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.
Summary not available.
PepsiCo (NASDAQ: PEP) announced its goal to achieve "Net Water Positive" by 2030, aiming to replenish more water than it uses. The initiative emphasizes water stewardship, particularly in high-water-risk areas. PepsiCo has launched a $1 million program with WaterAid to enhance safe water access in Sub-Saharan Africa, expanding its ongoing efforts that have benefited over 59 million people since 2006. The company plans to adopt strict water-use efficiency standards to reduce usage by more than 50% at high-risk sites, with a broader ambition to provide safe water to 100 million people by 2030.
PepsiCo (NASDAQ: PEP) will release its third quarter 2021 financial results on October 5, 2021. The financial details will be available at approximately 6:00 a.m. EDT, followed by prepared management remarks at 6:30 a.m. EDT. A live Q&A session with CEO Ramon Laguarta and CFO Hugh Johnston is scheduled for 8:15 a.m. EDT. PepsiCo generated over $70 billion in net revenue in 2020 and aims to lead in the global convenient foods and beverages sector.
On August 5, 2021, PepsiCo (NASDAQ: PEP) announced the election of Edith W. Cooper to its Board of Directors effective September 1, 2021. With over 30 years of experience in management and human capital, Cooper previously served as Executive Vice President at Goldman Sachs. Her addition aims to enhance the board's diversity and financial expertise, aligning with PepsiCo's commitment to growth and shareholder value. Cooper co-founded a professional community in 2020 and sits on various non-profit boards, further enriching her qualifications.
On August 3, 2021, PepsiCo (NASDAQ: PEP) announced the sale of Tropicana, Naked, and select juice brands in North America and an option for Europe, generating approximately $3.3 billion in pre-tax cash proceeds. The deal retains PepsiCo a 39% interest in a joint venture with PAI Partners, which will lead the majority ownership. The juice businesses generated around $3 billion in net revenue in 2020, with operating profit margins lower than PepsiCo's overall margins. The transaction aims to strengthen PepsiCo's balance sheet and drive focus on healthier offerings.
Lay's has launched its new limited-edition "Flavor Swap®" lineup featuring two unique flavor mashups: Lay's Doritos Cool Ranch and Lay's Wavy Funyuns Onion. These innovative flavors combine popular snacks from PepsiCo's Frito-Lay division and are set to delight customers this summer. The chips will be available for $3.79 (7.5 oz) and $1.99 (2.625 oz) in grocery stores nationwide for a limited time.
This initiative highlights Lay's commitment to flavor innovation and consumer engagement.
Cheetos and Bad Bunny are launching the Deja tu Huella campaign's second phase with an exclusive adidas fashion collection and a student fund. The initiative offers fans early access to limited merchandise from August 6 by demonstrating Cheetle® on their fingers. Additionally, the Deja tu Huella Estudiante Fund will award $500,000 to students in the U.S. and Puerto Rico, with applications open until August 18. PepsiCo, the parent company, has pledged $275 million to Hispanic communities.
PepsiCo (NASDAQ: PEP) released its 2020 Diversity, Equity, and Inclusion (DEI) Report, highlighting its global strategy, 'A Space to be You'. Key achievements include:
- 41% gender parity
- 8% Black and 9% Hispanic representation, aiming for 10% managerial representation by 2025
- Over $35M investment in diverse suppliers in 2021
- $71 million for community support during COVID-19
The Board of Directors of PepsiCo (NASDAQ: PEP) has declared a quarterly dividend of $1.075 per share, marking a 5% increase from the previous year. This decision reflects the company's confidence, following an increase of the annual dividend to $4.30 from $4.09, beginning with the June 2021 payment. The dividend will be payable on September 30, 2021, to shareholders recorded by September 3, 2021. PepsiCo has maintained consecutive cash dividends since 1965 and celebrated its 49th consecutive annual dividend increase.
Gatorade has named Roisin Willis and Hobbs Kessler the 2020-21 Gatorade National Track and Field Players of the Year. Willis achieved multiple records, including an Under-18 world record in the 800m (2:00.78) and a state record in the 1,600m (4:41.46). Kessler broke the national prep record in the 1500m (3:34.6) and set a national record in the mile (3:57.66). Both athletes excelled academically, with Willis maintaining a 4.0 GPA and Kessler a 3.48 GPA. The award celebrates athletic excellence, character, and academic achievement.