sponsoring the Leagues Cup, and Gatorade partnering with Wrexham AFC.

Who is PepsiCo's latest global brand ambassador?

Jack Grealish is PepsiCo's latest global brand ambassador.

What new flavor did PopCorners introduce in May 2024?

PopCorners introduced a new limited-edition flavor, Jalapeño Popper.

When will PepsiCo release its second-quarter 2024 financial results?

PepsiCo will release its second-quarter 2024 financial results on July 11, 2024.

What is the pep+ (PepsiCo Positive) initiative?

pep+ (PepsiCo Positive) is PepsiCo's strategic transformation focusing on sustainability and human capital to create value and growth within planetary boundaries.

How does PepsiCo engage with the sport of soccer?

PepsiCo engages with soccer through partnerships like the multi-year sponsorship of Leagues Cup by Lay's®, Sabritas®, Gamesa®, and Rockstar® Energy Drink, and featuring Lionel Messi in Lay's soccer-themed commercial.

Where can I find more information about PepsiCo?

For more information, visit PepsiCo's official website at www.pepsico.com and follow them on social media platforms like Twitter, Instagram, Facebook, and LinkedIn.

PepsiCo, Inc.

Nasdaq:PEP

PEP Rankings

PEP Stock Data

218.43B
1.37B
0.15%
77.7%
1.27%
Beverages - Non-Alcoholic
Beverages
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United States of America
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