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The Latest Breaking News from Ramon Laguarta

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

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

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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

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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

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

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

Fortune

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.

International Business Times

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.

Kiplinger

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.

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.

Fortune

Weight-Loss Drugs Aren't To Blame For The Snack Pullback. Pepsi Offers This Reason.

Weight-loss drugs aren't the reason for suppressed shopping cart spending in a shaky economy, Pepsi executives say.

Investors Business Daily

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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…

People

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