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PepsiCo Declares Quarterly Dividend Of $1.0225 Per Share
Pepsico Inc Says Qtrly Frito-Lay North America Gaap Reported Revenue Up 7%
Pepsico Says Environment Remained Volatile And Much Uncertainty Remains About Duration And Long-Term Implications Of Pandemic
PepsiCo, Inc. is a global food and beverage company. The Company's portfolio of brands includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. The Company operates through six segments: Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), North America Beverages (NAB), Latin America, Europe Sub-Saharan Africa (ESSA), and Asia, Middle East and North Africa (AMENA). The FLNA segment includes its branded food and snack businesses in the United States and Canada. The QFNA segment includes its cereal, rice, pasta and other branded food businesses in the United States and Canada. The NAB segment includes its beverage businesses in the United States and Canada. The Latin America segment includes its beverage, food and snack businesses in Latin America. The ESSA segment includes its beverage, food and snack businesses in Europe and Sub-Saharan Africa. The AMENA segment includes its beverage, food and snack businesses in Asia, Middle East and North Africa.
700 ANDERSON HILL RD
Ramon L Laguarta
Chairman of the Board, Chief Executive Officer
Hugh F. Johnston
Vice Chairman, Executive Vice President, Chief Financial Officer
Chief Executive Officer, Europe
Chief Executive Officer, Latin America
Chief Executive Officer of Asia Pacific, Australia, New Zealand and China
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Wall Street's main indexes opened higher on Monday, with the Nasdaq notching up a new record high as investors cheered signs of progress in COVID-19 vaccine development and an upbeat start to the second-quarter earnings season by Pepsi.
PepsiCo Inc <PEP.O> beat analysts' estimates for quarterly revenue and profit on Monday, as people stocked up on its snacks including Tostitos, Cheetos and Doritos before hunkering down in their homes due to coronavirus-related restrictions.
PepsiCo Inc beat analysts' estimates for quarterly revenue on Monday, as its snacks business benefited from a surge in at-home consumption of salty snacks such as Fritos and Cheetos during lockdowns triggered by the COVID-19 pandemic.
PepsiCo Inc <PEP.O> will stop advertising on Facebook Inc <FB.O>, FOX Business Network reported https://www.foxbusiness.com/markets/pepsi-facebook-ad-boycott on Sunday, citing sources.
PepsiCo Inc <PEP.O> said on Wednesday it will change the name and brand image of its Aunt Jemima pancake mix and syrup which have been criticized as racist amid a national debate over racial inequality in the United States.
The corporate response to a wave of protests over the treatment of African-Americans has included pledges to increase diversity, donations to civil rights groups and, in some cases, changes in policies or practices long sought by critics.
Mars Inc is "evaluating all possibilities" regarding changes to its Uncle Ben's rice brand image, the food company told Reuters on Wednesday, following news that PepsiCo Inc <PEP.O> was dropping its Aunt Jemima brand.
PepsiCo <PEP.O> warned on Tuesday surging demand for Lays and Doritos would only partially offset a hit to business in the second quarter from coronavirus lockdowns that have shuttered restaurants, theaters and sports venues key for its soda sales.
PepsiCo Inc reported a rise in first-quarter revenue, but ditched its full-year forecast on Tuesday, citing uncertainty around the globe due to the novel coronavirus pandemic.
* HIGHLIGHTS INCLUDE STRATEGIC PARTNERSHIPS WITH NESTLÉ WATERS, PEPSICO AND SUNTORY BEVERAGE & FOOD EUROPE, WHICH HAVE JOINED PET CONSORTIUM FOUNDED WITH L'ORÉAL
PepsiCo Inc <PEP.O> on Wednesday made its biggest bet in the energy drinks market with a $3.85 billion deal to buy Rockstar Energy Beverages, opening a new front in its long-running battle with Coca-Cola Co <KO.N>.
PepsiCo Inc is nearing a deal to buy energy drink maker Rockstar Energy for $3.85 billion, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
PepsiCo Inc <PEP.O> has agreed to buy Chinese snack brand Be & Cheery from local jujube maker Haoxiangni Health Food Co Ltd <002582.SZ> for $705 million, the companies said.
PepsiCo Inc <PEP.O> reported quarterly revenue and earnings ahead of market expectations on Thursday, driven by demand for its healthy snacks, trademark sodas and Gatorade energy drinks, but its conservative 2020 outlook sent shares lower.
PepsiCo Inc forecast 2020 earnings below Wall Street estimates on Thursday and predicted slower organic revenue growth than last year.
South Africa's Competition Commission conditionally approved PepsiCo's Inc $1.7 billion takeover of food and drinks producer Pioneer Food Group Ltd on Tuesday, saying it is unlikely to lessen competition in relevant markets.
Food and drinks company Pioneer Food Group Ltd on Monday reported a 6% fall in full-year profit and said it expects its takeover by PepsiCo Inc for $1.7 billion to be finalised in early 2020.
PepsiCo Inc <PEP.O> benefited from an ad blitz in the third quarter, beating profit and sales estimates, as more health-conscious consumers bought its low-calorie beverages and snacks in North America.
PepsiCo Inc beat quarterly revenue estimates on Thursday, as ramped up advertising boosted demand for the company's sodas and snacks.
Israel's securities regulator said on Tuesday it was investigating a senior executive at carbonated drink-machine maker SodaStream on suspicion of insider trading prior to its $3.2 billion acquisition by PepsiCo <PEP.O> last year.
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