PepsiCo’s North American snack and beverage businesses continue to slow down in its third quarter of 2024, as the company adjusts its forecast from 4% organic revenue growth for the year to low single digits amid continued pressures but beats Wall Street...
Letters sent by Senator Elizabeth Warren (D-Mass.) and Representative Madeleine Dean (D-Penn.) to the CEOs of Coca-Cola, General Mills and PepsiCo express concern over pricing and tax practices that, according to the policy makers, “squeeze profits out...
The acquisition of the Texas-based family-owned maker of Mexican-inspired snacks and foods marks a significant step for PepsiCo, aligning with its strategy to expand its health-conscious and multicultural offerings.
With Coca-Cola and Bacardi’s RTD cocktail announced for a 2025 launch, we take a look at some of the other big name partnerships between soft drink giants and beverage alcohol heavyweights in this space.
When PepsiCo recently surpassed its goal of 25% improvement in operational water-use efficiency from a 2015 baseline in regions facing high water risks two years ahead of schedule it was not because the company hit a lucky home run, according to Bryan...
PepsiCo China has revealed its snacking strategies based on localisation and indulgence that have successfully captured and retained the interest of younger local consumers in the market.
PepsiCo is sticking with its fiscal 2024 guidance, after releasing its first-quarter results yesterday, which showed fresh challenges for the food and beverage giant as volumes decreased across its core US businesses amid fierce competition and ongoing...
On a trajectory to become one of PepsiCo’s next billion-dollar brands, bubly has been making a splash as a fun-loving sparkling water brand. New launch bubly burst is set to expand the brand’s appeal by tapping into a market of consumers looking for stronger...
PepsiCo is expanding beyond snacks and beverages by going after more meal occasions and dayparts while continuing towards its nutrient goals outlined in its pep+ agenda, CEO Ramon Laguarta said at the Consumer Analyst Group of New York conference this...
PepsiCo’s net sales declined for the first time since the start of the COVID pandemic due to lower volumes as consumers pushed back against higher prices, and supply-chain issues, the company reported Friday in its fourth quarter and 2023 full-year results.
PespiCo’s flagship energy drink – Rockstar Energy – is out with a new functional mushroom-infused beverage line called Focus, designed to provide an energy and mental boost, Danielle Barbaro, VP of PepsiCo North America Beverages R&D, told FoodNavigator-USA.
Having unveiled a new logo and visual identity system in the US last year, Pepsi is now rolling out its new look globally in a bid to appeal to younger consumers and help ‘shake up the cola category’.
European supermarket giant Carrefour has stopped selling PepsiCo products in France, Belgium, Italy and Spain: citing 'unacceptable' price increases from the American drinks and snacks giant.
PepsiCo is using Rockstar Energy as the core of its energy-drink strategy, while leveraging its partnership with Celsius to tap into leading consumer trends, Fabiola Torres, GM & CMO, SVP Energy Category at PepsiCo, told FoodNavigator-USA.
The Frito-Lay brand has collaborated with Danish flavour innovator Empirical to launch Doritos Nacho Cheese Spirit – a limited edition, multi-sensorial experience that really tastes like nacho cheese.
PepsiCo released its 2023 third quarter fiscal year report and beat Wall Street estimates, citing increased demand for smaller-sized snacks and healthier options, as the company faces challenges from PRIME in the sports drink category and anticipates...
For a big company such as PepsiCo, sustainability is not only complex, but also a multi-layered process. Tackling sustainability across different geographies, in both factories and in agriculture, and across scope 1, 2 and 3 emissions, requires a multi-pronged,...
With entrances into new categories including water and energy - alongside a string of recent low and no sugar products and even functional gummies - Gatorade says its portfolio is the ‘most complete offering on the market today across energy, hydration,...
PepsiCo Beverages North America (PBNA) held a ceremonial groundbreaking for its new 115,000-square-foot distribution facility in Colorado Springs, Colorado this week.
PepsiCo is nearing completion of a €127m ($138m) investment at its Little Island manufacturing facility, which will create additional manufacturing capacity and further investment in its R&D campus.
Just short of 18 months after the beverage-to-snacks giant launched its pep+ strategy, we check in to ask what nutritional progress has been made – and what is still left to do – for PepsiCo to meet its end-to-end objectives.
