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PepsiCo Inc (PEP)

PEP on New York Consolidated

117.91USD
26 May 2017
Change (% chg)

$0.38 (+0.32%)
Prev Close
$117.53
Open
$117.25
Day's High
$118.00
Day's Low
$117.20
Volume
3,104,759
Avg. Vol
3,831,654
52-wk High
$118.00
52-wk Low
$98.50

Latest Key Developments (Source: Significant Developments)

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

PepsiCo to eliminate 80-100 positions in Philadelphia over next few months
Wednesday, 1 Mar 2017 02:54pm EST 

PepsiCo Inc : Intend to eliminate 80-100 positions, including frontline and supervisory roles, in Philadelphia over the next few months Further company coverage: [PEP.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

PepsiCo at CAGNY conf- Will have to go more aggressively on low calorie beverages than we are going now
Wednesday, 22 Feb 2017 01:25pm EST 

Pepsico Inc : At CAGNY conf- will have to go more aggressively on low calorie beverages than we are going now . At CAGNY conf- will launch Pepsi 1893, a craft cola, this year . At CAGNY conf- margins are terrific on single serve packs Further company coverage: [PEP.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Pepsico Inc declared quarterly dividend of $0.7525 per share of Pepsico common stock
Thursday, 2 Feb 2017 04:46pm EST 

Pepsico Inc : Pepsico declares quarterly dividend . Declares annual dividend of $3.01 per share .Pepsico Inc says declared a quarterly dividend of $0.7525 per share of pepsico common stock.  Full Article

More From Around the Web

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PepsiCo in bid to acquire Vita Coco owner: sources

Soft drink maker PepsiCo Inc is in talks to acquire All Market Inc, the owner of coconut water brand Vita Coco, whose celebrity investors include Madonna and Matthew McConaughey, people familiar with the matter said on Friday.