Elliott Investment Management has taken a $4 billion stake in PepsiCo as the activist hedge fund led by billionaire Paul Singer presses for changes to boost the company’s stock price.The Wall Street Journal first broke the news on Tuesday of Elliott’s position, now one of the soda maker’s biggest-ever investors, that helped lift shares in PepsiCo as high as 6%. The stock was recently up 1.9% at $151.43. 3 Elliott sent a letter to the PepsiCo board in which it laid out its aim of boosting the firm’s share ...

Highlights Rare Opportunity to Revitalize a Beloved American Company and Unlock Substantial Shareholder Value Seeks to Collaborate with Board and Management on Actionable Opportunities to Improve Performance Full Presentation and Letter Available at ElliottLetters.com/PepsiCo WEST PALM BEACH, Fla., Sept. 2, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together hold an investment of $4 billion in PepsiCo (NASDAQ: PEP) (the "Company" or "PepsiCo"), today sent a ...

来源：36氪 说到底，AI只是一个超级能干 却没有灵魂的"缝合怪"。 文｜狐妹 编辑｜不吃麦芽糖 来源｜科技狐（ID：kejihutv） 封面来源｜品牌宣传海报 8月28日，良品铺子正式致歉，承认因工作疏忽错误使用AI生成图片，并已对相关页面进行了更新修正。 离谱程度够吓人，连央视农业都急忙出来科普：花生作为豆科植物，果实应在土中生长，而不是挂在树上。 广告里还特意标注了"0反式脂肪酸"，这就更扯了，生花生才有营养成分可谈，可压缩饼干又不是卖生花生的。 这几天，知名零食品牌良品铺子，用一张图成功地让无数网友的CPU都烧干了。 在一款花生味压缩饼干的宣传图上，白白胖胖的花生果，就那么一颗颗、一串串地，悠然自得地挂在绿意盎然的枝头。 图片上还赫然印着"甄选吉林扶余四粒红花生"，好家伙，这甄选得可够彻底的，直接给人家花生都"提拔上树"了。 不少网友吐槽："审图的也是人工智能吗？" 狐妹还记得小学有没有落花生那一课，不过即便没看过，花生在土里生长也应该算常识吧，难道这年头都没人见过种花生吗？ 而且不止这一张，另外一张广告图背景像玉米地，还出现收割玉米的收割机正在收玉米的画面，同样不合常理。 为什么AI会犯这种低级错误 ...

近日，零食品牌脆脆鲨因直播间管理员称"吃了绝对不会抑郁"而遭到部分网友投诉，此事持续在社交平 台发酵。南都湾财社记者留意到，部分网友认为，该管理员内涵此前因官宣患有抑郁症而遭受颇多争议 的知名女星赵露思。 据多位网友发布的图片，该官方直播间管理员在弹幕发言解释称，这句话并非拿抑郁症开玩笑，而是有 部分艺人粉丝先在直播间捣乱。在社交平台，部分网友认为，品牌不应以此营销，但也有部分网友认 为"打工人没必要为难打工人"。 8月30日，脆脆鲨方面告诉南都湾财社记者，品牌第一时间进行内部核查，起因是"脆脆鲨官方旗舰 店"直播间后台账号管理设置中出现操作失误，将非雀巢及其授权店铺官方人员误设成直播间管理员。 脆脆鲨表示，为此次账号管理失误深感抱歉，事件发生后，品牌已快速对直播账号管理及运营流程进行 全面紧急排查与强化升级，坚决防止此类事件再次发生。 8月28日，虞书欣工作室发文称，针对以虞书欣为主体的造谣诽谤内容，该工作室已交由律师处理，所 有带目的制造谣言的人都会承担应有的法律责任。同日，泰和泰（上海）律师事务所宣布已经代理虞书 欣父亲虞丕杰名誉权案，指出部分言论"以背离事实真相的方式持续抹黑委托人（虞丕杰）的声誉及形 ...

