Oct. 10, 2014, 10:47 AM
- Consumer staples stocks are in favor again with investors taking a defensive posture.
- PepsiCo (PEP +1.6%), Mondelez International (MDLZ +0.6%), Procter & Gamble (PG +1.5%), and Philip Morris (PM +1.4%) are notable out-performers.
- The Consumer Staples Select ETF (NYSEARCA:XLP) is up 1.02% on the day.
Oct. 9, 2014, 10:58 AM
- Consumer staples stocks continue to persevere amid a broad market decline.
- The Consumer Staples Select ETF (NYSEARCA:XLP) is +1.9% over the last 5 days vs. the -1.3% showing of the S&P 500 ETF.
- Today, PepsiCo (PEP +1.5%) is doing some of the heavy lifting following its Q3 earnings report - while a number of meat stocks are also contributing including Pilgrim's Pride (PPC +1.3%), ConAgra Foods (CAG +1.8%), Hormel (HRL +0.7%), Seneca Foods Corp. (SENEA +0.7%), Diamond Foods (DMND +1.1%), Tyson Foods (TSN), and Sanderson Farms (SAFM +0.7%) .
Oct. 9, 2014, 7:19 AM| Oct. 9, 2014, 7:19 AM | 1 Comment
Oct. 9, 2014, 7:02 AM
- PepsiCo (NYSE:PEP) reports organic revenue rose 3.1% in Q3.
- Volume rose 1% in both the company's snacks and beverages businesses.
- Revenue growth by segment: Frito-Lay North America +3% to $3.53B; Quaker Foods North America -3% to $586M; Latin America Foods +6% to $2.18B; PepsiCo Americas flat at $5.38B; Europe -1% to $3.76B; AMEA +11% to $1.78B.
- SG&A expenses up 3% to $6.35B during the quarter.
- Guidance: 9% EPS growth for 2014 forecast vs. 8% prior.
- PEP +1.1% premarket
Oct. 9, 2014, 6:51 AM
Oct. 8, 2014, 5:30 PM
Oct. 7, 2014, 8:37 AM
- Shares of Keurig Green Mountain (NASDAQ:GMCR) are higher in early action despite a soft read from SodaStream (NASDAQ:SODA) on demand for home beverage systems.
- A strong initiation from Goldman Sachs on the stock is helping to offset any concerns on the category.
- Coca-Cola (NYSE:KO) has its eyes on the developments with its 10-year Keurig Cold partnership kicking off in 2015.
- If it's true that PepsiCo (NYSE:PEP) and Starbucks (NASDAQ:SBUX) have interest in SodaStream - there's some number-crunching going inside the C-suites there.
- GMCR +2.1% premarket, SODA -17.5%.
Oct. 3, 2014, 2:55 PM
Oct. 1, 2014, 2:37 PM
- PepsiCo (PEP -0.4%) announces it will roll out Pepsi True in the middle of this month.
- The company is limiting distribution initially to sales off the Amazon.com website.
- Pepsi True is an attempt by the company to carve out a niche mid-calorie segment. The drink contains stevia - instead of artificial sweeteners and high-fructose corn syrup.
Sep. 24, 2014, 12:51 PM
- A majority of respondents in a poll conducted by Reuters think NFL sponsors should sever ties with the league due to the handling of star players accused of domestic abuse.
- It's not a simple call for the consumer-facing companies with ratings for NFL games seemingly unaffected by the issue.
- Though major sponsors such as PepsiCo (NYSE:PEP), Verizon (NYSE:VZ), Anheuser-Busch InBev (NYSE:BUD) have maintained advertising campaigns, Procter & Gamble (NYSE:PG) canceled a Crest promotion and other advertisers have reportedly asked for shifts away from airing ads during times in the coverage when the controversy is being analyzed.
- NBC (NASDAQ:CMCSA) has the TV rights to the Super Bowl this season and will hope that demand and pricing for the highly-priced spots before, during, and after the game aren't impacted.
Sep. 24, 2014, 10:08 AM| Sep. 24, 2014, 10:08 AM | 5 Comments
Sep. 23, 2014, 2:57 PM
- Soda sellers Coca-Cola (KO -0.6%), Dr. Pepper Snapple (DPS -2.1%), and PepsiCo (PEP -0.7%) sign a pact to work toward a goal of reducing calorie intake in the U.S.
- The voluntary agreement will see the companies market zero-calorie and low-calorie drinks and provide more calorie counts on products.
- The terms of the deal were negotiated by the American Beverage Association and the Alliance for a Healthier Generation.
Sep. 22, 2014, 9:27 AM
Sep. 19, 2014, 9:45 AM| Sep. 19, 2014, 9:45 AM | Comment!
Sep. 18, 2014, 11:28 AM
- PepsiCo (PEP +0.4%) CEO Indra Nooyi publicly criticizes the NFL for its handling of recent scandals.
- The company paid a huge sum to displace Coca-Cola as the official soft drink of the league a few years ago and has prominent product placement with Gatorade distributed on sidelines at NFL stadiums.
- An earlier statement from PepsiCo on the developments didn't lay direct blame on the league.
Sep. 16, 2014, 4:01 PM
- Anheuser-Busch InBev (NYSE:BUD) comes out with the sternest words to date of any of the major NFL sponsors.
- The global brewer says it's not satisfied with the manner the league has handled the recent incidents involving star players.
- Earlier statements from big sponsors FedEx (NYSE:FDX), Verizon (NYSE:VZ), and PepsiCo (NYSE:PEP) were more on the supportive side.
- Procter & Gamble (NYSE:PG) has been relatively quiet, although its CoverGirl Get Your Game Face On campaign was used by protesters to make a strong point.
- In one of the stronger corporate statements on the NFL developments, the Radisson hotel chain broke off its sponsorship deal with the Minnesota Vikings.
PepsiCo Inc is a food, snack and beverage company. It manufactures, markets, distributes and sells convenient and enjoyable beverages, foods and snacks, serving customers and consumers in more than 200 countries and territories.
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