Friday, June 14, 2024 The Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 16 major stocks, including Berkshire Hathaway Inc. (BRK.B), Eli Lilly and Co. (LLY) and PepsiCo, Inc. (PEP), as well as two micro-cap stocks Hovnanian Enterprises, Inc. (HOV) and IDT Corporation […]
Tag: PepsiCo
Tesla Semi trucks in short supply for PepsiCo as its rivals use competing EV big rigs
By Jessica DiNapoli NEW YORK (Reuters) – Key Tesla customer PepsiCo made initial payments for 100 Tesla Semis in 2017, intending to use the electric-truck fleet to haul its Cheetos, Lays potato chips and Pepsi soda pop to retailers. But according to the food-and-drinks maker and one of its executives with knowledge of the deal, […]
Ignore PepsiCo — Here’s a Better Stock for Passive Income
PepsiCo (NASDAQ: PEP) recently gave investors some new reasons to feel cautious about the stock. While the company achieved solid sales growth this past year, demand slowed into early 2024, according to management’s early February update. The consumer staples company is also projecting weaker sales trends ahead as its inflation-based price increases end. That’s unfortunate […]
PepsiCo profits up as charges fade but sales slip after price rises
PepsiCo got a bump to fourth quarter profits thanks in part to lower charges and continued price rises, but higher prices have weakened consumer demand. The food and drinks company said on Friday that it expects organic revenue growth of at least 4% this year. That is less than half the 9.5% growth that PepsiCo […]
PepsiCo profit gets a bump as charges fade, though revenue slips in fourth quarter
PepsiCo’s profit rose in the fourth quarter thanks in part to lower charges, though revenue declined slightly. The food and beverage company also said Friday that it is boosting its annual dividend by 7% and plans to buy back about $1 billion of its shares. For the three months ended Dec. 30, PepsiCo earned $1.3 […]
PepsiCo bans Ukraine references in ads to stay in lucrative Russian market — media
PepsiCo, the global food and beverage giant, has banned any mention of Ukraine and its armed forces in advertising in an attempt to avoid alienating the Russian market, the Ukrainian Council of Shopping Centers, said citing Forbes. While PepsiCo continues to do business in Russia, the company fears that openly supporting Ukraine may hinder its business in the terrorist state. PepsiCo is simultaneously trying […]
PepsiCo bans mentions of war in advertising in Ukraine
PepsiCo has banned references to the war in its advertising strategy in Ukraine. Source: global coalition of civil society organisations B4Ukraine Details: The search for a new PR agency in Ukraine in the autumn of 2023 set requirements that prohibited references to the war in PepsiCo’s advertising activities, including: mentioning war, hostilities, aggression, military personnel, […]
A supermarket chain pulled PepsiCo products over ‘shrinkflation’—now its biggest rival says Pepsi, Cheetos and Doritos are going nowhere
Europe’s supermarkets are going to war with major suppliers in a battle over “shrinkflation.” But two of the biggest chains appear to be at odds over how they most effectively strongarm companies like Unilever and PepsiCo into dropping prices. The chairman of E.Leclerc, France’s biggest supermarket chain, has vowed to keep stocking PepsiCo products on […]
A supermarket chain has gone beyond shaming PepsiCo for ‘shrinkflation’—now it’s pulling Cheetos and Doritos off the shelves across Europe
Carrefour is taking its spat with PepsiCo up a notch. No longer content to, as it did in the fall, label PepsiCo’s examples of “shrinkflation,” a nasty variant of inflation where the bag gets emptier while the price remains the same, or even increases, now the French grocery giant is doubling down. Starting Thursday with […]
PepsiCo Is Known for Sodas Such as Pepsi and Mountain Dew. But Almost 50% of Its Profits Comes From Something Else Entirely.
The granddaddy of the colas is The Coca-Cola Company, with the Coca-Cola brand launching in 1886. The Pepsi-Cola Company, now PepsiCo (NASDAQ: PEP), wasn’t far behind with its own Pepsi-Cola drink in 1898. And the two have locked horns for cola supremacy ever since. Neither Coke nor Pepsi was able to take down its cola […]