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The Latest Breaking News from PepsiCo

PepsiCo Stock Falls On Q2 Revenue Miss, Revised Outlook: What to Know

PepsiCo stock is trading lower after mixed second-quarter results and revised outlook. Here’s what you need to know.

Kiplinger

PepsiCo second quarter profits jump, but demand continues to slip with prices higher

PepsiCo reported higher-than-expected earnings in the second quarter even as customer demand for its snacks and drinks continued to slip

The Independent UK

Stocks Tread Water Before the Open as Investors Brace for U.S. Inflation Data, PepsiCo Earnings on Tap

September S&P 500 E-Mini futures (ESU24) are down -0.09%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.10% this morning as market participants refrained from making any big bets ahead of a crucial U.S. inflation reading that could solidify expectations for Federal Reserve interest rate cuts later this year.

Barchart

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Compelling deal for Carlsberg but lacking in fizz for Britvic investors

Soft drinks maker puts on a display of verbal gymnastic as takeover helps Danish brewer to enlarge its UK business

The Guardian - UK

Carlsberg is pouring $4.2 billion into a deal with Pepsi and Lipton distributor Britvic as Gen Z shies away from alcohol

“It's very much a kind of growth-oriented acquisition, wanting to expand and invest," a Carlsberg spokesperson told Fortune.

Fortune

Carlsberg Quaffs British Soft Drinks Maker Britvic For GBP3.3 Bn

Danish brewer Carlsberg on Monday said that it had reached a deal to buy British soft drinks manufacturer Britvic for GBP3.3 billion ($4.2 billion).

International Business Times

UK drinks maker Britvic agrees £3.3bn takeover by Carlsberg

Danish brewer acquires owner of Robinsons, Tango and R White’s as it buys Marston’s stake in joint venture

The Guardian - UK

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Cup Noodles introduces s'mores flavor to break free from cheap-eats reputation and win over Gen Z

The packaged noodle brand is the latest to appeal to Gen Z’s eccentric taste for strange flavor combinations.

Fortune

PepsiCo’s Q2 2024 Earnings: What to Expect

As PepsiCo gears up to release its second-quarter earnings results next week, analysts project a modest single-digit profit surge on the horizon.

Barchart

Plastics companies blocked mitigation efforts and may have broken US laws – study

Paper outlines different legal theories that could help governments pursue accountability for harms

The Guardian - US

Pepsi lost the cola wars to Coke. Why is it struggling to hold on to second place?

Dr Pepper took the No 2 spot behind Coca-Cola last year. But the latest US sales figures don’t tell the whole story

The Guardian - US

How Is PepsiCo’s Stock Performance Compared to Other Mega-Caps?

PepsiCo has been recently outperforming other mega-cap stocks. However, Wall Street analysts are moderately optimistic about the stock’s prospects.

Barchart

Is Coca-Cola Stock Outperforming the Dow?

Despite persistent inflationary pressures, Coca-Cola outshines the Dow Jones Industrial Average Index, with Wall Street bullish about the stock’s prospects due to Coca-Cola's focused marketing efforts, innovation strategy, and optimized brand portfolio.

Barchart

Tesla Semi Impressions, Production Timeline Announced At ACT Expo

At the 2024 ACT Expo, attendees took test rides and got hands-on impressions of the Tesla Semi. The automaker also announced goals for volume Semi production.

InsideEVs

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Fortune

Ralph Lauren’s long-time CFO on preparing her successor—and what’s next after her COO tenure

Justin Picicci will succeed Jane Nielsen in the CFO role, effective May 23.

Barchart

6 Standout Stocks to Survive a 'Triple Whammy' of Consumer Headwinds

Investment bank Morgan Stanley believes these 6 underappreciated stocks with heavy consumer exposure have the strength to ride out stiff headwinds.

Golf Monthly

LIV Golf Appoints Pepsi Senior Executive As Chief Marketing Officer

Former PepsiCo senior executive Adam Harter has been appointed LIV Golf’s new Chief Marketing Officer

Top News

Pepsico Reports Strong Revenue Growth In First Quarter

PepsiCo's Q1 revenue surpasses expectations with international demand driving growth. Despite challenges, the company remains optimistic and adaptable.

Barchart

Stocks Find Support on Q1 Earnings and Lower Bond Yields

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.97%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.56%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.22%. US stock indexes this morning are moderately higher, with the Dow Jones Industrials...

Barchart

Stock Index Futures Inch Higher Ahead of U.S. PMI Data, Tesla Earnings on Tap

June S&P 500 E-Mini futures (ESM24) are up +0.32%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.34% this morning as investors awaited U.S. business activity data while also bracing for a deluge of corporate earnings reports.

Barchart

Stock Index Futures Tick Higher Ahead of U.S. PMI Data, Tesla Earnings on Tap

June S&P 500 E-Mini futures (ESM24) are up +0.12%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.23% this morning as investors awaited U.S. business activity data while also bracing for a deluge of corporate earnings reports.

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