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.
PepsiCo, Inc. (NASDAQ: PEP) will release its Q3 2020 financial results on October 1, 2020, covering the period ending September 5, 2020. Key events include the posting of materials on their investor website at www.pepsico.com/investors around 6:00 a.m. EDT, a pre-recorded management discussion at 6:30 a.m. EDT, and a live Q&A session for analysts at 8:15 a.m. EDT. The company generated over $67 billion in net revenue in 2019, with a portfolio including brands like Frito-Lay and Gatorade.
PepsiCo (NASDAQ: PEP) announced a multi-year partnership with UEFA Women's football, enhancing its commitment to the sport. The five-year agreement, effective until Summer 2025, includes sponsorship of the UEFA Women's Champions League and various youth championships. PepsiCo aims to promote women's football globally, leveraging its presence established with the UEFA Men's Champions League. The partnership reflects the growing interest in women's football and PepsiCo's strategy to support sustainable growth in this area.
PepsiCo announced a unique initiative to bring the football tailgating experience home during the COVID-19 pandemic. They transformed the front yard of a dedicated Jets fan, Cindy, into a stadium-like setting, featuring a paved parking lot, team memorabilia, and a full suite of tailgating equipment. The campaign, part of their 'Made for Football Watching' initiative, also offers 20 fans a chance to win a 'Tailgate-in-a-Box' valued at nearly $5,000, complete with Pepsi-branded gear. This effort seeks to enhance the home-gaming experience for fans unable to attend games.
PepsiCo announced the winner of its North America Greenhouse program, awarding Spudsy, a female-owned company specializing in sweet potato snacks, a $100,000 grant. Spudsy's revenue grew over 240% through the program, which provided personalized mentorship amid COVID-19 challenges. The initiative aimed to support emerging brands by addressing business challenges and enhancing eCommerce capabilities. Spudsy's mission also focuses on reducing food waste by upcycling sweet potatoes, with plans to save approximately 1 million by 2021.
On August 19, 2020, PepsiCo announced the appointment of Roberto Azevêdo as Executive Vice President and Chief Corporate Affairs Officer, effective September 1, 2020. Azevêdo, previously Director-General of the WTO, will enhance PepsiCo's engagement with global stakeholders and advance its ESG strategy. Additionally, Jim Andrew was appointed Chief Sustainability Officer, also effective September 1, succeeding Simon Lowden. Andrew will focus on PepsiCo's Sustainability Agenda and oversee the SodaStream business. PepsiCo generated over $67 billion in net revenue in 2019 with a broad product portfolio.
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PepsiCo's Cheetos brand introduces Cheetos Mac 'n Cheese, merging the beloved snack with pasta. Launching on August 8, the product will be available in three flavors: Bold & Cheesy, Flamin' Hot, and Cheesy Jalapeño, priced at 98 cents each at Walmart stores. This innovation reflects Cheetos' culinary evolution and aims to capitalize on rising home meal trends. The collaboration leverages strengths from both Frito-Lay and Quaker Foods divisions, promising unique flavor experiences.
Gatorade has announced the winners of its 2020 High School Athlete of the Year awards, recognizing Paige Bueckers as the Female Athlete and Arik Gilbert as the Male Athlete. Bueckers, a standout basketball player from Minnesota, led her team to an undefeated record and was named Naismith Girls High School Player of the Year. Meanwhile, Gilbert, a top football prospect from Georgia, secured the state title for his school. Both athletes are noted for their significant achievements and community contributions, exemplifying excellence in sports and academics.
The Board of Directors of PepsiCo (NASDAQ: PEP) has declared a quarterly dividend of $1.0225 per share, marking a 7% increase from the previous year. This aligns with PepsiCo's annualized dividend increase to $4.09 per share, effective from the June 2020 payment. The latest dividend will be payable on September 30, 2020, to shareholders on record as of September 4, 2020. PepsiCo has consistently paid cash dividends since 1965, celebrating its 48th consecutive annual increase in 2020.
Doritos announces the return of its iconic "Crash the Super Bowl" campaign with "Crash from Home", inviting fans to create commercials for the NFL Kickoff weekend on September 13. Participants can win $150,000 and gain exposure through Doritos' social channels. Entries are due by July 28 and winners will be announced on August 3. This initiative builds on the successful history of the original campaign, which awarded over $7 million in prizes. Additionally, Doritos and parent company PepsiCo are investing in community support initiatives, including the #AmplifyBlackVoices campaign.