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) generates frequent news across capital markets, operations, sustainability and agriculture, reflecting its role as a global food and beverage company with a broad portfolio of beverage and convenient foods brands. On this page, readers can follow PEP news that ranges from strategic collaborations and technology initiatives to financial outlooks, shareholder communications and sustainability programs.
Recent announcements highlight PepsiCo’s focus on digital transformation and supply chain innovation. The company has announced a multi-year collaboration with Siemens and NVIDIA to apply digital twin technology and AI to its plant and supply chain operations. By converting select manufacturing and warehouse facilities into high-fidelity 3D digital twins, PepsiCo reports that teams can simulate and optimize configurations before physical changes are made, with early pilots in the U.S. and plans to scale globally.
Investors tracking PEP news will also see updates on financial priorities and shareholder returns. PepsiCo has outlined commercial and financial priorities intended to enhance shareholder value, including expectations for organic revenue growth, core constant currency earnings per share growth and core operating margin expansion in future fiscal years. The company has discussed productivity initiatives, cost reductions, supply chain and go-to-market optimization in North America, and a disciplined capital allocation framework that includes investment in the business, dividends and share repurchases, while emphasizing that these are forward-looking statements subject to risks.
PepsiCo news also frequently covers sustainability and regenerative agriculture. The company has launched and expanded programs such as the Climate Resilience Platform, a direct farmer incentive pilot in Brazil’s Cerrado region, the STEP up for Agriculture initiative and the Global Farmer Awards. These stories illustrate PepsiCo’s pep+ (PepsiCo Positive) agenda, which places sustainability and human capital at the center of its strategy and includes goals related to regenerative agriculture and climate resilience.
Additional PEP coverage includes dividend declarations, leadership and governance updates, and perspectives from major shareholders such as Elliott Investment Management. For anyone following PepsiCo stock, this news feed provides a centralized view of the company’s operational, financial and sustainability developments as disclosed in press releases and related communications.
PepsiCo has launched the Greenhouse Accelerator Program: Juntos Crecemos Edition, aimed at supporting Hispanic-owned food and beverage startups. Announced on April 10, 2023, this program offers a $20,000 grant and a six-month mentorship to ten selected businesses. This initiative is part of PepsiCo's broader $50 million commitment to aid diverse suppliers through its Racial Equality Journey.
The selected startups will tackle various business challenges with guidance from PepsiCo mentors, culminating in a virtual presentation of their progress in August. An additional $100,000 will be awarded in November to the most promising business, aiding further expansion.
PepsiCo aims to foster innovation and collaboration within the Hispanic food and beverage industry, reinforcing its commitment to uplifting diverse entrepreneurs.
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On April 4, 2023, Frito-Lay and Quaker launched a Greenhouse Learning Center at their R&D headquarters in Plano, Texas, aimed at accelerating the development of sustainable packaging. This innovative facility will field test and analyze compostable packaging to meet PepsiCo's pep+ goal of 100% recyclable, compostable, biodegradable, or reusable packaging by 2025. The center will significantly expedite the certification process for new packaging, moving products to market faster. The initiative underscores PepsiCo's commitment to sustainability and aims to set new industry standards while reducing greenhouse gas emissions from packaging.
The collaboration between Jack Link's and Frito-Lay introduces new beef jerky and meat sticks in Doritos® Spicy Sweet Chili and Flamin' Hot® flavors. This initiative, coupled with the #FlavorRevealContest on TikTok, invites consumers to engage with the brands and win prizes including a custom gaming system and $10,000 in cash. The new products are available for purchase online and at various retailers. This partnership aims to elevate the snacking experience by combining iconic flavors from both brands, appealing to fans of meat snacks and bold flavors alike.
Cracker Jack® is launching the I Am Cracker Jill Award to support nine young female athletes by providing each with
On March 31, PepsiCo celebrates National Jefa Day by covering the tab for the first 200 customers dining at select Latina-owned businesses nationwide. This initiative is part of the Jefa-Owned campaign, now in its second year, aimed at supporting Latina entrepreneurs through resources and visibility. The event kicks off with a brunch hosted by celebrity chef Lorena Garcia at Qusqo Bistro in Los Angeles. PepsiCo’s Juntos Crecemos initiative also includes the opening of applications for the IMPACTO Hispanic Business Accelerator in summer 2023. Notably, Latina-owned businesses have seen rapid growth, constituting the fastest-growing entrepreneurial segment in the U.S.
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Doritos is launching its exclusive After Dark event at SXSW on March 16, 2023 in Austin.
The event, held at Billboard House, features a sample of Doritos' ghost kitchen menu, including BBQ Pulled Pork Nachos and Flamin' Hot Limon Margarita Cheesecake. DJ Pee .Wee, the alter ego of Anderson .Paak, will entertain attendees. Fans can win tickets starting March 10 via a dedicated website or by visiting the 'Taste The Night' Tunnel. Doritos is also sponsoring THE STAGE at SXSW, allowing festival-goers to sample new dips. The event highlights Doritos' connection to pop culture and aims to provide an immersive late-night dining experience.
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