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PepsiCo Inc (PEP.N)

PEP.N on New York Stock Exchange

115.51USD
20 Jul 2017
Change (% chg)

$0.17 (+0.15%)
Prev Close
$115.34
Open
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$115.17
Volume
1,045,238
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Latest Key Developments (Source: Significant Developments)

PepsiCo appoints Ramon Laguarta president
Thursday, 20 Jul 2017 08:24am EDT 

July 20 (Reuters) - PepsiCo Inc ::PepsiCo Inc - on July 14, Ramon Laguarta, was appointed president of PepsiCo - SEC filing‍​.  Full Article

Pepsico increases quarterly dividend by 7 pct
Friday, 14 Jul 2017 04:30pm EDT 

July 14 (Reuters) - Pepsico Inc :Increases quarterly dividend by 7 percent to $0.805 per share.  Full Article

PepsiCo CFO- Expect to see operating margin improvement strengthen in back half of year
Tuesday, 11 Jul 2017 01:13pm EDT 

July 11 (Reuters) - Pepsico Inc :CEO on conf call- have seen a lower rate of year-to-date growth in the c store channel compared to last year.In 5 months of sales since Q1 launch, LIFEWTR has reached $70 million in retail sales across measured channels, on track to generate about $200 million in retail sales on annualized basis.In Latin America, continue to see challenging macroeconomic conditions, geopolitical instability and high levels of inflation in key markets including Brazil and Argentina, which are dampening consumer spending.Experiencing macro challenges in markets including significant currency devaluation in Egypt and economic impact in a number of Middle East markets due to persistently low oil prices.In china in Q2, saw double-digit beverage organic revenue growth and mid-single-digit snack organic revenue growth.CEO - "I think where the market is today, when we can take pricing, we should take the pricing".CEO - making progress in Frito-Lay to move the business more to premium products.CEO - "our e-commerce business is growing brilliantly. We are doing very, very well".CEO - we are looking at meaningful innovation, both in snacks and beverages, in order to address the exploding growth of e-commerce.CFO- expect to see operating margin improvement strengthen as we go from the front half to the back half of the year.  Full Article

PepsiCo says intention to sell up to all of 4.5% minority stake in Britvic plc - Bookrunner
Thursday, 25 May 2017 11:45am EDT 

May 25 (Reuters) - Bookrunner: :Britvic Plc - PepsiCo, inc says intention to sell up to all of its 4.5% minority stake in bottler Britvic plc.Britvic Plc - shares Britvic in held through PepsiCo's subsidiary, Tropicana United Kingdom Limited.Britvic Plc - Citigroup Global Markets Limited is acting as sole bookrunner in connection with placing.  Full Article

Varun Beverages sets up unit in Uttar Pradesh for manufacturing Pepsi products
Thursday, 4 May 2017 07:09am EDT 

May 4 (Reuters) - Varun Beverages Ltd :Says has set up a new unit for manufacturing of Pepsi range of products at Uttar Pradesh, commercial production has started.  Full Article

Pepsico declares quarterly dividend
Tuesday, 2 May 2017 05:43pm EDT 

May 2 (Reuters) - Pepsico Inc :Pepsico declares quarterly dividend.Pepsico Inc - Quarterly dividend of $0.8050 per share of pepsico common stock, a 7.0 percent increase versus comparable year-earlier period..  Full Article

Papa John's International, Pepsico extend and expand beverage partnership
Thursday, 27 Apr 2017 09:00am EDT 

April 27 (Reuters) - Papa John's International Inc ::Papa John's International and Pepsico extend and expand global beverage partnership.Papa John's International Inc - Pepsi beverages now available at Papa John's locations in 28 countries.Papa John's International Inc - co and Pepsico Foodservice announced a multi-year beverage contract renewal in united states.Papa John's International Inc - global expansion of partnership in eight countries throughout Europe, Middle East and Central America.  Full Article

Pepsico files for potential senior notes offering, size undisclosed
Thursday, 27 Apr 2017 08:46am EDT 

April 27 (Reuters) - Pepsico Inc ::Pepsico Inc files for potential senior notes offering, size undisclosed - sec filing.  Full Article

PepsiCo CEO on conf call- Delay of U.S. income tax refunds dampened Q1 consumer spending
Wednesday, 26 Apr 2017 08:30am EDT 

April 26 (Reuters) - Pepsico Inc :CEO on conf call- the delay of u.s. Income tax refunds dampened Q1 consumer spending across virtually every consumer category.CFO- expect rate of organic growth to show sequential improvement in Q2.CEO- "dont have a reason to be worried" about growth in u.s. In Q2.CEO- " our challenge is to create impulse online, and we are working on tools with our partners to make our categories look like impulse categories online".CFO- expect commodity inflation to continue over course of the year.CFO- our pricing is such that we should see margin appreciation over the year. But in the first half of the year, we will likely see margin compression.CEO on sugar taxes- "oppose beverage taxes that are aggressive and unfairly target one category or industry...today's beverage taxes are more revenue generation focused rather than health focused".  Full Article

PepsiCo reports Q1 earnings per share $0.91
Wednesday, 26 Apr 2017 06:00am EDT 

April 26 (Reuters) - PepsiCo Inc ::Q1 earnings per share $0.91.Q1 core earnings per share $0.94.Q1 total net revenue $12.05 billion versus $11.86 billion.Q1 earnings per share view $0.92, revenue view $11.98 billion -- Thomson Reuters I/B/E/S.Says ‍​reaffirms 2017 financial targets.FY2017 earnings per share view $5.14, revenue view $63.82 billion -- Thomson Reuters I/B/E/S.Says faced ‍​challenging food, beverage industry trading conditions in North America in Q1.Says faced continued volatility in a number of developing and emerging markets in Q1.Says foreign exchange translation reduced Q1 reported earnings per share growth by 2 percentage points.  Full Article

BRIEF-PepsiCo appoints Ramon Laguarta president

* PepsiCo Inc - on July 14, Ramon Laguarta, was appointed president of PepsiCo - SEC filing‍​ Source text: (http://bit.ly/2uCKIsx) Further company coverage: