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PepsiCo Inc (PEP.OQ)

PEP.OQ on NASDAQ Stock Exchange Global Select Market

109.26USD
22 Feb 2018
Change (% chg)

$1.26 (+1.17%)
Prev Close
$108.00
Open
$108.33
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$108.03
Volume
1,657,826
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1,365,759
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$122.51
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$106.19

Latest Key Developments (Source: Significant Developments)

Pepsico Says North American Beverage Segment Has Tremendous Room To Improve Overall
Tuesday, 13 Feb 2018 09:29am EST 

Feb 13 (Reuters) - Pepsico Inc ::PEPSICO INC SAYS GAINED MARKET SHARE IN SALTY SNACK AND MACRO SNACKS CATEGORY- CONF. CALL.PEPSICO INC SAYS NAB SEGMENT HAS TREMENDOUS ROOM TO IMPROVE OVERALL.PEPSICO INC SAYS E-COMMERCE BUSINESS IS NOW APPROXIMATELY $1 BILLION IN ANNUALIZED RETAIL SALES.PEPSICO SAYS WILL GIVE BONUS OF UP TO $1,000 TO FULL-TIME FRONT-LINE U.S.-BASED ASSOCIATES DUE TO FINANCIAL BENEFITS PROVIDED BY RECENT U.S. TAX REFORM.PEPSICO SAYS PROVISIONAL $4 BILLION LIABILITY ASSOCIATED WITH INTERNATIONAL ACCUMULATED EARNINGS IS EXPECTED TO BE PAID OUT OVER 8 YEARS STARTING 2019.PEPSICO SAYS EXPECT 2018 ORGANIC REVENUE GROWTH AT LEAST IN LINE WITH OUR 2017 GROWTH RATE OR 2.3 PERCENT.PEPSICO SAYS EXPECT TO MAKE A $1.4 BILLION DISCRETIONARY PENSION CONTRIBUTION IN THE FIRST QUARTER OF 2018 TO MAXIMIZE ITS TAX DEDUCTIBILITY.PEPSICO SAYS IT EXPECTS TO RETURN APPROXIMATELY $7 BILLION TO SHAREHOLDERS IN 2018.PEPSICO SAYS VOLUME TRENDS ARE IMPROVING IN PEPSI, MOUNTAIN DEW, GATORADE AND LIPTON.PEPSICO SAYS PRICING LOWER IS NOT PART OF STRATEGY TO GAIN MARKET SHARE.PEPSICO SAYS GATORADE TRENDS IMPROVING, "FEEL GOOD ABOUT WHAT WE'RE SEEING THE BUSINESS DELIVERING RIGHT NOW".PEPSICO ON DR PEPPER SNAPPLE AND KEURIG GREEN MOUNTAIN DEAL SAYS "SURE THERE IS SOME TOWERING STRATEGIC LOGIC, BUT WE ARE STILL SEARCHING FOR IT".PEPSICO SAYS "CERTAINLY EXPECT SOME LABOR INFLATION PRESSURE IN CERTAIN MARKETS OVER TIME".PEPSICO SAYS "WE WERE LATE TO THE FLAVORED SPARKLING WATER CATEGORY".  Full Article

PepsiCo Reports Quarterly Core EPS of $1.31
Tuesday, 13 Feb 2018 06:17am EST 

Feb 13 (Reuters) - PepsiCo Inc ::PEPSICO REPORTS FOURTH QUARTER AND FULL-YEAR 2017 RESULTS.QUARTERLY REPORTED LOSS PER SHARE WAS $0.50.QUARTERLY CORE EPS WAS $1.31.Q4 EARNINGS PER SHARE VIEW $1.30 -- THOMSON REUTERS I/B/E/S.QUARTERLY RESULTS INCLUDE A $2.5 BILLION PROVISIONAL NET TAX EXPENSE ($1.73 PER SHARE) AS A RESULT OF THE U.S. TCJ ACT.ANNOUNCED NEW SHARE REPURCHASE PROGRAM PROVIDING FOR REPURCHASE OF UP TO $15 BILLION OF PEPSICO COMMON STOCK COMMENCING ON JULY 1, 2018.  Full Article

PepsiCo Reports Quarterly Net Revenue of $19.53 Bln
Tuesday, 13 Feb 2018 06:13am EST 

Feb 13 (Reuters) - PepsiCo Inc ::QUARTERLY NET REVENUE $19,526 MILLION VERSUS $19,515 MILLION.Q4 REVENUE VIEW $19.39 BILLION -- THOMSON REUTERS I/B/E/S.FOR 2018, COMPANY EXPECTS FULL-YEAR ORGANIC REVENUE GROWTH TO BE AT LEAST IN LINE WITH THE 2017 GROWTH RATE.ANNOUNCED 15 PERCENT INCREASE IN ANNUALIZED DIVIDEND PER SHARE BEGINNING WITH JUNE 2018 PAYMENT.FOR 2018, COMPANY EXPECTS CORE EARNINGS PER SHARE OF $5.70.QUARTERLY ORGANIC REVENUE GREW 2.3 PERCENT.FOR 2018, EXPECTS BENEFIT OF TCJ ACT TO BE "SUBSTANTIALLY REINVESTED IN INITIATIVES TO BENEFIT" CO'S U.S.-BASED FRONT LINE WORKFORCE.  Full Article

