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.
Frito-Lay Variety Packs has launched its Back-to-School Blast Off program, collaborating with actress Sonequa Martin-Green and STEM Next's Million Girls Moonshot. The initiative aims to inspire one million girls to pursue STEM careers by 2025, with a $100,000 donation to the program. Additionally, for every social media photo shared under #SpaceForHer, Frito-Lay will donate $20 (up to $50,000) to support the initiative. This year marks a continuation of Frito-Lay's efforts in STEM education, building on previous scholarships and mentorship programs for underrepresented communities.
PepsiCo has entered a strategic agreement to acquire a 20% equity stake in AQUA Carpatica, a premium Romanian spring water brand. This partnership allows PepsiCo to distribute the brand in Romania and Poland, with plans for further global expansion. AQUA Carpatica, known for its nitrate and sodium-free water sourced from the Carpathian Mountains, has established a strong market presence since its inception in 2010. The collaboration aims to enhance PepsiCo's premium beverage offerings and leverage AQUA Carpatica's brand equity in new markets.
Celsius Holdings and PepsiCo have announced a definitive long-term distribution agreement effective August 1, 2022. This agreement will transition Celsius' U.S. distribution to PepsiCo's established capabilities, enhancing market access. PepsiCo will also invest $550 million in Celsius via convertible preferred stock, giving it an 8.5% ownership stake with a 5% annual dividend. Celsius anticipates increased shelf space and growth opportunities as a result of this partnership, positioning both companies for success in the energy beverage market.
PepsiCo (NASDAQ: PEP) announced a quarterly dividend of $1.15 per share, marking a 7% increase from the previous year. This decision aligns with the company's commitment to enhancing its annualized dividend to $4.60 from $4.30, effective from June 2022. The dividend is scheduled for payment on September 30, 2022, to shareholders recorded by the end of business on September 2, 2022. PepsiCo has a storied history of consecutive dividends, marking 50 years of annual increases in 2022.
PepsiCo has issued a new $1.25 billion 10-year Green Bond to fund its pep+ sustainability agenda. This bond aims to support projects in Positive Agriculture and Value Chain initiatives, focusing on environmental sustainability. This is PepsiCo's second Green Bond following an earlier $1 billion issuance, which allocated proceeds across six continents. The company plans to publish annual updates on fund allocations, emphasizing alignment with UN Sustainable Development Goals.
On July 20, 2022, Kiki Rice and Colin Sahlman were honored as the Gatorade High School Athletes of the Year at an awards ceremony in Los Angeles. Rice, a standout in both basketball and soccer, and Sahlman, recognized for his excellence in cross country, were celebrated for their athletic achievements and character. The event marked Gatorade's return to in-person ceremonies and introduced NFTs for nominees, with proceeds benefiting Good Sports. Established in 1985, the Gatorade Player of the Year program recognizes elite high school athletes across various sports, highlighting their achievements on and off the field.
Cheetos and Bad Bunny have launched the Deja tu Huella Fund, committing $500,000 to support Hispanic communities in the U.S. and Puerto Rico. The fund will award $25,000 to 20 individuals making a positive impact. The initiative runs from July 18 to August 19, inviting participants to share their ideas on TikTok using hashtags #DejatuHuellaFund and #Entry. This campaign continues their partnership, which began in 2020, and complements PepsiCo’s $172 million commitment to support Hispanic communities over five years.
On July 12, 2022, Gatorade announced that Cade Flatt from Marshall County High School is the 2021-22 Gatorade National Boys Track and Field Player of the Year. Flatt was recognized for his exceptional athletic and academic performance, holding the No. 2 all-time high school 800-meter run record at 1:46.48. He outperformed fierce competition, leading to a prestigious win at New Balance Nationals Outdoor. Cade, who maintains a weighted GPA of 4.13, will continue his athletic career with a scholarship at the University of Mississippi.
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Gatorade has named Juliette Whittaker from Mount de Sales Academy as the 2021-22 Gatorade National Girls Track and Field Player of the Year. Whittaker's outstanding performance includes setting a national high school record in the 800-meter run at the USATF U20 Championships with a time of 1:59.04. The selection committee recognized her athletic and academic excellence, alongside her leadership and community service, as she maintains a GPA of 4.46 and has signed a National Letter of Intent with Stanford University.