press releases - Pepsico
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PEPSICO TO ACQUIRE SIETE FOODS FOR $1.2 BILLION
WEB4 days ago — PURCHASE, N.Y. and AUSTIN, Texas, Oct. 1, 2024 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) ("PepsiCo") today announced that it has entered into a definitive agreement to acquire Garza Food Ventures LLC, dba Siete Foods ("Siete") for $1.2 billion. The acquisition will complement PepsiCo's portfolio with the addition of an authentic, Mexican ...
PepsiCo’s second quarter profits jump but ... - Associated Press News
WEBJul 11, 2024 — PepsiCo reported higher-than-expected earnings in the second quarter but acknowledged that after raising prices every quarter for more than two years, customers are not buying as many of its snacks and drinks. PepsiCo said Thursday that North American demand for its Frito-Lay snacks was “subdued” during …
Price Increases Lead to Big Jump in Profit at PepsiCo - The New York Times
WEBJul 13, 2023 — PepsiCo reported a big jump in quarterly profit on Thursday, despite signs that customers are buying fewer cans of soda and bags of chips as the company continues to raise prices aggressively....
PepsiCo's results beat as international demand, higher prices drive ...
WEBApr 23, 2024 — PepsiCo beat Wall Street expectations for first-quarter revenue and profit on Tuesday as demand for its sodas and snacks like Cheetos and Doritos in international markets drove growth even as...
PepsiCo Announces Strategic End-To-End Transformation: pep+ (PepsiCo ...
WEBSep 15, 2021 — PepsiCo announced today new goals to cut virgin plastic per serving by 50% across its global food & beverage portfolio by 2030 1, using 50% recycled content in its plastic packaging and scaling...
PepsiCo lifts annual forecasts again on price hikes, steady demand
WEBJul 13, 2023 — PepsiCo Inc on Thursday raised its annual revenue and profit forecasts for the second time this year after the snacks and beverages giant comfortably beat quarterly estimates on price hikes and...
PepsiCo Issues New $1.25 Billion 10-Year Green Bond As …
WEBThe Company is already one of the largest users of food-grade rPET (recycled PET plastic) in the world, and the new Green Bond will enable PepsiCo to continue its work to increase the use of more sustainable product packaging including recycled, compostable and reusable materials.
PepsiCo beats Q1 revenue forecasts as price increases moderate | AP News
WEBApr 23, 2024 — PepsiCo reported better-than-expected revenue in the first quarter on strong international demand for its snacks and beverages. The Purchase, New York-based company said revenue rose 2% to $18.3 billion for the January-April period.
PepsiCo Beats Sales Estimates, Boosted by International Growth
WEBApr 23, 2024 — PepsiCo Inc. posted stronger-than-expected sales growth thanks to robust demand in its international divisions, while volumes dropped in North America.