The Latest Breaking News from PepsiCo Inc

From Riseandshine Corp. v. Pepsico, Inc., decided today by the Second Circuit, in an opinion by Judge Pierre Leval joined by Judges Denny Chin and Steven Menashi: In a trademark dispute …, PepsiCo, Inc., the Defendant, which marketed a canned energy drink under the mark "MTN DEW RISE ENERGY," appeals…

PepsiCo (PEP) surpassed Wall Street earnings and revenue estimates for its fiscal second quarter and raised its revenue outlook despite the economy suffering multi-decade high inflation. The company believes costs will rise further in the upcoming months, and it must manage costs to protect its margins. So, will it be…

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…

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…

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%…

High inflation, intensifying supply chain disruptions, and rising energy prices are leading to a market downturn. Therefore, it could be wise to bet on non-cyclical stocks Diageo (DEO), PepsiCo (PEP), Unilever (UL), CVS Health (CVS), and Altria Group (MO), which are expected to survive a bear market because of the…

PepsiCo Inc (NASDAQ:PEP) revealed a new highly limited-edition flavor, Pepsi Maple Syrup Cola, in partnership with the IHOP restaurant chain, franchised by affiliates of Dine Brands Global Inc (NYSE:DIN). Pepsi Maple Syrup Cola will only be available through the #ShowUsYourStack program on Instagram and Twitter app. People can post a photo or video of…

Beyond Meat Inc (NASDAQ:BYND) and PepsiCo Inc (NASDAQ:PEP) launched Beyond Meat Jerky, the first product from the two companies' joint-venture, Planet Partnership, LLC. The plant-based jerky will be rolled out at stores nationwide starting in March. Beyond Meat Jerky is marinated and slow-roasted to offer the taste of beef jerky in three flavors, Original, Hot…

Cigarette maker Philip Morris International Inc (NYSE:PM) is the latest joiner in the list of multinationals stepping back from Russia. Nestle SA (OTC:NSRGY) and Imperial Brands PLC (OTC:IMBBY) have also joined the list of companies giving in to pressure from consumers to take a stand against the war in Ukraine, Reuters reported. Consumer goods giants including Proctor & Gamble…

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…

AMC Entertainment Holdings Inc (NYSE: AMC) is trading higher Wednesday after the company announced the hiring of a former PepsiCo Inc (NASDAQ: PEP) executive to oversee its popcorn business expansion.