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PepsiCo Inc. (PEP)

  • Mon, Jun. 22, 1:10 PM
    • PepsiCo (PEP +0.8%) CEO Indra Nooyi penned a weekend op-ed piece in the Wall Street Journal along with the president of the Environmental Defense Fund in support of the push by President Obama for greener trucks.
    • The exec notes fuel economy for heavy trucks has improved less than a mile per gallon in 45 years to average just 6.4 mpg.
    • Companies such as PepsiCo, Anheuser-Busch InBev (BUD +2.7%), Wal-Mart (WMT +0.1%), Costco (COST +0.1%), and Coca-Cola (KO +0.5%) could realize significant savings if Nooyi's stance is correct.
    • She notes the fuel standards proposed in 2009 for 2014 led to an immediate 10% gain in efficiency.
    • Previously: The EPA and Pope Francis strange allies on greenhouse gas reform (Jun. 19 2015)
    | Mon, Jun. 22, 1:10 PM | 10 Comments
  • Thu, Jun. 18, 1:39 PM
    • Dr. Pepper Snapple (DPS +0.9%) plans to increase marketing to Hispanic consumers in the U.S. for several of its key brands.
    • Last month, PepsiCo (PEP +1.1%) rolled out Pepsi Limon in an attempt to appeal to the same group.
    | Thu, Jun. 18, 1:39 PM | 2 Comments
  • Wed, Jun. 17, 3:26 AM
    • Beginning in 2018, companies will have to seek approval before they can put partially hydrogenated oils into foods, after the FDA said the ingredient should no longer be considered safe and laid out far-reaching restrictions.
    • While not a ban, the FDA's move marks the first restriction on trans fats at the national level. It first proposed the action in 2013.
    • Related tickers: Nestle (OTCPK:NSRGY), PepsiCo (NYSE:PEP), Tyson Foods (NYSE:TSN), Mondelez International (NASDAQ:MDLZ), Unilever (NYSE:UL), General Mills (NYSE:GIS), Kraft Foods (NASDAQ:KRFT), Kellogg (NYSE:K), Dean Foods (NYSE:DF), Campbell Soup (NYSE:CPB), Hormel (NYSE:HRL), Hershey (NYSE:HSY), Pilgrims Pride (NASDAQ:PPC).
    | Wed, Jun. 17, 3:26 AM | 7 Comments
  • Tue, Jun. 9, 10:43 PM
    • San Francisco is one step closer to becoming the first U.S. city to require warning labels on sugary drinks after government officials approved a new measure.
    • The San Francisco Board of Supervisors and Mayor still have to sign off on the anti-soda ordinances.
    • Some juice products, flavored milk products, and sports drinks will be included in the targeted beverage category if they contain a certain threshold of added sugar.
    • Health advocates say they will make a second run at passing a sugar tax in San Francisco. They are also aiming for a broader push beyond California on consumer sugar warnings.
    • The beverage industry has reacted to uneven demand in the U.S. for soda drinks in part with product innovation (craft, cane sugar, energy, protein) aimed at millennials.
    • Related stocks: KO, PEP, DPS, COT, MNST, OTCQB:JSDA, REED, FIZZ, HSY, DF,
    | Tue, Jun. 9, 10:43 PM | 56 Comments
  • Fri, Jun. 5, 2:29 PM
    • PepsiCo's (PEP -1.1%) new craft soda drinks will feature an eclectic flavor mix that includes black cherry with tarragon, agave vanilla cream, orange hibiscus, and pineapple cream, according to reports.
    • The Stubborn Soda products will use cane sugar as a sweetener instead of high fructose corn syrup.
    • Initially, Stubborn Soda soda will be available from fountain machines, although a broader roll-out is expected.
    • Previously: Beverage-Digest: PepsiCo to make craft soda play (June 4)
    | Fri, Jun. 5, 2:29 PM | 4 Comments
  • Thu, Jun. 4, 11:43 AM
    | Thu, Jun. 4, 11:43 AM | 5 Comments
  • Mon, Jun. 1, 12:49 PM
    • Iconic food and beverage brands continue to grow out of favor with U.S. consumers, according to a new report from Rabobank.
    • Many Q1 earnings reports tipped off weakness at well-known F&B brands.
