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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.
GENYOUth, a national non-profit, in collaboration with the PepsiCo Foundation and Frito-Lay, has announced the opening of ticket sales for the Taste of the NFL event during Super Bowl weekend. Scheduled for February 12, 2022, in Los Angeles, the event aims to combat food insecurity among students, supporting GENYOUth's End Student Hunger Fund and local initiatives. $1 million in funding from PepsiCo will aid in school meal programs and kitchen renovations. Celebrity chefs will participate, enhancing the culinary experience while raising awareness and funds to address child hunger.
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On January 5, 2022, Lay's, a brand under PepsiCo's Frito-Lay division, announced the launch of a new product line called Lay's Layers. This innovative snack features multi-dimensional potato bites available in two flavors: Three Cheese and Sour Cream & Onion. Priced at $4.09 for a 4.75 oz. bag, Lay's Layers offers a unique snacking experience that aims to attract new customers. The products will be available nationwide starting mid-January 2022.
Frito-Lay has launched its "New Year, New You" campaign featuring Rick Astley for the second consecutive year, promoting a positive approach to new year's resolutions. The campaign encourages consumers to embrace favorite snacks rather than give them up, aligning with Astley's iconic song "Never Gonna Give You Up." Kicked off on Christmas Day, the campaign includes a digital commercial and a contest for fans to share what they won't give up, with a prize pool of $18,000. The contest runs until February 27, 2022, and includes TikTok participation options.
On December 21, 2021, PepsiCo's Frito-Lay introduced Doritos Flamin' Hot Cool Ranch, combining two iconic flavors into a new spicy snack. This latest product is part of the growing Flamin' Hot line-up and will be available in 9.25oz bags for $4.79 and 2.75oz bags for $2.19. With the launch coinciding with the holiday season, the new flavor aims to attract both loyal fans and new consumers. Doritos Cool Ranch has been a staple for decades, and this innovation is expected to enhance brand engagement and consumer experience.
Ruffles, the Official Chip of the NBA, has announced a multi-year partnership with LeBron James to launch the 'Own Your Ridges™' campaign. The partnership aims to inspire fans to embrace their unique challenges and stories. The initiative kicks off with the 'Ruffles D.N.A.' TV campaign debuting on Christmas Day, featuring James and others sharing personal overcoming stories. Ruffles and the PepsiCo Foundation will also work with the LeBron James Family Foundation to support underserved communities through education and job training. This partnership is positioned to expand Ruffles' brand identity.
Gatorade honors Nick Singleton from Governor Mifflin High School as the 2021-22 Gatorade National Football Player of the Year. His impressive statistics include 2,043 rushing yards and 41 touchdowns this season. Singleton, who maintains a 3.51 GPA, will play for Penn State University. The award recognizes athletic excellence, academic achievement, and character, with Singleton selected from over one million high school football players. Gatorade's program has a legacy of over 35 years, celebrating athletes who excel both on and off the field.
Frito-Lay's Doritos is back as the Official Marketing Partner for Twitch Rivals, enhancing the Doritos Bowl on December 6, 2021. This year's event features four top Twitch creators competing in a variety of games, including a surprise fifth title. The tournament culminates in a $175,000 prize pool and offers fans a unique viewing experience as creators tackle unfamiliar games. Caio Correa, marketing director at Frito-Lay, emphasized the brand's commitment to delivering exciting experiences.
cbdMD, Inc. (NYSE American: YCBD, YCBDpA) has appointed Dave Johnson as Senior Vice President of Business Development. With over 30 years in the consumer goods sector, including 20 years at PepsiCo (NASDAQ: PEP), Johnson will spearhead cbdMD's initiatives in expanding retail distribution across the U.S. He believes the CBD industry will experience significant growth in the next two years, positioning cbdMD to capitalize on this trend through its brands, including cbdMD and Paw CBD, and the new cbdMD Botanicals line.
PepsiCo (NASDAQ: PEP) will release its fourth quarter and full-year 2021 financial results on February 10, 2022. Key details include:
- Press release at 6:00 a.m. EST.
- Management remarks at 6:30 a.m. EST.
- Live Q&A session at 8:15 a.m. EST with CEO Ramon Laguarta and CFO Hugh Johnston.
In 2020, PepsiCo achieved over $70 billion in net revenue, driven by a diverse food and beverage portfolio with 23 brands generating over $1 billion in annual retail sales each.