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 PepsiCo Foundation has invested over $20 million in scholarship programs across the U.S. in the last 5 years, awarding nearly 6,000 scholarships. In 2024 alone, the Foundation will have awarded more than 1,800 scholarships valued at nearly $8.4 million. The Foundation supports three signature programs:
- PepsiCo Foundation Family Scholars: Supporting children of PepsiCo employees
- PepsiCo Foundation S.M.I.L.E. Scholarship: Helping community college graduates attain 4-year degrees
- PepsiCo Foundation Uplift Scholarship: Promoting educational equity for underserved communities
These programs aim to create future employees and entrepreneurs by providing financial support, networking opportunities, and career guidance. The Foundation's efforts reflect its commitment to driving positive change and fostering economic growth and social mobility.
Doritos is reviving its iconic Crash the Super Bowl contest, challenging fans to create a better Super Bowl ad for a chance to win $1 million. The campaign, which ran from 2006-2016, returns with a bold twist, daring critics and creatives to prove they can outdo Doritos' own commercials. The winning ad will air during Super Bowl LIX on February 9, 2025, in New Orleans.
Submissions are open from September 19 to November 11, 2024. A panel of judges will select the top 25 entries, with fans voting for their favorite among three finalists in January. The contest aims to unleash creativity and give fans unprecedented control over the brand's advertising. Previous Crash the Super Bowl ads consistently ranked in USA TODAY Ad Meter's top five, reaching number one four times.
Guayakí Yerba Mate, the category leader in yerba mate, has appointed Hari Avula to its Board of Directors. Avula will lead the company's Audit Committee, bringing extensive experience from leadership roles in global consumer, retail, and healthcare services businesses. His background includes serving as chief financial and strategic officer of Clif Bar & Company, senior roles at Walgreens Boots Alliance Inc., and a 22-year tenure at PepsiCo, Inc. (NASDAQ: PEP), where he was CFO of Frito Lay North America.
Avula currently serves on the Board of Directors of Sprouts Farmers Market (NASDAQ: SFM) and Believer Meats. Robyn Rutledge, Board Executive Chair of Guayakí Yerba Mate, expressed confidence that Avula's financial expertise will complement the Board's existing capabilities in leading the newly-formed Audit Committee.
Flamin' Hot®, a PepsiCo (PEP) brand, has launched a new marketing campaign called 'Cheat on Flamin' Hot® Cheetos®' to promote its diverse portfolio of spicy snacks. The campaign, running from September 17 to November 30, 2024, features TV personality Gabby Windey and Chester Cheetah®. Fans can win a 'Flamin' Hot Burner Phone' with a year of free cell service and the chance to receive deliveries of various Flamin' Hot snacks.
The campaign encourages consumers to explore the 25 different snacks in the Flamin' Hot lineup, including varieties of Cheetos®, Doritos®, Ruffles®, Lay's®, Munchies®, Smartfood®, Funyuns®, and Fritos®. PepsiCo aims to inspire fans to be bold and explore new spicy options through this initiative, which builds on the Flamin' Hot University concept introduced in 2023.
Gatorade has launched Gatorade Hydration Booster, a new electrolyte drink mix designed for everyday hydration. This product features an advanced blend of electrolytes from watermelon juice, sea salt, sodium citrate, and potassium salt. It contains 100% daily value of essential vitamins A, B3, B5, B6, and C, with no artificial flavors, sweeteners, or added colors.
The product is available in three flavors: Strawberry Watermelon, Tropical Mango, and Citrus Berry, priced at $8.99 for a box of six packets. Gatorade is promoting the product through a campaign called 'Put Your Water to Work,' which will be featured across multiple platforms starting September 17, 2024. The company is also expanding its reach to lifestyle and wellness spaces through various partnerships and marketing strategies.
Rold Gold, the Official Pretzel Sponsor of the NFL, has launched a sweepstakes offering fans a chance to win prizes during the football season. The grand prize includes a $1,000 grocery store shopping spree with former NFL star Jerry Rice. Weekly prizes of NFLShop.com e-gift cards are also available. The contest runs through December 7, 2024.
Additionally, Rold Gold has introduced -edition NFL Team Bags for select teams, available in 16 oz Tiny Twist packages in the Northeast. This initiative aims to enhance football fandom and celebrate gameday snacking traditions. Rold Gold, with over 100 years of pretzel-making experience, continues to offer high-quality, versatile snacks suitable for various occasions.
Smartfood Popcorn launches its 'Flavor You Can Feel Good About' campaign, featuring rap icon Flavor Flav as the Flavor Genie. The campaign highlights Smartfood's lineup of air-popped popcorn with non-artificial flavors and less than 100 calories per cup. Flavor Flav swaps his iconic clock necklace for an oversized popcorn kernel called the Pop Clock.
The campaign includes an online video starring Flavor Flav and a social media contest where fans can win a replica of the Pop Clock. Smartfood offers five flavor variations: White Cheddar, Movie Theater Butter, Sweet & Salty Kettle Corn, Doritos Nacho Cheese, and Flamin' Hot White Cheddar. The brand aims to provide delicious snacking options that consumers can feel good about, balancing light texture with bold flavors.
Gatorade, the leading sports drink brand, is expanding its presence in football with a new campaign and athlete roster. The brand has signed NFL stars Lamar Jackson, Justin Jefferson, and Puka Nacua, along with Diana Flores, the first flag football athlete to join Gatorade. The company is also collaborating with fashion designer Kristin Juszczyk on a -edition drop celebrating inclusivity in football.
As part of its Equity in Sports initiative, Gatorade is investing over $600,000 to provide young athletes, especially female flag football players, with more access to sports. The brand's new campaign, 'You Know We Got 'IT'', features a film narrated by Lamar Jackson, showcasing various elite athletes from Gatorade's football roster.
PepsiCo (NASDAQ: PEP) has announced the timing for the release of its third-quarter 2024 financial results. The company will post its earnings report and related information on Tuesday, October 8, 2024, on its official website. The schedule includes:
- Press release and 10-Q at approximately 6:00 a.m. EDT
- Prepared management remarks (PDF format) at about 6:30 a.m. EDT
- Live Q&A session for analysts with CEO Ramon Laguarta and CFO Jamie Caulfield at 8:15 a.m. EDT
This announcement provides investors and analysts with a clear timeline for accessing PepsiCo's latest financial performance data and insights from top executives.
PepsiCo (PEP) has launched 'Taste of Tomorrow', a $350,000 initiative to increase Black representation in STEM careers, focusing on food science and technology at Historically Black Colleges and Universities (HBCUs). The program includes:
1. $250,000 in scholarships for STEM students across 9 HBCUs for the 2025 school year.
2. $100,000 for STEM resources at Florida A&M University and Prairie View A&M University.
3. R&D educational workshops and on-campus culinary innovations by Pepsi Zero Sugar and Doritos.
The initiative aims to address the underrepresentation of Black professionals in STEM, who currently make up only 9% of the workforce. PepsiCo is partnering with rapper and HBCU alum 2 Chainz to promote the program and inspire students.
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