Core Insights - PepsiCo, Inc. (PEP) is experiencing strong momentum in its PepsiCo Beverages North America (PBNA) division, which has achieved high-single-digit growth in away-from-home channels and gained market share in no-sugar colas and Gatorade sports drinks [2][9] - The Frito-Lay North America (FLNA) division is facing challenges in stabilizing volumes across its core snack portfolio, particularly with the Lay's brand, while making progress in subcategories like Cheetos and Doritos [3][4][9] - The overall performance of PepsiCo in Q3 2025 will depend on whether the strong growth in PBNA can offset the ongoing headwinds faced by FLNA [4] PepsiCo Beverages North America (PBNA) - PBNA has delivered high-single-digit growth in away-from-home channels and gained market share in no-sugar colas and Gatorade [2][9] - The division's focus on innovation, affordability, and functional hydration products is driving consumer demand [2][9] - Management believes that PBNA will remain a key growth driver in the latter half of 2025 [2] Frito-Lay North America (FLNA) - FLNA is struggling with volume stabilization, particularly in the potato chip segment and Lay's brand, while making progress in other snack categories [3][4][9] - The division is addressing challenges through relaunches that emphasize natural ingredients and "real food" positioning [3] - Management is rightsizing its manufacturing footprint and pursuing productivity savings, but excess capacity and workforce adjustments may impact near-term performance [3] Competitive Landscape - Compared to Coca-Cola (KO), which is heavily beverage-focused and has a more straightforward growth trajectory, PepsiCo faces challenges in its snacking business [5][6] - Mondelez International (MDLZ) benefits from strong pricing power in its snacking category, unlike PepsiCo's FLNA, which is currently under pressure [7] Stock Performance and Valuation - PepsiCo shares have gained 12.8% in the past three months, contrasting with a 0.5% decline in the industry [8] - The company trades at a forward price-to-earnings ratio of 17.89X, slightly below the industry average of 18.24X [10] - The Zacks Consensus Estimate for PepsiCo's 2025 earnings implies a year-over-year decline of 1.8%, while the 2026 estimate suggests a growth of 5.2% [11]

Core Viewpoint - PepsiCo is highlighted as a potentially "recession-proof" investment opportunity due to its strong business model and history of dividend increases, despite current challenges affecting its stock price [2][7]. Company Overview - PepsiCo is a leading player in the consumer staples sector, focusing on food and beverages, with well-known brands like Pepsi, Frito-Lay, and Quaker Oats [5]. - The company has a market capitalization of approximately $200 billion, providing it with the ability to consolidate promising brands and adapt to consumer preferences [5]. Business Model Strength - PepsiCo's business model is characterized by its resilience during economic downturns, as consumer staples are essential items that maintain steady demand [3]. - The company has a strong dividend history, being classified as a Dividend King with over five decades of annual dividend increases, indicating reliable execution and a solid business model [6]. Current Challenges - Despite its strengths, PepsiCo is currently facing challenges, with its stock price down over 20% from its 2023 highs, placing it in a personal bear market [9]. - The company's dividend yield has increased to 3.8%, providing an attractive income stream for investors during uncertain economic times [8]. Investment Considerations - Investing in PepsiCo may be beneficial during a recession, as consumer staples are viewed as safe haven stocks, potentially leading to better stock performance even in a bear market [10]. - Recent acquisitions, including a Mexican-American food maker and a pre-biotic beverage company, suggest that PepsiCo is returning to strategies that have historically driven long-term growth [12].

8 月 16 日，宁波海曙印象城因一场消夏狂欢节活动而热闹非凡。活动大使丁嘉文，为大家献上了一场精彩的夏日盛宴！ 下午 13:00，丁嘉文准时现身海曙印象城 B1 层老婆大人门店，以 "一日店长" 身份与粉丝见面。清爽装扮的他一出场就引发尖叫，热情为顾客扫码结账，亲 和力拉满。现场消费抽奖的环节，更是让门店人气爆棚。 作为活动合办方之一，同时也一直是老婆大人的肉类零食担当，恋上鸭在现场的陈列区备受关注。甜辣鸭脖、鸭翅、鸭锁骨等各式产品整齐陈列，加上消夏 狂欢节活动的主题陈列设计更加亮眼吸睛，吸引不少顾客驻足选购。丁嘉文一日店长活动期间，不少粉丝和顾客专门选购恋上鸭产品，用实际行动为这份美 味点赞。 在宁波海曙印象城，丁嘉文亮相见面会舞台，瞬间点燃现场气氛。他携手恋上鸭、老婆大人及雪花啤酒的可爱人偶们与粉丝亲密互动，粉丝们热情参与活动 游戏，近两个半小时的见面会热度始终未减。 此次活动让粉丝收获了难忘体验，也让恋上鸭品牌更深入人心。 恋上鸭品牌成立以来一直坚持鲜肉原料制作，以差异化的双卤工艺和科学灭菌保鲜技术，持续为消费者提供健康高品质的鸭肉零食产品。凭借卓越的市场表 现，恋上鸭于2025年获得全球权威咨询机构 ...

