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The Latest Breaking News from PepsiCo

Mid-Morning Market Update: Markets Open Lower; Dow Dips 300 Points

U.S. stocks traded lower this morning, with the Dow Jones dropping around 300 points on Tuesday.

Benzinga

PepsiCo Q1 Earnings Tops Estimates

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%…

Benzinga

PepsiCo: Q1 Earnings Insights

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.

Benzinga

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As inflation soars, how is AriZona iced tea still 99 cents?

Gas is nearly six bucks a gallon. Groceries are 8% higher than last year. Dollar stores: now dollar-and-a-quarter stores.

Los Angeles Times

5 Best Consumer Staples Stocks To Buy: Walmart, Coca-Cola And More

There is plenty of uncertainty and unpredictability in the stock market these days. Investors looking to play defense against rising interest rates, elevated inflation and geopolitical uncertainty can always turn to the consumer staples sector for some solid recession-resistant investments.

Benzinga

US Navy Warns Sailors About Drinking Pepsi's Hempseed Extract-Infused Energy Drink

PepsiCo (NASDAQ: PEP) announced in February that it was launching an energy drink infused with hemp seed extract called Rock

Benzinga

10 Weirdest Soft Drinks Of All Time: Kitty Piddle Soda, Eel Flavored Cola And Other Liquid Atrocities

In 1767, the English chemist Joseph Priestley conducted an experiment in a brewery that involved hanging a bowl of distilled water above a beer vat. This unlikely set-up resulted in carbon dioxide infusing the water, resulting in carbonated water.

Benzinga

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This Is What Whales Are Betting On PepsiCo

A whale with a lot of money to spend has taken a noticeably bearish stance on PepsiCo. Looking at options history for PepsiCo (NASDAQ:PEP) we detected 16 strange trades.

Benzinga

Analyst Ratings For PepsiCo

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

Benzinga

Special Initiative Supports 10 Arab Companies for Sustainability of Food, Beverage Sector

Global food and beverage company PepsiCo revealed an initiative to support ten companies in the Middle East and North Africa.

Asharq Al-Awsat

Subway, PepsiCo and more firms still trading in Russia 21 days since Ukraine war began

Hundreds of multinational corporations have cut ties with Russia as its military assault on Ukraine intensifies, bolstering the effects of western economic sanctions and redirecting their operations to serve desperate Ukrainian refugees - but others say it's too complex to simply drop out

Daily Mirror

JOB OF THE WEEK: Finance Systems Manager, Reading

PepsiCo is looking for a Finance Systems Manager to join on a full-time, permanent contract, working out of its Reading base.

Birmingham Post

McDonald's, Starbucks, PepsiCo, Coca-Cola suspend business in Russia

US beverage giants PepsiCo and Coca-Cola, along with fast food major McDonald's and coffeehouse chain Starbucks all announced on Tuesday that they were temporarily suspending their business in Russia in response to the country's invasion of Ukraine.

Dynamite News

McDonald's, Starbucks, Coke, Pepsi join exodus out of Russia

McDonald’s, Starbucks, Coca-Cola, PepsiCo and General Electric all announced Tuesday they were suspending their business in Russia in response to the country’s invasion of Ukraine

The Independent UK

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Benzinga

Coca-Cola Suspends Russian Sales, PepsiCo Weighs Options On Ending Business Unit

The Coca-Cola Company (NYSE: KO) announced the halting of its business operations in Russia, while rival PepsiCo Inc. (NASDAQ: PEP) is reportedly exploring several strategies on how to wind down its presence in the coun

The Independent UK

PepsiCo ‘reluctant’ to pull out of Russia but exploring options amid mounting pressure, says report

PepsiCo is facing mounting pressure from consumers, politicians and other Western businesses to take a stand over the invasion of Ukraine

Manchester Evening News

McDonald’s, KFC and Starbucks are among companies criticised for not pulling out of Russia

McDonald’s, KFC, Burger King, Coca-Cola, PepsiCo and Starbucks continue to operate in the country

The Independent UK

Yale professor releases list of companies staying in Russia as pressure mounts on Western companies

Major companies including McDonald’s, PepsiCo and Coca-Cola are coming under fire as they continue to refuse to take a stand against Russia’s invasion of Ukraine

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The Guardian - UK

Pressure grows on McDonald’s and Coca-Cola to suspend Russia operations

Calls for boycott include other big western food and drink companies such as PepsiCo, KFC, Starbucks and Burger King

Wales Online

McDonald's and Coca-Cola face boycott calls because of their response to Russia's war in Ukraine

Dragons Den investor Deborah Meaden posted: 'Can you stop drinking Coca Cola please'

The Independent UK

Calls grow to boycott Coca-Cola, McDonald’s and PepsiCo as major firms stay in Russia

Three Ukrainian supermarket chains pulled Coca-Cola products from store shelves and the hashtags #BoycottCocaCola, #BoycottPepsi and #BoycottMcDonalds were trending on Twitter

Daily Mirror

McDonald's under pressure for failing to boycott Russia as Ukraine war escalates

Several huge companies have so far remained silent on whether they will sever links with Russia, with McDonald’s and PepsiCo being called out for continuing to trade in the country

Zenger

Shipping Pallets, Polystyrene Get A Sustainable Makeover

UBQ Materials collaborates with PepsiCo on pallets and with Resirene to incorporate its plastic replacement into polystyrene.

Benzinga

Analyst Ratings For PepsiCo

PepsiCo (NASDAQ:PEP) has observed the following analyst ratings within the last quarter:

Benzinga

PepsiCo's Return On Capital Employed Overview

According to Benzinga Pro data PepsiCo (NASDAQ:PEP) posted a 40.21% decrease in earnings from Q3. Sales, however, increased by 25.06% over the previous quarter to $25.25 billion.

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