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. 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.
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.
PepsiCo has elected Segun Agbaje as an independent member of its Board of Directors, effective July 15, 2020. Agbaje, the current CEO of Guaranty Trust Bank, brings extensive experience in business transformation and understanding of complex markets, particularly in Sub-Saharan Africa. His appointment is part of PepsiCo's strategy to expand in this region following the acquisition of Pioneer Foods. Agbaje will also join the Audit Committee, contributing valuable insights into technology and sustainable growth.
Nico Young from Newbury Park High School has been named the 2019-20 Gatorade National Boys Track and Field Athlete of the Year, marking a historic achievement as he is now the second athlete to win two Gatorade Player of the Year awards in the same year. Young's remarkable performance included a time of 13:50.55 in the 5000-meter run, breaking the state record by 11 seconds. His achievements reflect not only athletic prowess but also academic excellence with a GPA of 4.68. Young is a finalist for Gatorade Male High School Athlete of the Year, with the announcement set for July.
The Gatorade Company has named Taylor Ewert of Beavercreek High School as the 2019-20 Gatorade National Girls Track and Field Athlete of the Year. This prestigious honor recognizes her exceptional performance and character among over one million student-athletes nationwide. Ewert is a standout, holding multiple national high school records in race-walking and achieving top times in various track events. She maintained a 3.49 GPA and is set to run at the University of Arkansas. Previously, Gatorade award winners have included renowned athletes like Peyton Manning and Derek Jeter.
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On June 18, 2020, PepsiCo announced the launch of SodaStream Professional, an eco-friendly hydration platform designed for away-from-home channels. Following a successful pilot, this platform allows individuals to personalize and track their beverage intake digitally, aiming to reduce single-use plastic. Available commercially in fall 2020, SodaStream Professional caters to various locations, including workplaces and airports, promoting health and sustainability. PepsiCo's initiative could prevent 67 billion single-use plastic bottles from reaching landfills by 2025.
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