    • The bank notes that the increasing purchase power of the millennial generation is a major factor in the shift as e-commerce accounts for a higher mix of purchasing.
    • A willingness of major retail chains such as Target (NYSE:TGT), Kroger (NYSE:KR), and Costco (NASDAQ:COST) to attempt to differentiate themselves with new concepts and products has also contributed to well-known brands slipping.
    • Rabobank thinks major food and beverage players can still show strong growth rates if they are nimble with their strategy and use M&A wisely to catch fresh brands on the upswing.
    | Mon, Jun. 1, 12:49 PM | 6 Comments
  • Tue, May 5, 5:45 PM
    • PepsiCo (NYSE:PEP) declares $0.7025/share annual dividend, 7.3% increase from prior dividend of $0.655.
    • Forward yield 0.74%
    • Payable June 30; for shareholders of record June 5; ex-div June 3.
    | Tue, May 5, 5:45 PM | 14 Comments
  • Mon, Apr. 27, 7:44 AM
    • In his "We Are Full of Bull" note this morning, Morgan Stanley's Adam Parker says the economy will accelerate in Q2 and Q3, bringing stocks along for the ride. If investors are gun-shy thanks to record levels for the averages, Parker suggests looking for names with decent long-term earnings forecasts trading at a discount to the market.
    • The ten largest U.S. stocks trading at a discount, but with above-average expected growth rates: Apple (NASDAQ:AAPL), Citigroup (NYSE:C), Gilead (NASDAQ:GILD), Union Pacific (NYSE:UNP), Actavis (NYSE:ACT), Twenty-First Century Fox (NASDAQ:FOXA), Time Warner (NYSE:TWX), Ford (NYSE:F), BlackRock (NYSE:BLK).
    • Conversely, one might want to avoid those stocks selling for substantial premiums. The ten largest stocks trading at a premium to the market while growing at a below-average rate: Exxon (NYSE:XOM), Procter & Gamble (NYSE:PG), Chevron (NYSE:CVX), Coca-Cola (NYSE:KO), Pepsico (NYSE:PEP), Schlumberger (NYSE:SLB), MMM, McDonald's (NYSE:MCD), UPS, Nike (NYSE:NKE).
    • Source: Bloomberg
    | Mon, Apr. 27, 7:44 AM | 53 Comments
  • Fri, Apr. 24, 10:40 AM
    • PepsiCo (PEP -1%) says it will remove aspartame from Diet Pepsi beginning in August.
    • The company is making the move to adapt to consumer tastes, not out of safety concerns.
    • Sucralose and acesulfame potassium will be used in the U.S. to sweeten Diet Pepsi.
    • Pepsi True is a relatively new product out from the beverage seller using the natural sweetener stevia.
    • PepsiCo CEO Indra Nooyi tackled the question of changing consumer dynamics during the company's earnings call yesterday (transcript).
    • She noted perception on what is "good for you" has changed from diet sodas to organic non-GMO.
    • Perhaps with an eye on millennials she mentions different corridors of fruit and vegetable, protein, grains, and carbs in the soda category. Rival Coca-Cola still stacks its brands under calorie counts.
    | Fri, Apr. 24, 10:40 AM | 3 Comments
  • Thu, Apr. 23, 7:36 AM
    • PepsiCo (NYSE:PEP) reports organic revenue rose 4.4% in Q1.
    • Organic volume rose 2% for Frito-Lay North America.
    • Developing and emerging market organic revenue increased 10% during the quarter. On a reported basis the mark was -12% due to F/X.
    • Revenue growth by segment: Frito-Lay North America +3% to $3.32B; Quaker Foods North America +1% to $639M; Latin America Foods -4% to $1.28B; PepsiCo Americas flat at $4.43B; Europe -25% to $1.48B; AMEA +2.5% to $1.07B.
    • Operating profit +7% to $902M at Frito-Lay North America with no F/X overhang while Europe (-34%) and Quaker Foods North America (-38%) lagged.
    • Core gross margin +150 bps.
    • Total core operating margin +20 bps.
    • Guidance: PepsiCo expects mid-single-digit organic revenue growth. EPS growth of 7% forecast.