PepsiCo Extends Global Partnership With UEFA Champions League
Tuesday, 6 Feb 2018 05:00am EST 

Feb 6 (Reuters) - PepsiCo Inc ::PEPSICO EXTENDS GLOBAL UEFA CHAMPIONS LEAGUE PARTNERSHIP.ANNOUNCED EXTENSION OF PARTNERSHIP WITH UEFA CHAMPIONS LEAGUE FOR FURTHER THREE YEARS.  Full Article

Pepsico Sets Quarterly Dividend Of $0.805 Per Share
Monday, 5 Feb 2018 08:00pm EST 

Feb 5 (Reuters) - Pepsico Inc ::SETS QUARTERLY DIVIDEND OF $0.805 PER SHARE.  Full Article

Varun Beverages, Pepsico India Partner For Expanding Tropicana Product Portfolio
Thursday, 4 Jan 2018 07:37am EST 

Jan 4 (Reuters) - Varun Beverages Ltd ::SAYS CO, PEPSICO INDIA PARTNER FOR EXPANDING TROPICANA PRODUCT PORTFOLIO IN TERRITORIES ACROSS NORTH AND EAST INDIA.  Full Article

PepsiCo To Move Stock Exchange Listing To Nasdaq
Friday, 8 Dec 2017 04:26pm EST 

Dec 8 (Reuters) - Pepsico Inc ::PEPSICO, INC. TO MOVE STOCK EXCHANGE LISTING TO NASDAQ.PEPSICO INC - WILL BE TRANSFERRING ITS STOCK EXCHANGE LISTING FROM NYSE TO NASDAQ GLOBAL SELECT MARKET EFFECTIVE DECEMBER 19, 2017 AFTER MARKET CLOSE.PEPSICO - PEPSICO SHARES ARE EXPECTED TO BEGIN TRADING AS NASDAQ-LISTED SECURITY ON DEC 20, WITH COMMON STOCK CONTINUING TO TRADE UNDER SYMBOL "PEP.".PEPSICO - BELIEVE STOCK EXCHANGE LISTING MOVE TO NASDAQ WILL PROVIDE CO WITH "GREATER COST-EFFECTIVENESS".  Full Article

Pepsico Names Mike Spanos, Chief Executive Officer, Asia, Middle East And North Africa
Thursday, 7 Dec 2017 08:00am EST 

Dec 7 (Reuters) - Pepsico Inc ::PEPSICO NAMES MIKE SPANOS, CHIEF EXECUTIVE OFFICER, ASIA, MIDDLE EAST AND NORTH AFRICA.PEPSICO INC - SANJEEV CHADHA, CURRENTLY CHIEF EXECUTIVE OFFICER OF AMENA, WILL BECOME CHAIRMAN OF AMENA THROUGH END OF Q1 2018.  Full Article

Microsoft Says Re-Elected 10 Directors And Elected Four New Directors At Shareholders Meeting
Wednesday, 29 Nov 2017 05:08pm EST 

Nov 29 (Reuters) - Microsoft Corp ::MICROSOFT SAYS RE-ELECTED 10 DIRECTORS AND ELECTED FOUR NEW DIRECTORS AT SHAREHOLDERS MEETING.MICROSOFT - APPROVED MICROSOFT CORPORATION 2017 STOCK PLAN AT SHAREHOLDERS MEETING.MICROSOFT - FOUR NEW DIRECTORS INCLUDE REID HOFFMAN, PARTNER AT GREYLOCK PARTNERS; HUGH JOHNSTON, VICE CHAIRMAN AND CFO OF PEPSICO.MICROSOFT - NEW DIRECTORS INCLUDE PENNY PRITZKER, CHAIRMAN OF PSP CAPITAL AND EX-U.S. SECRETARY OF COMMERCE; ARNE SORENSON, CEO OF MARRIOTT.  Full Article

Pepsico says ‍declared a quarterly dividend of $0.805/share of co's common stock
Friday, 17 Nov 2017 04:15pm EST 

Nov 17 (Reuters) - Pepsico Inc :Pepsico Inc - ‍declared a quarterly dividend of $0.805/share of co's common stock, a 7.0 percent increase versus comparable year-earlier period​.  Full Article

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Danone to sell $1.9 billion Yakult stake in quest to boost shareholder returns

PARIS French foods group Danone is to sell a 1.5 billion euros ($1.9 billion) stake in Japanese company Yakult in its latest initiative to boost shareholder returns. | Video