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. reports developments across a global beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. Recurring news covers brand innovation, Gatorade hydration science, sports and consumer campaigns, supply-chain and go-to-market technology, and updates tied to the company's international operations.
Company announcements also cover dividend actions, annual meeting communications, and PepsiCo Positive initiatives involving renewable energy, fertilizer decarbonization, and broader value-chain sustainability programs. These updates reflect the company's mix of packaged foods, carbonated soft drinks, sports hydration, and other beverage categories sold across global markets.
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.
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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.
Frito-Lay's recent Snack Index reveals consumers prioritize snacks during the Super Bowl, with 49% stating running out of snacks is worse than their team losing. The survey indicates that 62% prefer replenishing snacks during commercials. Party planning insights include starting gatherings early, with millennials leading interest. Flavor experimentation is high, with 71% eager to try new snacks. Additionally, 95% plan to include snacks in their Super Bowl dishes. The survey involved 2,000 U.S. adults from January 12-17, 2023, reflecting strong consumer engagement with snacks during significant events like the Super Bowl.
The Board of Directors of PepsiCo (NASDAQ: PEP) has declared a quarterly dividend of $1.15 per share, reflecting a 7% increase from the previous year. This dividend aligns with the annualized increase to $4.60 per share that started in June 2022. The payment date is set for March 31, 2023, for shareholders recorded by March 3, 2023. PepsiCo has a long-standing history of dividend payments, marking its 50th consecutive annual increase in 2022, reinforcing the company’s commitment to returning value to shareholders.
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Stacy's Pita Chips has announced its 2023 winners of the Stacy's Rise Project, a program aimed at supporting women entrepreneurs through grants and mentorship. This year, 14 female founders from the U.S. and Canada each receive $15,000 in funding, marking a total of over $1 million allocated since 2017. In conjunction with this announcement, the short film Rise, celebrating the resilience of women entrepreneurs, premieres at the Sundance Film Festival. The film includes contributions from notable figures like Reese Witherspoon and Rupi Kaur. Thirteen past Stacy's Rise Project winners' businesses will also be showcased at the festival.