Justin Sullivan/Getty Images NewsIntroduction It's time to talk about my only investment in the consumer staples sector. PepsiCo (NASDAQ:PEP) was one of the first five stocks I bought for my dividend growth portfolio when I decided to go "all in" on dividend stocks in 2020. To me, buying PepsiCo was a no-brainer, as it had, and still has, all the qualities I'm looking for in a defensive investment. It has top-tier brands that come with pricing power. Especially in this market of sticky inflation, that' ...

Tim Boyle PepsiCo, Inc. (NASDAQ:PEP) is an American multinational food, snack, and beverage corporation. Founded in 1898, PepsiCo is now a $232 billion (by market cap) food and beverage behemoth that employs nearly 320,000 people. The company reports results across seven segments: PepsiCo Beverages North America, 30% of FY 2022 revenue; Frito-Lay North America, 27%; Europe, 15%; Latin America, 11%; Africa, Middle East, and South Asia, 7%; APAC (Asia Pacific), 6%; and Quaker Foods North America, 4%. The ...

Sofiia TiulenevaInvestment Thesis In this article, I explore how GLP-1 weight-loss drugs, from Eli Lilly (LLY) and Novo Nordisk (NVO), have impacted people and external industries. While partly discussing the significance of these drugs in the obesity management field, the predominant aspect of the article will emphasize their influence on the beverage market. For instance, I believe PepsiCo (PEP) will sustain its market sales in the snack division due to consumer habits, even though there was an initia ...

The Quaker Oats Company has added two dozen additional types of granola bars, cereals and snack foods to a December recall over possible salmonella contamination.The company, which is owned by PepsiCo. PEP, +0.69%, announced the additional recall in the U.S. and Canada on Thursday, after initially recalling products last month.The expanded recall includes Quaker Chewy Granola Bars and Cereals, Cap’n Crunch Bars and select cereals, Gamesa Marias Cereal, Gatorade Peanut Butter Chocolate Protein Bars, Munchies ...

PLANO, Texas, Jan. 10, 2024 /PRNewswire/ -- After 23 years of Super Bowl appearances, Doritos® is handing over its platform to spotlight the brand's latest innovation: Dinamita®. Doritos Dinamita will launch into the new year by exploding onto snack shelves with new spice-packed flavors and an unexpected new shape – and a fiery in-game commercial for Super Bowl LVIII.  Doritos Dinamita will launch into the new year by exploding onto snack shelves with new spice-packed flavors and an unexpected new shape ...

Super Bowl LVIII Weekend's Largest Philanthropic Culinary Event, Presented by Frito-Lay, Quaker, and the PepsiCo Foundation, Unveils Star-Studded Lineup of Chefs, NFL Players, and Culinary Experiences NEW YORK, Jan. 9, 2024 /PRNewswire/ -- Get ready for an unparalleled culinary, sports, entertainment and philanthropic experience as Taste of the NFL, presented by Frito-Lay, Quaker, and the PepsiCo Foundation, takes center stage during Super Bowl LVIII Weekend. Scheduled for February 10, 2024, from 3 p.m. to ...

Pepsi packaging are seen at the grocery store in Las Vegas, United States on November 17, 2023. ... [+] (Photo by Jakub Porzycki/NurPhoto via Getty Images)NurPhoto via Getty ImagesWe believe Campbell stock (NYSE: CPB) is a better pick than its sector peer, PepsiCo stock (NYSE: PEP), for the next three years. PEP stock trades at a slightly higher valuation multiple of 2.5x revenues compared to 1.4x for CPB due to its superior revenue growth and better financial position, as discussed below. There is more to ...

Carrefour calls PepsiCo price increases unacceptable, in signs posted on store shelves in Europe. Photo: julien de rosa/Agence France-Presse/Getty ImagesA breakup over grocery prices got messier Monday when PepsiCo said that it, not supermarket chain Carrefour , initiated the split. PepsiCo said that it had decided to stop supplying the chain’s European stores because the two sides hadn’t reached an agreement on a new contract. ...

The latest trading session saw PepsiCo (PEP) ending at $169.11, denoting a +0.1% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 1.41%. Elsewhere, the Dow gained 0.58%, while the tech-heavy Nasdaq added 2.2%.Coming into today, shares of the food and beverage company had gained 1.97% in the past month. In that same time, the Consumer Staples sector gained 2.02%, while the S&P 500 gained 2.9%.Market participants will be closely following the financial resul ...

The campaign features a new television commercial starring football legends Rob Gronkowski, Marshawn Lynch and Troy Polamalu as they rediscover the taste of victory – but this time with a chip-inspired twist. The former Super Bowl champions—with a combined seven Super Bowl victories between them – experience confetti bursting from bags of Lay's®, Cheetos® and Tostitos®. The pop of confetti transports them right back to the feeling of celebrating on football's biggest stage. "More than 90% of football fans ...