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The Latest Breaking News from Ramon Laguarta

Pepsi was warned $7 for Doritos was too much. Now they are paying the price

PepsiCo started trying out lower prices in some areas last year, and CEO Ramon Laguarta said the higher sales from those cuts are exactly what the snack market needed

The Independent UK

Soda gets a Gen Z glow-up with new flavors and sizes

Coca-Cola and PepsiCo are testing TikTok-inspired flavors and smaller cans to lure young buyers.

Axios

PepsiCo Signals Strong Pipeline And Cost Discipline Driving Future Profit

PepsiCo, Inc. (NASDAQ:PEP) reported third-quarter adjusted earnings per share of $2.29, beating the analyst consensus estimate of $2.26. Quarterly sales of $23.937 billion (+2.6% year over year) outpaced the Street view of $23.827 billion.

Benzinga

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PepsiCo Q3 Preview: Beverage Giant Needs To 'Deliver More Than Just A Decent Quarter'

PepsiCo Inc (NASDAQ:PEP) aims to silence analysts who are lowering the stock's price target and an activist investor pushing for changes when it releases third-quarter financial results Thursday before the market close.

Benzinga

PepsiCo's $2 Billion Healthy Snacks Portfolio Thrives, No-Sugar And Energy Drinks Gain Ahead Of Protein Beverage Launch

PepsiCo Inc.‘s (NASDAQ:PEP) second-quarter earnings call showcased a robust strategy to capitalize on evolving consumer preferences, with its $2 billion permissible snack portfolio leading the charge.

Benzinga

PepsiCo Delivers The Fizz In Q2, Sweetens Outlook On Subdued Dollar Headwind

PepsiCo, Inc. (NASDAQ:PEP) shares are trading higher in the premarket session on Thursday, after the food and beverage giant reported second-quarter results.

Benzinga

PepsiCo CEO was grilled about GLP-1s by a 13-year-old on his Q1 conference call

The CEO responded seriously with a mention of the company’s “fiber and hydration solutions.”

Fortune

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What Wall Street's CEOs Are Saying About Trump's Tariffs

We're in the thick of earnings season and corporate America has plenty to say about the Trump administration's trade policy.

Kiplinger

PepsiCo agrees to meet with Al Sharpton over DEI cuts, potential boycott

Food and beverage giant PepsiCo has agreed to meet this week with civil rights advocates from the National Action Network to discuss the company’s recent decision to roll back some of its diversity, equity, and inclusion initiatives

The Independent UK

Which US companies are pulling back on diversity initiatives?

A growing number of prominent companies have scaled back or set aside the diversity, equity and inclusion initiatives that much of corporate America endorsed following the protests that accompanied the Minneapolis police killing of George Floyd, a Black man, in 2020

The Independent UK

Which US companies are pulling back on diversity initiatives?

The Independent UK

Differences bubble up between PepsiCo and Coca-Cola on diversity programs

PepsiCo and rival Coca-Cola are taking different paths on the issue of diversity

The Independent UK

PepsiCo Stock Falls Despite Earnings Beat, Dividend Hike

PepsiCo stock is lower Tuesday after the soft drink maker's top-line miss offsets an earnings beat and dividend hike. Here's what to know.

Kiplinger

PepsiCo Slashes 2024 Revenue View On Slower Snack Sales In America, Tepid International Markets

Previously, the company had anticipated a 4% growth, but it now expects a low-single-digit increase in organic revenue for 2024. However, PepsiCo has maintained its forecast for core constant currency earnings per share, projecting at least an 8% increase.

International Business Times

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Fortune

Say goodbye to $6 Cheetos—snack companies finally lower prices

$6 for a bag of chips has consumers looking elsewhere, executives said.

International Business Times

PepsiCo Feels Dire Effects Of Weak Demand For Sodas; Misses Expected Revenue For 2nd Quarter

PepsiCo missed the expected revenue for the second quarter due to slow demand for snacks and sodas.

Kiplinger

PepsiCo Stock Falls On Q2 Revenue Miss, Revised Outlook: What to Know

PepsiCo stock is trading lower after mixed second-quarter results and revised outlook. Here’s what you need to know.

Fortune

The corporate world is falling short in the fight against climate change

Only 20% of the top 1,000 companies have targets to reduce their emissions, a sign not enough leaders are taking climate change seriously.

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Fortune

Pepsi's CEO is keeping an eye on weight loss drugs, but shakes fears voiced by Walmart bosses it could hurt their bottom line

Fresh from raising annual earnings targets, CEO Ramon Laguarta told fearful investors other lifestyle trends like the snack-ifcation of meals is actually driving demand.

Benzinga

PepsiCo Q4 Earnings Top Estimates; Adopts $10B Share Buyback Program

PepsiCo Inc (NASDAQ:PEP) reported fourth-quarter FY21 sales growth of 12.4% year-on-year, to $25.24 billion, beating the consensus of $24.22 billion. Net revenue from Frito-Lay North America increased 13% Y/Y, Quaker Foods North America rose 9%, and PepsiCo Beverages North America climbed 13%. Latin America sales rose 16% Y/Y, Europe sales grew 8%. The…

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