PepsiCo Inc. (PEP) - NYSE
  • May 14, 2014, 7:55 AM
    • SodaStream (SODA) is in focus after a stumble in the U.S. drives home that the company is having some trouble penetrating the region to the same degree as other markets.
    • Guidance from SodaStream is for a FY14 revenue to increase by 15% to $647.11M vs. $639.3M consensus.
    • The company sees FY14 net income improving by 3% Y/Y to $42M.
    • What to watch: Weakness by SodaStream in the U.S. is almost sure to drive out more speculation on a major beverage player buying out the Western Europe juggernaut. Pepsico (PEP) and Starbucks (SBUX) top the list.
    • SodaStream earning call webcast 7:30 EST.
    • SODA -3.3% premarket
    | May 14, 2014, 7:55 AM
  • May 6, 2014, 8:06 PM
    • PepsiCo Inc. (PEP) declares $0.655/share quarterly dividend, 15% increase from prior dividend of $0.5675.
    • Forward yield 3.07%
    • Payable June 30; for shareholders of record June 6; ex-div June 4.
    | May 6, 2014, 8:06 PM | 10 Comments
  • Apr. 22, 2014, 10:54 AM
    • Chobani plans to move into more food categories in the U.S. to diversify away from a yogurt-only portfolio.
    • The company will sell desserts and oatmeal products in an effort to hit all three dayparts.
    • What to watch: Chobani's growing influence in the U.S. is expected to challenge Danone (DANOY), General Mills (GIS), Post Holdings (POST), and PepsiCo (PEP) in various categories with its brand thriving. An investment from a P-E firm could help Chobani aim quite high.
    | Apr. 22, 2014, 10:54 AM
  • Apr. 22, 2014, 8:01 AM
    • PepsiCo (PEP) looks like a more attractive investment than Coca-Cola to CLSA's Caroline Levy.
    • The analyst points to the company's strong performance in the Americas and the U.K. compared to its rival.
    • Management at PepsiCo has also drawn praise for striking a fine balance between cost-cutting and effective marketing.
    | Apr. 22, 2014, 8:01 AM
  • Apr. 17, 2014, 9:45 AM
    • Execs with PepsiCo (PEP +0.3%) say they expect the company to squeeze out close to 30 bps of margins gains a year on productivity improvements. When combined with estimates for mid-single digit top-line growth, EPS is forecast to move along briskly.
    • There is a "reasonable expectation" that buybacks will continue beyond 2014 at a similar pace.
    • Increased advertising at Frito-Lay North America should pay off as the brands entrench themselves.
    • CEO Indra Nooyi take on a question on CEO succession by noting that a talent model is in place to ensure any emergency contingency is covered, although she makes it clear her goal is to stay on for a while. "I am still in the chair," declares Noori.
    • Not even a hint that PepsiCo is the rumored buyer of shares of SodaSteam (SODA +1%).
    • Earnings call webcast
    | Apr. 17, 2014, 9:45 AM | 3 Comments
  • Apr. 17, 2014, 7:59 AM
    • Retail analysts note that the broad sales gains PepsiCo (PEP) made in Q1 driven by its snacks business makes the beverage focus at Coca-Cola (KO) look that much more uninspiring.
    • The Frito-Lay North America division at PepsiCo was able to grow organic revenue by 4% during Q1 and even take a percentage point of net pricing gain amid a tough retail pricing atmosphere.
    • Premarket: KO -0.2%, PEP +2.4%
    | Apr. 17, 2014, 7:59 AM | 1 Comment
  • Apr. 17, 2014, 7:16 AM
    • PepsiCo (PEP) reports it delivered 4% or better organic revenue growth in every business unit during Q1.
    • Organic revenue growth in developing and emerging markets was 9% during the quarter.
    • Soft drink volume in North America was down 1%, while non-carbonated beverage volume was up 2%.
    • The company's gross margin rate rose 40 bps on productivity gains. PepsiCo says it's still on track to deliver $1B in productivity gains this year.
    • PEP +1.3% premarket
    | Apr. 17, 2014, 7:16 AM
  • Apr. 17, 2014, 7:03 AM
    • PepsiCo (PEP): Q1 EPS of $0.83 beats by $0.08.
    • Revenue of $12.62B (+0.3% Y/Y) beats by $190M.
    | Apr. 17, 2014, 7:03 AM
  • Apr. 17, 2014, 12:05 AM
    | Apr. 17, 2014, 12:05 AM
  • Apr. 16, 2014, 5:30 PM
    | Apr. 16, 2014, 5:30 PM | 1 Comment
  • Apr. 16, 2014, 6:46 AM
    • Shares of SodaStream (SODA) are on watch with a report out indicating the company is in talks to sell a stake to a large soft-drink concern.
    • Israeli business journal Calcalist says SodaStream is considering selling a stake of 10% to 16%.
    • The usual suspects - Starbucks (SBUX), PepsiCo (PEP), and Dr. Pepper Snapple (DPS) - are being run out as the potential buyer.
    | Apr. 16, 2014, 6:46 AM | 3 Comments
  • Apr. 15, 2014, 9:48 AM
    | Apr. 15, 2014, 9:48 AM | 3 Comments
  • Apr. 10, 2014, 9:02 AM
    | Apr. 10, 2014, 9:02 AM | 15 Comments
  • Apr. 9, 2014, 7:22 AM
    • The food and beverage giant (PEP) inks a collaboration with Senomyx (SNMX) focused on the latter's Salt Taste Program. The objective is to find flavors with modifying properties that restore the salty taste in products with reduced salt.
    • PepsiCo provides research funding this year with options to continue thereafter. It will have non-exclusive rights to salt flavor modifiers discovered in the collaboration period.
    • No financial terms are disclosed.
    | Apr. 9, 2014, 7:22 AM
  • Apr. 9, 2014, 7:13 AM
    • PepsiCo (PEP) plans to launch three new cola products that will be marketed as made with real sugar.
    • The new products will be released this summer and could take the place of the company's "Throwback" sodas.
    | Apr. 9, 2014, 7:13 AM | 5 Comments
  • Apr. 8, 2014, 11:09 AM
    • BTIG initiates coverage on PepsiCo (PEP -0.6%) and Coca-Cola (KO +0.3%) with Buy ratings.
    • The investment firm has a $108 price target on PepsiCo (+29.5% upside) and $48 on Coca-Cola (+24% upside).
    | Apr. 8, 2014, 11:09 AM | 3 Comments
Company Description
PepsiCo, Inc. markets, sells and distributes a wide variety of convenient and enjoyable foods and beverages through its operations, authorized bottlers, contract manufacturers and other partners. The company operates in four business units, PepsiCo Americas Foods, PepsiCo Americas Beverages,... More
Industry: Processed & Packaged Goods
Country: United States