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 ...

Carrefour, the French supermarket giant, has said it will no longer sell certain PepsiCo (NASDAQ:PEP) products in major markets across Europe due to “unacceptable price increases”, Reuters reported.   The move will affect products including Pepsi, Lay’s crisps and 7Up, at its stores in France, Italy, Spain and Belgium.   The French retailer’s decision is expected to impact more than 9,000 stores in those European markets, representing two-thirds of Carrefour’s global footprint.  It is part of a larger trend ...

One of the world’s largest supermarket chains is yanking popular PepsiCo Inc. products from shelves in Europe due to their high prices.France-based Carrefour S.A. CA, +0.93%, which operates more than 12,000 supermarkets worldwide, started removing items including Doritos and Lays chips, Pepsi and 7-Up soda, Lipton tea and Quaker foods from stores in France, Italy, Spain and Belgium on Thursday, according to multiple news reports.“We are no longer selling this brand due to unacceptable price increases. We ap ...

Key PointsPepsiCo could become an investor favorite in the coming months if the FED follows its rate-cut proposition.Its dividend yield and analyst growth expectations make it the more attractive alternative in its peer group. Price action offers a discount to Coca-Cola; if growth is what you're after, it is the place to be.5 stocks we like better than PepsiCoMarkets shift according to a straightforward selection process; as money becomes interested in better instruments or investments, money as a whole beg ...

The granddaddy of the colas is The Coca-Cola Company, with the Coca-Cola brand launching in 1886. The Pepsi-Cola Company, now PepsiCo (PEP 0.27%), wasn't far behind with its own Pepsi-Cola drink in 1898. And the two have locked horns for cola supremacy ever since.Neither Coke nor Pepsi was able to take down its cola competitor. So it wasn't long before these two companies upped the ante by developing comprehensive soda-brand portfolios. Nowadays, PepsiCo sells well-known sodas such as Mountain Dew, Pepsi Wi ...

PepsiCo, Inc. (NASDAQ:PEP) Q3 2023 Earnings Conference Call October 10, 2023 8:15 AM ET Company Participants Ravi Pamnani - Senior Vice President, Investor Relations Hugh Johnston - Vice Chairman and Chief Financial Officer Ramon Laguarta - Chairman and Chief Executive Officer Conference Call Participants Thank you, operator. Good morning, everyone. I hope everyone has had a chance this morning to review our press release and prepared remarks both of which are available on our website. Before we begin, plea ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) For the transition period from to Commission file number 1-1183 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 9, 2023 (36 weeks) OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 PepsiCo, Inc. (Exact Name of Registrant as Specified in its Charter) North Carolina 13-1584302 (State or Other ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 17, 2023 (24 weeks) OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-1183 PepsiCo, Inc. (Exact Name of Registrant as Specified in its Charter) North Carolina 13-1584302 (State or Other Juri ...

Financial Data and Key Metrics Changes - The company reported an impressive price mix result of 16% for the quarter, indicating strong pricing power despite inflationary pressures [3][60]. - The company raised its EPS guidance early in the year, reflecting confidence in its performance and a strong start to 2023 [31][92]. Business Line Data and Key Metrics Changes - In the snack food segment, Pioneer was a significant driver, although overall snacks volume was flat, while beverages saw a slight increase [6][20]. - The Frito-Lay North America division performed well, with strong growth in major brands like Lays, Doritos, and Cheetos, contributing to high margin growth [41][43]. Market Data and Key Metrics Changes - The company experienced strong demand across various markets, particularly in the U.S. and Europe, with a positive competitive environment noted [60][70]. - In China, the company gained market share, indicating a favorable consumer sentiment and optimism in the market [19][100]. Company Strategy and Development Direction - The company aims to maintain innovation and relevance in its product portfolio, focusing on large and growing categories, with plans for small organic expansions into adjacent areas [22][40]. - Investments in capacity and operational improvements are prioritized to support brand growth and margin expansion [18][43]. Management's Comments on Operating Environment and Future Outlook - Management noted improvements in labor availability, material flow, and transportation, contributing to better operational performance compared to 2022 [13][68]. - The company is cautious about potential macroeconomic challenges in the second half of the year, particularly in emerging markets with currency issues [94][96]. Other Important Information - The company is focusing on low-sugar and non-sugar products as part of its portfolio transformation strategy, with Pepsi Zero Sugar performing well post-reformulation [23][60]. - The transition of Gatorade to a direct store delivery system is impacting inventory levels but is expected to stabilize [70][74]. Q&A Session Summary Question: Update on competitive environment and pricing - Management indicated that the competitive environment remains strong, with pricing adjustments already made to cover cost increases, and inflation is decelerating [60][64]. Question: Insights on volume trends and consumer behavior - Management noted that consumer demand remains robust, with better-than-expected elasticities and improved productivity metrics [68][70]. Question: Expectations for market share and investment balance - The company aims to grow its business at or above category pace while expanding margins to mid-teens levels over the next 2 to 3 years [49][50]. Question: Impact of Gatorade distribution change on accounts payable - The increase in accounts payable is attributed to seasonal inventory build and significant capital projects, considered a one-off situation [74][96]. Question: Future investment priorities and inflation impact - The company continues to invest in digitalization and productivity, with expectations of easing inflation in certain SG&A areas, allowing for increased spending in others [97][98].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 25, 2023 (12 weeks) OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-1183 PepsiCo, Inc. (Exact Name of Registrant as Specified in its Charter) North Carolina 13-1584302 (State or Other Jur ...