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The Latest Breaking News from Ramon Laguarta

Which US companies are pulling back on diversity initiatives?

A growing number of prominent companies have scaled back or set aside the diversity, equity and inclusion initiatives that much of corporate America endorsed following the protests that accompanied the Minneapolis police killing of George Floyd, a Black man, in 2020

The Independent UK

Differences bubble up between PepsiCo and Coca-Cola on diversity programs

PepsiCo and rival Coca-Cola are taking different paths on the issue of diversity

The Independent UK

PepsiCo sounds alarm on major change in consumer behavior

The food and beverage giant is shining a light on a blossoming consumer trend that is impacting sales.

The Street

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PepsiCo Stock Falls Despite Earnings Beat, Dividend Hike

PepsiCo stock is lower Tuesday after the soft drink maker's top-line miss offsets an earnings beat and dividend hike. Here's what to know.

Kiplinger

PepsiCo makes desperate move to lure back fleeing customers

PepsiCo is making a major change to a few of its popular snacks.

The Street

PepsiCo Slashes 2024 Revenue View On Slower Snack Sales In America, Tepid International Markets

Previously, the company had anticipated a 4% growth, but it now expects a low-single-digit increase in organic revenue for 2024. However, PepsiCo has maintained its forecast for core constant currency earnings per share, projecting at least an 8% increase.

International Business Times

Midday stock movers: Nvidia, PepsiCo, Qualcomm

Here are the stocks making the biggest market moves midday.

The Street

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PepsiCo’s plan to buy a popular brand draws threats from consumers

PepsiCo's latest business move has managed to anger consumers, prompting the company to respond.

The Street

Say goodbye to $6 Cheetos—snack companies finally lower prices

$6 for a bag of chips has consumers looking elsewhere, executives said.

Fortune

PepsiCo Feels Dire Effects Of Weak Demand For Sodas; Misses Expected Revenue For 2nd Quarter

PepsiCo missed the expected revenue for the second quarter due to slow demand for snacks and sodas.

International Business Times

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

Pepsi kills 3 popular soda flavors Coca-Cola does not offer

The three soda flavors had begun to disappear in December and now they are fully gone from stores.

The Street

The corporate world is falling short in the fight against climate change

Only 20% of the top 1,000 companies have targets to reduce their emissions, a sign not enough leaders are taking climate change seriously.

Fortune

Pepsi's CEO is keeping an eye on weight loss drugs, but shakes fears voiced by Walmart bosses it could hurt their bottom line

Fresh from raising annual earnings targets, CEO Ramon Laguarta told fearful investors other lifestyle trends like the snack-ifcation of meals is actually driving demand.

Fortune

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Investors Business Daily

Weight-Loss Drugs Aren't To Blame For The Snack Pullback. Pepsi Offers This Reason.

Weight-loss drugs aren't the reason for suppressed shopping cart spending in a shaky economy, Pepsi executives say.

The Street

Pepsi Cans Price Hikes After Profit Beat As Consumer Demand Fades

"Moving forward, we will continue to focus on driving growth and winning in the marketplace," said CEO Ramon Laguarta.

The Street

PepsiCo Stock Gains After Q2 Earnings Beat, Sales Forecast Boost

"We are pleased with our results despite ongoing macroeconomic and geopolitical volatility and higher levels of inflation across our markets," said CEO Ramon Laguarta.

Benzinga

PepsiCo Q4 Earnings Top Estimates; Adopts $10B Share Buyback Program

PepsiCo Inc (NASDAQ:PEP) reported fourth-quarter FY21 sales growth of 12.4% year-on-year, to $25.24 billion, beating the consensus of $24.22 billion. Net revenue from Frito-Lay North America increased 13% Y/Y, Quaker Foods North America rose 9%, and PepsiCo Beverages North America climbed 13%. Latin America sales rose 16% Y/Y, Europe sales grew 8%. The…

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