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PepsiCo working with “sense of urgency” on portfolio, costs
Yahoo Finance· 2025-10-10 14:37
Core Viewpoint - PepsiCo is actively reshaping its portfolio and reducing costs in response to scrutiny from activist investor Elliott Investment Management, emphasizing a sense of urgency in its strategic initiatives [1][3]. Group 1: Company Strategy - Elliott Investment Management, managing a $4 billion stake in PepsiCo, has called for a review of the company's food and drinks businesses in North America due to poor financial results [2]. - CEO Ramon Laguarta stated that most of Elliott's suggestions align with PepsiCo's Strategy 2030, indicating that the company is already acting on these ideas [3]. - Both PepsiCo and Elliott agree that the business is undervalued and see opportunities for improvement through urgent interventions [4]. Group 2: Innovation and Product Development - PepsiCo is relaunching its Lay's, Tostitos, and Gatorade brands, with a global rebrand for Lay's and a new lower sugar variant of Gatorade that contains 75% less sugar than the original [5]. - The company plans to eliminate artificial food dyes and flavors from Tostitos and Lay's by the end of the year and is launching a 'NKD' line for Doritos and Cheetos that will be free of artificial colors and flavors [6]. - Ongoing innovation includes the relaunch of Muscle Milk ready-to-drink shakes and a new Propel product targeting GLP-1 consumers, featuring special electrolytes, high fiber content, and good protein levels [7].
Brand Power Keeps PepsiCo (PEP) Ahead in Food Dividend Stocks
Yahoo Finance· 2025-10-10 03:08
PepsiCo, Inc. (NASDAQ:PEP) is included among the 14 Best Food Dividend Stocks to Buy According to Analysts. Brand Power Keeps PepsiCo (PEP) Ahead in Food Dividend Stocks PepsiCo, Inc. (NASDAQ:PEP) is an American beverage and snack company. Its beverage portfolio includes Pepsi, Mountain Dew, and Gatorade, and its food division has well-known brands such as Lay’s, Doritos, Quaker Oats, and Cheetos. The company has multiple revenue streams. Soda, water, sports drinks, energy drinks, snacks — all of that ad ...
Pepsi CEO is bringing fiber to snacks while Doritos and Cheetos get a 'naked' makeover
Yahoo Finance· 2025-10-09 21:16
PepsiCo (PEP) wants to help America get its daily fiber. "Fiber will be a big trend," CEO Ramon Laguarta told Yahoo Finance. "Consumers in the United States have deficiency of fiber, and we're innovating in fiber." Laguarta said the company is doubling down on snack innovation, with plans to launch "naked" versions of its iconic Doritos and Cheetos — stripped of artificial colors and flavors — as part of a push to appeal to more health-conscious consumers and parents. Other chips in the portfolio that w ...
PepsiCo CEO: We're aligned with Elliott on the idea that PepsiCo is undervalued
Youtube· 2025-10-09 15:14
Let's turn now to PepsiCo. Find out what's happening in the world economy and consumers. The company topped estimates thanks in large part to international sales growth.Though global volumes fell in the quarter. PepsiCo chairman and CEO Ramon Lagerta joins us now to discuss the quarter. It's good to have you back Ramon.Welcome. >> Hello. Hello Sarah.Good to see you. >> So it's good to see you. There there was some improvement that I wanted to mention in the beverage business and and certainly in internation ...
Delta earnings beat Wall Street expectations, PepsiCo narrowly beats earnings estimates
Youtube· 2025-10-09 14:59
Good Thursday morning from Yao Finance's New York City headquarters studios. I'm Yao Finance executive editor Brian Saz. You're watching Alliance uh Laundry Systems ringing the bell at the New York Stock Exchange.Ford Industries getting trading underway at the NASDAQ. It is government shutdown day nine and moving right on to earnings because hey, it looks like the government will still be shut down for the rest of the day and probably tomorrow. On the topic of earnings, we're seeing two well-received report ...
PepsiCo CEO: A major overhaul is underway
Yahoo Finance· 2025-10-09 13:04
PepsiCo (PEP) is doubling down on its snack business after years of declining volume growth. On Thursday before the market open, the company beat low earnings estimates from Wall Street in its third quarter report. But the snacking slowdown continued in the US: North America food revenue fell 3%, and units sold declined 4%. PepsiCo CEO Ramon Laguarta told Yahoo Finance that a major overhaul is underway. "The situation in the US is accelerating top line," Laguarta said in a phone interview. "We're very a ...
PepsiCo emphasises growth “acceleration” with new CFO on board
Yahoo Finance· 2025-10-09 12:58
PepsiCo has today (9 October) emphasised its “portfolio reshaping” efforts for a sequential acceleration in its third-quarter reported growth and a turnaround from the decline in the same period last year. Alongside the results, chairman and CEO Ramon Laguarta welcomed a new CFO in the form of Walmart executive Steve Schmitt, who he said will “play a crucial role as we accelerate growth”. Schmitt is set to join the US-based food and drinks giant on 10 November to replace the retiring Jamie Caulfield, a 3 ...
PepsiCo, fresh off a strong third quarter, says new products will soon boost customer demand
Yahoo Finance· 2025-10-09 10:16
PepsiCo expressed confidence Thursday that new products — including protein-infused Starbucks coffee, low-sugar Gatorade and Doritos with all-natural ingredients — will boost flagging consumer demand in the coming year. Rapidly changing consumer preferences have dogged the maker of Frito-Lay snacks and Pepsi beverages. PepsiCo said Thursday that its food business revenue fell 3% in North America in the third quarter. But PepsiCo Chairman and CEO Ramon Laguarta said Thursday that the company is moving qui ...
PepsiCo Announces New Chief Financial Officer
Prnewswire· 2025-10-09 10:00
Steve Schmitt Appointed Executive Vice President and Chief Financial Officer Jamie Caulfield to Retire Steve Schmitt Schmitt joins PepsiCo from Walmart, where he currently serves as Executive Vice President and Chief Financial Officer for Walmart U.S., overseeing the finance function for Walmart's multi-billion-dollar omni- channel U.S. organization and leading the core financial activities of Walmart's largest business unit. Schmitt joined Walmart in 2016 and served in multiple leadership positions in the ...
Jim Cramer Says “It’s Been a Very Tough Time for Shareholders of PepsiCo”
Yahoo Finance· 2025-10-08 09:34
Core Insights - PepsiCo, Inc. is facing challenges in its snack business due to the impact of GLP-1 drugs and changing preferences among younger consumers towards healthier options [1] - Elliott Management has taken a significant stake in PepsiCo, indicating a push for changes within the company, which may be revealed in the upcoming earnings report [1] - Despite recent difficulties for shareholders, PepsiCo's stock currently offers a 4% yield and maintains a strong snack franchise, particularly with its Frito-Lay brand [1] Company Overview - PepsiCo, Inc. is involved in the manufacturing, marketing, and selling of beverages and convenient foods, with well-known brands including Pepsi, Mountain Dew, Lay's, Gatorade, Doritos, Quaker, and Cheetos [2]