PepsiCo beat Wall Street expectations for its first quarter 2023 earnings due to strong margin growth while backing off potential future price increases to combat inflation and other supply chain issues, the company's Chairman and CEO Ramon Laguarta...
PepsiCo is launching ‘pep+ Partners for Tomorrow’, a new platform to help its customers achieve their sustainability goals. Programs range from those focusing on recyclable beverage containers and cups to regenerative agriculture.
PepsiCo has launched its Greenhouse Accelerator Program: 'Juntos Crecemos Edition': the first-ever Hispanic edition, which will focus on driving growth of emerging Hispanic-owned food and beverage businesses.
In a further shake-up to PepsiCo's beverage line, the company rebranded its namesake product for the first time in 14 years as the competition with its rival Coca-Cola heats up in the zero-sugar soda space.
From fortification to flavor, low-no alcohol and low-sugar, what are consumers looking for in better-for-you beverages? Join us at FoodNavigator’s Positive Nutrition Summit to find out.
Through a combination of new flavor and product launches, boosting advertising and marketing, and integrating purpose throughout the organization, PepsiCo expects to build on a strong fourth quarter and deliver upwards of 6% organic revenue growth in...
To kick start 2023, PepsiCo this week freshened up its beverage line-up, unveiling a new formulation for Pepsi Zero Sugar and releasing STARRY, a lemon lime-flavored soda that is replacing Sierra Mist.
PepsiCo this week joins the ranks of food manufacturers, retailers and delivery companies laying off employees or offering buyouts to reduce their workforce and offset inflationary pressures even as the consumer packaged goods industry overall struggles...
The Quaker-to-Walkers manufacturer is rolling out new logistics initiatives, including replacing diesel with recycled Hydrogenated Vegetable Oil in trips from Cupar to Leicester.
PepsiCo continues to raise the prices of its snacks and beverages with confidence despite some handwringing by analysts about whether elasticities, which remain at historic lows, soon will begin to give as inflation continues to squeeze consumers across...
Having already removed more than 16% of sugar from Australian portfolios since January 2015, a set of beverage giants (including Coca-Cola and PepsiCo) are now targeting a 25% reduction by 2025 - up from the previous target.
Since the launch of its strategic ‘end-to-end’ transformation agenda, dubbed Pep+, the company has hit a number of milestones on topics ranging from regenerative agriculture to reformulation. FoodNavigator catches up with Katharina Stenholm, Chief Sustainability...
Gatorade is preparing for a massive 2023 rollout of energy drink brand Fast Twitch, designed for athletic performance with 200mg of caffeine, B vitamins, and electrolytes.
PepsiCo is making a $550m investment in functional energy drink Celsius: further boosting its focus on the energy category and eying up a shared opportunity to drive growth and innovation in the sector.
Snacking giant PepsiCo has highlighted food security, healthier choices and packaging as major sustainability and business objectives in the Middle East and Asia.
Even though PepsiCo beat Wall Street expectations in its second quarter and saw organic revenue growth soar 13%, prompting it to bump-up its full-year revenue expectations, the beverage and snack giant stopped short of also raising its earnings per share...
PepsiCo has made progress in a number of areas of its business around regenerative agriculture and nutrition targets under its PepsiCo Positive (pep+) plan, the company's ESG program launched last year.
Global F&B giant PepsiCo is on the hunt for novel sustainability technology in the food and beverage sector to complement its business within the Middle Eastern region, with plans to look at other markets including Asia Pacific in the future as well.
PepsiCo is already hitting notable milestones and reaping financial benefits from its ambitious pep+ plan announced last fall that places sustainability at the center of how the CPG giant says it will create value and drive growth, according to CEO Ramon...
Nitro Pepsi – which uses nitro tech to create a drink which departs from traditional soda in terms of look, taste and drinking experience – will launch in the US next month. “Much like how nitrogen has transformed the beer and coffee categories, we believe...
A single dose of an extracts from coffee berry – the outer layer of the coffee fruit and a rich source of polyphenols – may boost alertness in healthy men and women, with effects still observable six hours after consumption, says a new study.
PepsiCo has expanded its green tech accelerator programme in partnership with the UAE Ministry of Climate Change and Environment (MOCCAE) to reach sustainable design innovators across the Middle East and North Africa (MENA) region.
