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 (PEP) delivers a dynamic mix of beverages, snacks, and convenience foods across 200+ countries. This dedicated news hub provides investors and industry professionals with timely updates on corporate developments, financial performance, and strategic initiatives shaping the global food & beverage sector.
Access official press releases, earnings call transcripts, and analysis of key business moves – from product innovations to sustainability commitments. Our curated collection covers PEP's operational milestones across its beverage divisions (Pepsi, Gatorade) and Frito-Lay snack portfolio, alongside partnerships impacting the consumer packaged goods (CPG) landscape.
Bookmark this page for centralized access to PEP's latest:
• Quarterly earnings reports and dividend announcements
• New product launches and brand expansions
• Supply chain advancements and manufacturing updates
• ESG initiatives and leadership changes
Stay ahead of market trends with verified information directly from PepsiCo and trusted financial sources. Regularly updated to reflect the most impactful developments influencing PEP's position in the $800B+ global snack and beverage industry.
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 company's increase in its annualized dividend to $4.60 per share, effective June 2022. The dividend is scheduled for payment on June 30, 2022, to shareholders of record by the close of business on June 3, 2022. This marks the 50th consecutive annual dividend increase for PepsiCo, which has consistently paid dividends since 1965.
PepsiCo has expanded its "Team of Champions" initiative with the addition of 16 organizations, enhancing access to soccer for underserved communities, particularly Black and Hispanic youth. The company has committed $1 million over three years to support teams with equipment, coaching, and education. This year introduces the "Access for Champions" program to help students pursue athletic scholarships. The initiative aligns with PepsiCo's broader Racial Equality Journey, which aims for long-term community changes and increased representation in sports.
Tostitos is launching a vibrant campaign named Fiesta Remix for upcoming Cinco de Mayo celebrations. Partnering with actor Danny Trejo and singer Sofia Reyes, the campaign focuses on creative snack ideas and interactive fun.
Fans can participate in a TikTok Loteria challenge to win a custom 5-carat gold Tostitos Scoops necklace. The campaign website offers tailored party recommendations while promoting fun activities that blend music, food, and games. The campaign aims to enhance collective celebrations throughout the summer season.
On April 21, 2022, PepsiCo (NASDAQ: PEP) announced its upcoming virtual annual shareholders' meeting scheduled for May 4, 2022, at 9 a.m. EDT due to ongoing COVID-19 concerns. Shareholders as of March 1, 2022, will be able to vote and ask questions using a specific control number. The meeting will be accessible online, ensuring shareholder engagement despite the virtual format. PepsiCo continues to thrive with a robust product portfolio, generating over $79 billion in net revenue for 2021, promoting its vision of sustainability through the pep+ initiative.
Lay's FRESH 4D introduces a unique tasting experience at Coachella, offering festivalgoers freshly made potato chips sourced from local farms. Reservations for the immersive four-course dining open on April 6, with tastings available during the two weekends of the festival. Lay's showcases sustainability with chips made from 100% sustainably sourced potatoes and plans to use commercially compostable bags for popular flavors. This initiative aligns with PepsiCo's goal to design 100% recyclable packaging by 2025.
PepsiCo has launched the Jefa-Owned campaign under its Juntos Crecemos platform to support Latina entrepreneurs in the food and beverage sector. The initiative aims to provide personalized business assistance through an eight-week program focused on essential business skills, including SEO and marketing. The campaign was unveiled during the Nasdaq Opening Bell Ceremony, featuring the first-ever Jefa-Owned neon sign. PepsiCo has committed $172 million over five years to support Hispanic-owned businesses, highlighting the economic strength of Latina entrepreneurs.
Beyond Meat and PepsiCo launched Beyond Meat Jerky, the first product from their joint venture, Planet Partnership, on March 23, 2022. This nutritious, plant-based jerky offers 10g of protein per serving and is available in Original, Hot & Spicy, and Teriyaki flavors. The product is shelf-stable and distributed through various channels, enhancing accessibility. Dan Moisan, CEO of Planet Partnership, emphasized its role in delivering sustainable snack options. Founded in 2021, Planet Partnership aims to innovate food products that benefit health and the environment.
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