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,
News
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PepsiCo, Inc. (NASDAQ: PEP) will release its fourth-quarter and full-year 2023 financial results on February 9, 2024. The release will include the press release, 10-K, and management remarks, followed by a live Q&A session with the CEO and CFO.
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Frito-Lay and Quaker reveal 2024 food and snacking trends, highlighting the time crunch dilemma, the integration of snacks into meals, and the rise of the Snack Savant. The survey indicates that Americans have limited time for meal preparation and are increasingly using snacks as a key ingredient in no-prep dinners.
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The Women's Sports Foundation (WSF) announced the 2023 grant recipients for the Sports 4 Life Program, co-founded with ESPN and supported by Gatorade. A total of $280,000 has been awarded to 40 organizations across 23 states, and Washington, D.C., helping to fuel and diversify sports opportunities for more than 5,300 girls across 25 traditional, non-traditional, and adaptive sports. Since its inception, the Sports 4 Life initiative has funded 219 organizations across 37 states, providing $2.3 million in grants to 80,000 girls participating in over 40 sports. The program supports community organizations that help girls in four foundational areas – leadership, confidence, self-esteem, and perseverance – fostering girls' physical and emotional health and academic success.
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Frito-Lay (FRIT) launches 'My Joy' campaign to amplify diverse creative voices
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Doritos (Doritos) unveiled a collaboration with global flavor innovator Empirical: Empirical x Doritos® Nacho Cheese Spirit, a limited-release beverage that brings the iconic flavor of Doritos Nacho Cheese Chips into the spirits aisle.
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Rockstar Energy Drink (RSED) and Myke Towers partner to launch 'Rockstar Energy Presents: Mic Check con Myke Towers' contest, offering emerging Latin urban music artists the chance to open for Myke Towers on stage in 2024. Aspiring artists can submit original song performances until January 23, 2024, for a shot at being handpicked by Towers and receiving ongoing preparation and an artist development fund from Rockstar Energy.
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PepsiCo (PEP) Employees in Chicago Volunteer Nearly 1,400 Hours and Donate Over $1.2 Million to Local Nonprofits, Announces $5 Million Investment in Career Resources for Chicago's South and West Sides
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PepsiCo (PEP) announced the third year of its global agriculture program, the Positive Agriculture Outcomes (PAO) Accelerator, with over $30 million in investments to support nearly 40 agricultural projects through 2028. The program aims to address urgent challenges facing agriculture and offers co-investment to accelerate diverse and results-driven Positive Agriculture projects, as well as funding for ag-tech start-ups. PepsiCo's goal is to spread the adoption of regenerative farming practices across 7 million acres by 2030, improve the livelihoods of more than 250,000 people in its agricultural supply chain, and sustainably source 100% of its key ingredients.
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PepsiCo Foundation to Award $70 Million in Scholarships through the Family Scholars Program, with Applications Now Open for 2024 Scholarships
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PepsiCo, Inc. (NASDAQ: PEP) Announces 10% Increase in Quarterly Dividend
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FAQ
What is the current stock price of PepsiCo (PEP)?
The current stock price of PepsiCo (PEP) is $158.33 as of November 18, 2024.
What is the market cap of PepsiCo (PEP)?
The market cap of PepsiCo (PEP) is approximately 218.1B.
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
218.08B
1.37B
0.15%
77.7%
1.27%
Beverages - Non-Alcoholic
Beverages
United States of America
PURCHASE