    • PEP -1.1% premarket
    | Thu, Apr. 23, 7:36 AM | 4 Comments
  • Thu, Apr. 23, 7:04 AM
    • PepsiCo (NYSE:PEP): Q1 EPS of $0.83 beats by $0.04.
    • Revenue of $12.22B (-3.2% Y/Y) beats by $40M.
    • Shares +1.53% PM.
    • Press Release
    | Thu, Apr. 23, 7:04 AM | Comment!
  • Mon, Apr. 13, 1:06 PM
    • Wal-Mart's (WMT) strategy to increasing pricing pressure on suppliers is likely to be felt by some consumer products giants.
    • Though larger suppliers have more leverage with Wal-Mart than smaller companies, an impact on margins could still be felt.
    • Listed below are the estimated annual revenue and percentage of total revenue derived from the Bentonville retail giant for some CPG firms.
    • Procter & Gamble (NYSE:PG): $12B to mark 14% of total revenue.
    • PepsiCo (NYSE:PEP): $8B, 12% of total revenue.
    • Kraft Foods (NASDAQ:KRFT): $4.7B, 26% of total revenue.
    • Kellogg (NYSE:K): $3.1B, 21% of total revenue.
    • Campbell Soup (NYSE:CPB): $1.6B, 19% of total revenue.
    • J.M. Smucker (NYSE:SJM): $2.35B, 30% of total revenue.
    • Clorox (NYSE:CLX): $1.5B, 26% of total revenue.
    • Hillshire Brands (NYSE:TSN): $1.1B, 27% of total revenue.
    • Keurig Green Mountain (NASDAQ:GMCR): $799M, 17% of total revenue.
    • Energizer (NYSE:ENR): $748M, 17.2% of total revenue.
    • Tootsie Roll (NYSE:TR): $129M. 23.7% of total revenue.
    • Data compiled by the Cincinnati Enquirer
    | Mon, Apr. 13, 1:06 PM | 9 Comments
  • Mon, Apr. 13, 9:17 AM
    • PepsiCo (NYSE:PEP) is expected to announce later today that it landed the rights to be the official food and beverage partner of the NBA.
    • The NBA has had a long-standing partnership with Coca-Cola.
    • Sources expect Mountain Dew to be the marquee brand in the deal.
    • PEP +0.83% premarket to $96.99.
    | Mon, Apr. 13, 9:17 AM | Comment!
  • Thu, Mar. 26, 2:57 PM
    • Total soda volume in the U.S. fell for the 10th straight year, according to data from Beverage Digest.
    • Volume at Coca-Cola (KO -0.2%) was down 1.1%, while PepsiCo (PEP +0.5%) volume declined 1.4%. Both soda giants offset the soda slide in part with sales in juices, smoothie, and flavored waters.
    • Dr. Pepper (DPS +2.5%) volume was flat during the year.
    • Monster Beverage (MNST +0.5%) bucked the trend with a 7% rise in volume.
    • Total U.S. volume in the category was down 0.9%.
    | Thu, Mar. 26, 2:57 PM | 3 Comments
  • Thu, Mar. 26, 12:37 PM
    • Deutsche Bank thinks 3G Capital will be back in the food sector for a major acquisition faster than some other investment firms anticipate.
    • 3G put itself in a stronger position to make a major purchase by not adding debt in the Kraft deal.
    • Analyst Eric Katzman sees some food names trading with a premium as the 3G shadow hangs over the sector, while others have downside risk with M&A speculation not making as much sense.
    • Premium on: ConAgra (NYSE:CAG), General Mills (NYSE:GIS), Mondelez International (NASDAQ:MDLZ), Pinnacle Foods (NYSE:PF), PepsiCo (NYSE:PEP).
    • Premium off: Campbell Soup (NYSE:CPB), Hershey (NYSE:HSY), Hormel (NYSE:HRL), Kellogg (NYSE:K), J.M. Smucker (NYSE:SJM).
    • Previously: Investors snapping up food stocks (Mar. 25 2015)
    • Previously: Beer fallout from Kraft buyout (Mar. 25 2015)
    • Previously: Kraft-Heinz merger has a few ETFs on the move (Mar. 25 2015)
    | Thu, Mar. 26, 12:37 PM | 11 Comments
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Company Description
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.