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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The Chicago Blackhawks Foundation and PepsiCo have partnered to launch the GameChangers initiative, providing career insights and resources to West Side high school students. Students gained hands-on exposure to various industries at PepsiCo facilities, aiming to create exposure opportunities and pathways to careers in sports, hospitality, and food & beverage.
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Pepsi announces the premiere date for its new series 'Talking Sabor' in collaboration with Chef Aarón Sánchez, showcasing Hispanic-owned small businesses across the U.S. The series celebrates Latin cuisine, culture, and community, featuring 16 restaurants in four major cities. 'Talking Sabor' is part of the Mejor con Pepsi campaign, highlighting the diversity of Latin cuisine and supporting Hispanic-owned businesses through the Juntos Crecemos platform.
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Cracker Jack and the National Baseball Hall of Fame partner to launch 'Cracker Jack at the Ballpark' exhibit, showcasing the snack's deep-rooted connection to baseball. The exhibit features historical artifacts and offers fans the chance to win a trip to Hall of Fame Weekend 2024.
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Miss Vickie's® Kettle Cooked Potato Chips launches in grocery and retail stores nationwide, initiating an art contest to feature a fan's work on a billboard. The brand aims to enhance consumer experience by showcasing original artwork inspired by their packaging illustrations.
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Lay's®, Sabritas®, Gamesa®, and Rockstar® Energy Drink have partnered to sponsor Leagues Cup 2024, a tournament featuring clubs from MLS and LIGA MX. The collaboration aims to enhance soccer fans' experience with a range of snacks and energy drinks, offering exclusive packaging, in-stadium experiences, and a sweepstakes for fans to win tickets to matches and the final.
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Frito-Lay Variety Packs partners with Hasbro in a campaign to bring joy and connection through snacks and gaming experiences. The campaign includes TV spots, a game experience with daily prizes, and -edition packs featuring popular Hasbro games.
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Frito-Lay awards $100,000 in scholarships to four students committed to community improvement. The scholarships aim to support higher education goals and education-related expenses. Employees from diverse backgrounds selected recipients based on their commitment to community service and the company's values.
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SunChips collaborates with astronaut Kellie Gerardi to launch a -edition Pineapple Habanero and Black Bean Spicy Gouda flavor during the solar eclipse, while also donating $50,000 to PepsiCo's Food for Good U.S. social enterprise.
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Lay's introduces the Flavor That Hits Home lineup, bringing back four fan-favorite flavors inspired by different regions across America. The campaign aims to evoke nostalgic memories of hometown dishes with offerings like Lay's Crispy Taco, Lay's BLT Sandwich, Lay's Fried Pickles with Ranch, and Lay's Kettle Cooked Lime & Cracked Pepper chips. The varieties are available nationwide and regionally, with pop-up sampling events planned in Chicago, Tampa, and Los Angeles.
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GENYOUth's 2024 Taste of the NFL event, supported by Frito-Lay, Quaker, and the PepsiCo Foundation, raised a record $2.0 million to benefit 1,000 schools and 550,000 students, providing access to 148 million school meals. School nutrition professionals can apply for Equipment Grants until April 9, 2024.
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FAQ
What is the current stock price of PepsiCo (PEP)?
The current stock price of PepsiCo (PEP) is $152.81 as of December 25, 2024.
What is the market cap of PepsiCo (PEP)?
The market cap of PepsiCo (PEP) is approximately 209.7B.
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
209.65B
1.37B
0.15%
77.6%
1.29%
Beverages - Non-Alcoholic
Beverages
United States of America
PURCHASE