Core Insights - The Hershey Company has appointed Natalie Rothman as Chief Human Resources Officer, effective August 18, 2025, to lead its global HR function [1][3] - Rothman has over 25 years of HR experience and is recognized for her ability to build high-performing teams and modernize HR operations across various industries [2][3] Company Overview - The Hershey Company is a leading snacks company with over 20,000 employees globally, generating more than $11.2 billion in annual revenues from over 90 brand names in approximately 80 countries [5] - The company is committed to ethical and sustainable operations, with a long history of supporting education through initiatives like the Milton Hershey School [6] Leadership Experience - Rothman previously served as CHRO at Inspire Brands, where she implemented business process automation and AI tools to modernize HR operations [3] - At Advance Auto Parts, she led efforts to drive cultural change and enhance organizational capabilities through technology [3][4] Professional Affiliations - Rothman is a member of the New York and New Jersey Bar and the Human Resources Policy Association, and serves on the boards of Udemy and Pearce Services [4]

Core Viewpoint - The article discusses the transformation of traditional snack brands in Jinjiang, China, as they adapt to the rise of new e-commerce platforms like Pinduoduo, which has revitalized their brand presence and sales performance. Group 1: Historical Context - Jinjiang, a key city in the ancient Maritime Silk Road, has a rich cultural heritage that fostered a spirit of innovation and entrepreneurship among its people [1] - The snack industry in Fujian has a history of 30 to 40 years, with over 700 food companies in Jinjiang alone, producing well-known brands like Jincuan, Youchen, and Yake [3][4] - Many Jinjiang snack brands were slow to embrace e-commerce due to the success of traditional offline sales, leading to a delayed entry into the online market [3][4] Group 2: E-commerce Transformation - Traditional brands like Yake and Crayon Shin-chan faced challenges in transitioning to e-commerce, initially relying on third-party operators before deciding to build their own teams [5][6] - Pinduoduo has become a significant platform for these brands, offering better ROI compared to traditional e-commerce channels, with Yake achieving a store ROI of 1:10 on Pinduoduo [5][7] - Jinjiang brands are now focusing on younger consumer demographics, with Jincuan targeting the 18 to 25 age group on Pinduoduo, leading to significant sales growth [8][9] Group 3: Product Innovation and Consumer Engagement - Brands are rapidly iterating on products based on direct consumer feedback obtained through e-commerce platforms, significantly reducing the time to market for new products [9][11] - Jincuan has adapted its popular black sugar plums to meet consumer preferences, changing the product size and quantity while maintaining price points [9][10] - The collaboration with Pinduoduo's "small assistants" has enabled brands to better understand market trends and consumer preferences, leading to successful product launches [11][15] Group 4: Future Outlook - The article highlights the potential for domestic brands to rise in the snack industry, with Pinduoduo's support through initiatives like "100 Billion Subsidies" and "100 Billion Support" aimed at fostering brand growth [15][16] - There is a strong belief among industry leaders that the future of domestic snack brands is promising, with aspirations to elevate their status and compete on a global scale [15][16]

Core Insights - Utz Brands reported Q2 2025 GAAP revenue of $366.7 million, exceeding analyst expectations by $4.57 million, while Non-GAAP earnings per share were $0.17, missing estimates by $0.01 [1][2] - The company experienced a 2.9% year-over-year increase in GAAP revenue, driven by a 5.4% organic growth in branded salty snacks, which represent 88% of total sales [5][6] - Despite revenue growth, escalating costs constrained margins, leading to a significant 60.2% decline in net income compared to the previous year [2][7] Financial Performance - Non-GAAP EPS for Q2 2025 was $0.17, down 10.5% from $0.19 in Q2 2024 [2] - Adjusted EBITDA decreased by 2.0% to $48.7 million, while adjusted gross profit margin improved to 39.8%, up 2.2 percentage points year-over-year [2][7] - Selling, distribution, and administrative costs rose to $119.5 million, representing 32.6% of sales, up from 29.4% in Q2 2024 [7] Business Strategy - The company focuses on geographic expansion and investment in its "Power Four" product families, aiming to enhance operational efficiency and distribution [4][5] - Utz's retail sales increased by 3.3% in a category that saw a 1.5% decline, indicating strong consumer demand for its branded products [6] - The company is consolidating its supply network, closing a facility in Grand Rapids, Michigan, to drive productivity savings [8] Future Outlook - Management raised the organic net sales growth forecast for FY2025 to at least 2.5%, while adjusting the adjusted EBITDA growth guidance to a range of 7% to 10% [11] - The outlook for adjusted earnings per share was lowered to 7% to 10% growth due to increased capital expenditures and rising interest expenses [11] - The company aims to reduce its net leverage ratio to around 3 times by the end of FY2025, down from 4.1 times currently [12]