Pepsico Inc Stock Price, News & Analysis

The PepsiCo Foundation, in collaboration with Doritos SOLID BLACK, has selected 16 Black nonprofit leaders for the 2023 Black Changemakers program. Each leader will receive a $50,000 grant along with leadership development training from Indiana University's Lilly Family School of Philanthropy. This initiative aims to address the underrepresentation of Black-led organizations, which generate 24% less revenue than their white counterparts. The program provides support in fundraising, leadership, and community impact, empowering participants to drive transformative change in their communities.

NBA legend Charles Barkley joins the Ruffles Chip Deal roster alongside LeBron James, Jayson Tatum, and A'ja Wilson in a new campaign. Ruffles introduces Hot Dog-flavored chips during NBA All-Star Weekend, celebrating Barkley as an honorary Chip Deal Athlete. The campaign promotes individual style and flavor through a new TV commercial, showcasing Barkley selecting flavors from a vending machine. Additionally, Ruffles is transforming a Salt Lake City restaurant for fans to enjoy Ruffles-inspired items on February 18 and will contribute to cancer research via the Ruffles 4-point Ridge Line during the All-Star Celebrity Game on February 17.

PepsiCo (NASDAQ: PEP) announced that Ramon Laguarta, CEO, and Hugh Johnston, CFO, will present at the Consumer Analyst Group of New York (CAGNY) Conference. This event will take place on February 22, 2023, at approximately 10:00 a.m. ET in Boca Raton, Florida. A live audio webcast and replay will be available on www.pepsico.com under the "Investors" section.

In 2022, PepsiCo generated over $86 billion in net revenue, driven by its diverse portfolio including brands like Lay's and Gatorade. The company aims to be a leader in beverages and convenient foods through its sustainability initiative, pep+.

On February 9, 2023, GENYOUth announced the completion of its Mission 57: End Student Hunger initiative, providing Grab and Go meal equipment to the Phoenix Union High School District. Supported by Frito-Lay, Quaker, and the PepsiCo Foundation, this initiative aims to combat food insecurity among students in Arizona. The program has delivered meal equipment to 22 schools and will allow access to over 8.5 million meals for approximately 31,000 students. With one in five children in Arizona facing food insecurity, Mission 57 represents a significant effort to enhance meal participation and combat hunger in schools.

Doritos, returning to the Super Bowl, features Jack Harlow, Elton John, and Missy Elliott in a creative advertisement emphasizing originality. The commercial, titled "Jack's New Angle," showcases Harlow struggling with his music until inspired by Doritos Sweet & Tangy BBQ. In addition, the brand launched a successful TikTok challenge, #DoritosTriangleTryout, leading to over one million video submissions. Doritos is set to engage fans in the Metaverse with unique digital experiences and prizes worth $20,000. The Super Bowl ad will air on February 12, and Frito-Lay's PopCorners will also debut a commercial during the event.

PopCorners, a snack brand under Frito-Lay North America, has announced its debut Super Bowl commercial, featuring a reimagining of the iconic show "Breaking Bad." This ad showcases the brand's air-popped, never fried popcorn snacks in seven flavors. The commercial will air during Super Bowl LVII, featuring original cast members Bryan Cranston, Aaron Paul, and Raymond Cruz, alongside the show's creator, Vince Gilligan. The campaign, titled "Breaking Good," aims to resonate with fans of the series while promoting the wholesome snack. This innovative marketing strategy reflects PopCorners' growth and increased visibility in the competitive snack market.

PepsiCo (NASDAQ:PEP) is enhancing support for local businesses in Phoenix ahead of Super Bowl LVII. Through its Juntos Crecemos initiative, the company is donating $50,000 and essential digital resources to five Hispanic-owned businesses to help them prepare for increased customer traffic. Each business receives $10,000 and access to digital marketing support valued at over $12,000, all aimed at boosting their operational capabilities. With an anticipated influx of visitors, these funds will aid in stocking supplies, hiring staff, and extending business hours, thereby aligning with PepsiCo's commitment to invest in the growth of Hispanic entrepreneurs.