Pepsico Inc Stock Price, News & Analysis

Gatorade has announced the return of its iconic 'Is It In You?' tagline with the largest campaign in its history. The campaign aims to inspire the next generation of athletes by focusing on their inner drive amid growing external pressures. The relaunch features a 60-second film narrated by Michael Jordan, showcasing stories from athletes like Josh Allen and Caitlin Clark. The campaign coincides with Gatorade's strong market position and continued expansion into new product categories like equipment and enhanced water.

PepsiCo (NASDAQ: PEP) will release its second-quarter 2024 financial results on July 11, 2024. The quarterly results, including the press release and 10-Q report, will be available on the company's investor relations website starting at 6:00 a.m. EDT. Prepared management remarks will be posted at 6:30 a.m. EDT. Additionally, a live Q&A session with CEO Ramon Laguarta and CFO Jamie Caulfield will take place at 8:15 a.m. EDT on the same day.

7-Eleven, Inc. introduces a new edition Gatorade flavor, Midnight Ice, available at 7-Eleven®, Speedway®, and Stripes® stores. The release offers customers two bottles for $5 and features a midnight-inspired color. Developed in collaboration with Gatorade, the new flavor aims to provide athletes with a refreshing and performance-boosting drink option.

Marias Gamesa® is reintroducing the Cafecito con Marias Gamesa campaign to provide a virtual community for Latina moms in the U.S. The brand partners with Super Mamás to discuss relationships and personal interests. A recent survey shows Latina moms feel overwhelmed and under-supported, despite having access to support systems. The new 'Márcale a Mamá' campaign emphasizes the importance of connecting with mothers. Virtual conversations and social media engagement aim to empower Latina moms.

PopCorners® introduces a new -time-only flavor, Jalapeño Popper, in celebration of the Kentucky Derby. Attendees can try the new flavor at the PopCorners Snackbook at Churchill Downs. Fans nationwide have a chance to win $20,000 and a Derby-style garland made of PopCorners by participating in a sweepstakes. The new flavor offers a mix of jalapeño heat and savory cheese, catering to the desire for spicier snack options.

Quaker has launched the Quaker Pickleball Academy, a series of free pickleball pop-up events across the U.S., in partnership with the Association of Pickleball Players. Players of all levels can join skills and drills sessions, enjoy nutritious recipes, and participate in tournaments. The Academy will make four stops around the country and will host a marquee event in Fall. Quaker aims to support the pickleball community and promote healthy lifestyles. Players can reserve a spot for events on the Quaker Oats website.

PepsiCo, Inc. declared a quarterly dividend of $1.355 per share, a 7 percent increase from the previous year. The annualized dividend will increase to $5.42 per share starting June 2024. The dividend will be payable on June 28, 2024, to shareholders of record as of June 7, 2024. PepsiCo has a history of paying quarterly dividends since 1965, with 2024 being the 52nd consecutive year of dividend increases.