The Latest Breaking News from PEP

Someone with a lot of money to spend has taken a bullish stance on PepsiCo (NASDAQ:PEP). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

As beverage companies compete to grow their non-carbonated drinks divisions, energy drink companies have often been subject to buyout rumors. A terminated distribution agreement between an energy drink company and a leading beverage company is leading to more merger and acquisition speculation in the industry.

Although a slowdown in consumer prices in April and the expectation of a flat CPI for May indicate that inflation had reached its peak, the market volatility may not ease anytime soon with the fear of a looming recession. Given the prevailing uncertainties, it could be worth investing in quality…

Someone with a lot of money to spend has taken a bearish stance on PepsiCo (NASDAQ:PEP). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The stock market indices are regaining their lost ground, somewhat. However, the tech-heavy Nasdaq Composite remains in a bear market. Hence, we think the large-cap stocks of Comcast (CMCSA), Regeneron (REGN), Microsoft (MSFT), PepsiCo (PEP), and Sanofi (SNY) might be solid bets amid the market correction. Read on.

The Fed’s aggressive interest rate increases to fight high inflation has raised concerns about a potential recession. During times of market turmoil, companies in defensive sectors will likely perform better than the broader market owing to inelastic demand for their products. Thus, we think it could be profitable now to…

The Fed’s aggressive interest rate hikes and the high energy prices are likely to fuel recessionary conditions. The unexpected decline in GDP in the first quarter indicates a possible slowdown with prices rising continuously. Amid fears of high inflation and a consequent recession, investors can look to bet on shares…

Pulled from Benzinga Pro data, PepsiCo (NASDAQ:PEP) posted Q1 earnings of $4.27 billion, an increase from Q4 of 218.64%. Sales dropped to $16.20 billion, a 35.84% decrease between quarters.

Analysts have provided the following ratings for PepsiCo (NASDAQ:PEP) within the last quarter:

PepsiCo Inc (NASDAQ:PEP) reported first-quarter FY22 sales growth of 9.3% year-on-year to $16.2 billion, beating the consensus of $15.53 billion. Net revenue from Frito-Lay North America increased 14% Y/Y, Quaker Foods North America rose 11%, and PepsiCo Beverages North America climbed 5.5%. Latin America sales rose 19% Y/Y. The gross profit increased 7.6%…

  PepsiCo (NASDAQ:PEP) reported its Q1 earnings results on Tuesday, April 26, 2022 at 06:00 AM. Here's what investors need to know about the announcement.