PepsiCo Inc. reported the fastest sales growth in at least a decade and raised its forecast, benefiting from thirsty consumers returning to restaurants, bars and stadiums and others diving into bags of chips.
July 13, 2021Pepsi News Updates
Big Fleets to Work Together on Enhancing Driver Visibility in Cab
Anheuser-Busch InBev, PepsiCo Inc., Republic Services and nongovernmental organization Together for Safer Roads announced a design challenge to improve fleet safety and save lives, calling the project the Truck of the Future.
November 23, 2020Pepsi Says Higher Prices Haven鈥檛 Quenched Consumer Demand
PepsiCo Inc. is getting a boost from higher prices on its drinks and snacks, a sign U.S. consumers still feel good amid recent indicators of a looming economic slowdown.
October 3, 2019At UPS, Brian Newman to Succeed Richard Peretz as CFO
UPS Inc. said PepsiCo executive Brian Newman will replace Chief Financial Officer Richard Peretz.
August 12, 2019PepsiCo to Switch From Plastic to Cans for Aquafina Water
PepsiCo Inc., facing an industrywide backlash against plastic, will experiment with putting its Aquafina water in cans.
June 27, 2019PepsiCo Shares Climb to Highest on Record
Call it the nostalgia factor: PepsiCo Inc. is getting a boost from some of its classic brands. The snack and beverage giant posted quarterly results that beat estimates, sending shares to the highest since at least 1980.
April 17, 2019PepsiCo Buys Wellness-Focused Muscle Milk in New CEO鈥檚 First Move
New PepsiCo Inc. CEO Ramon Laguarta has made his first acquisition, purchasing the maker of sports and wellness products Muscle Milk from Hormel Foods Corp. for an undisclosed amount.
February 20, 2019Pepsi Soothes Investors With Sales Growth, Plans for Payouts
PepsiCo Inc. rose in early trading as investors brushed off a lower profit forecast, instead focusing on sales growth in snacks and North American beverages and the company鈥檚 plans to return about $8 billion to shareholders this year.
February 15, 2019Coke Shares Drop Most Since 2008
Coca-Cola Co. plunged the most intraday in more than 10 years on Feb. 14 after the company released a lackluster forecast for 2019 and highlighted upcoming obstacles such as currency pressures, geopolitical tensions and weakening consumer sentiment.
February 14, 2019PepsiCo鈥檚 Beverage Business Bounces Back as New CEO Takes Over
Indra Nooyi is stepping aside amid signs of a turnaround in PepsiCo Inc.鈥檚 drinks business. The company鈥檚 struggling North American beverage unit returned to growth in the third quarter, helping the company beat earnings estimates as the longtime CEO hands the reins to deputy Ramon Laguarta on Oct. 3.
October 2, 2018