PepsiCo(PEP)

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PepsiCo Agrees to Buy the Remaining 50% Stake in Sabra and Obela
ZACKS· 2024-11-25 17:55
Core Insights - PepsiCo is positioned for growth due to strengths in core categories, a diversified portfolio, improved digital capabilities, and flexible distribution systems [1] - The company has agreed to acquire the remaining 50% interest in Sabra Dipping Company and Obela, making it the sole owner of these brands [1][2] Company Overview - Sabra and Obela were established as 50/50 joint ventures with the Strauss Group in 2008 and 2012, respectively, focusing on refrigerated dips and spreads [2] - Sabra is a leading hummus brand with nearly $400 million in retail sales in the U.S., while Obela operates in Australia, New Zealand, and Mexico [3] Strategic Initiatives - The acquisition is expected to conclude by the end of the year, with PepsiCo aiming to innovate and adapt its portfolio to meet rising consumer demand in North America [4] - PepsiCo is focused on enhancing efficiency through cost reduction and reinvesting savings to develop scale and core capabilities [5] Financial Performance - The company has implemented holistic cost-management initiatives to improve productivity, which have positively impacted its margins, with core gross margin expanding by 111 basis points and core operating margin by 73 basis points [6] - Despite these efforts, PepsiCo's shares have declined by 7.3% over the past three months, slightly better than the industry's 7.6% decline, attributed to challenges in North American operations and adverse currency rates [7]
Center for Employment Opportunities Denver Named a Top 100 Nonprofit in North America, Awarded PepsiCo Foundation Community Impact Award
Prnewswire· 2024-11-21 22:22
Core Points - The Center for Employment Opportunities (CEO) has received a 2024 Community Impact Award from the PepsiCo Foundation for its commitment to supporting justice-impacted job seekers [1][2] - CEO Denver has been recognized among 100 public charities and organizations in the U.S. and Canada for its dedication to community service [2] - The award will enable CEO to expand its services, helping individuals with criminal histories secure stable employment and achieve economic stability [3] Company and Industry Summary - The PepsiCo Foundation aims to create lasting change in communities by addressing issues such as economic opportunity, clean water, and food security through partnerships with local nonprofits [2][4] - CEO operates in 30 cities and focuses on providing support to individuals with recent criminal histories, ensuring they have the necessary preparation to enter the labor force [3] - The PepsiCo Foundation emphasizes the importance of local organizations in understanding and addressing specific community needs, thereby fostering effective and sustainable solutions [4]
One Stock I've Been Buying This Month And One I'm Looking To Buy
Seeking Alpha· 2024-11-15 12:10
With Donald Trump re-elected for a second term, the stock market has rallied. Particularly, companies in the financial and technology sectors have benefitted, seeing their share prices rise to new 52-week highs.Contributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due dili ...
Why Were Dividend King Stocks Coca-Cola, PepsiCo, and Procter & Gamble Falling After the Election?
The Motley Fool· 2024-11-13 10:17
The S&P 500 may be hitting an all-time high, but these three safe stocks are missing out.The broader indexes rallied after the election results, closing the week at all-time highs. But plenty of industry leaders were noticeably absent from the post-election run-up.Here's why Coca-Cola (KO -0.25%), PepsiCo (PEP 0.05%), and Procter & Gamble (PG -0.11%) are sitting on the sidelines but are three dividend stocks that could still be worth buying now. The consumer staples sector has slowedThe consumer staples sec ...
PepsiCo beats NY AG's ‘predatory' lawsuit accusing it of polluting environment
New York Post· 2024-11-01 18:23
Core Viewpoint - PepsiCo successfully dismissed a lawsuit from New York's attorney general accusing the company of environmental pollution due to single-use plastic packaging, with the judge criticizing the case as lacking merit [1][2][3]. Legal Proceedings - The lawsuit, filed by Attorney General Letitia James, claimed that PepsiCo and its Frito-Lay unit were responsible for 17% of the plastic waste in and around the Buffalo River, endangering the local water supply [2]. - Justice Emilio Colaiacovo ruled that it would contradict established legal norms to hold PepsiCo accountable, emphasizing that individuals, not the company, were responsible for littering [3][4]. Judicial Commentary - The judge expressed that while environmental stewardship is important, the lawsuit's claims were unfounded and did not contribute to solving the pollution problem [4]. - Colaiacovo highlighted that the judicial system should not be burdened with lawsuits that seek to impose liability without clear evidence of wrongdoing [4]. Company Response - PepsiCo expressed satisfaction with the ruling, reiterating its commitment to reducing plastic waste and promoting effective recycling [5][6]. - The company emphasized that its resources are better spent on collaborative solutions rather than on legal disputes [5]. Broader Context - The lawsuit against PepsiCo is part of a larger trend, with various state and local governments and environmental groups targeting companies that utilize plastic packaging [6]. - The ruling comes shortly after a similar lawsuit was filed by Los Angeles County against PepsiCo and Coca-Cola regarding their single-use plastic packaging [7].
Why PepsiCo (PEP) is a Top Growth Stock for the Long-Term
ZACKS· 2024-10-30 14:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? Developed a ...
3 Reasons to Buy PepsiCo Stock Like There's No Tomorrow
The Motley Fool· 2024-10-30 14:15
PepsiCo is a beverage giant, but it is so much more than that -- and it looks like the stock is fairly priced today. PepsiCo (PEP -0.46%) is one of those companies that has been run so well for so long that investors tend to afford it a premium valuation. When the stock dips down to a fair price, or maybe even a bit lower, you jump on it. That's point No. 3 for why you should buy PepsiCo like there's no tomorrow right now. But let's look at points 1 and 2 first. 1. PepsiCo does a lot of things very well Pep ...
Using Simple Mathematical Calculations To Value Coke Vs. PepsiCo
Seeking Alpha· 2024-10-29 12:30
Tom Werner/DigitalVision via Getty Images In my recently released book, The Hidden Power of Rising Dividends, I described my 40-year journey into finding methods of valuing stocks. My journey of valuation discovery was always about finding methods that worked, not ...
PepsiCo: Likely To Trade Rangebound Until Growth Is Apparent
Seeking Alpha· 2024-10-27 11:22
PepsiCo (NASDAQ: PEP ) is a fairly new holding in my portfolio. As a conservative investor who also focuses on growth, I thought what better company to add than Pepsi. They have faced their fair share of Contributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due diligence. ...
If I Could Buy 1 Dividend King Through the End of 2025, I'd Pick This High-Yield Value Stock
The Motley Fool· 2024-10-24 08:25
PepsiCo is poised to return to growth and looks like a great value now.Engaging in hypothetical exercises can be a great way to filter out the noise and focus on your highest-conviction ideas: companies that you believe are worth buying no matter what happens in the stock market through the end of 2025.Out of the thousands of publicly traded U.S.-based companies, a little more than 50 of them qualify as Dividend Kings, which are companies that have paid and raised their dividends for at least 50 consecutive ...