Pepsi News Updates

BusinessPrivate

PepsiCo Lifts 2023 Profit Forecast as Q2 Revenue Up 10%

Higher prices lifted PepsiCo’s revenue in the second quarter but dented consumer demand, and the company said July 13 price increases could start to moderate in the second half of this year.

July 13, 2023
BusinessTechnologyEquipment

Tesla Semi Skepticism Lingers Months After Musk’s First Delivery

While Tesla's first Semi delivery to PepsiCo was cause for celebration, there’s still a lot of uncertainty as to just how meaningful the Semi will be to Tesla’s business.

February 9, 2023
BusinessPrivate

PepsiCo Lifts Outlook as Drink, Snack Sales Buck Inflation

PepsiCo Inc. said its playbook for battling inflation is still working, with price hikes fueling double-digit gains in sales despite lower volumes of snack purchases.

October 12, 2022
BusinessPrivate

PepsiCo Boosts Outlook After Increasing Prices

PepsiCo Inc. is winning the inflation battle so far, successfully passing on surging commodity costs by persuading consumers to pay more for their soda and chips.

July 12, 2022
BusinessTop 100

PepsiCo Gains After Forecast Beats Estimates on Robust Demand

PepsiCo Inc. gave a full-year sales outlook that was ahead of estimates as the company looks to pass the burden of higher costs onto consumers.

February 10, 2022
Business

Pepsi Plans to Cut Virgin Plastic by 50%, Go Carbon-Neutral

PepsiCo Inc., one of the biggest producers of plastic bottles, said it would drastically cut its use of the material as part of a new round of sustainability goals.

September 15, 2021
BusinessTop 100

PepsiCo’s Sales Jump Most in a Decade as Restaurants Reopen

PepsiCo Inc. reported the fastest sales growth in at least a decade and raised its forecast, benefiting from thirsty consumers returning to restaurants, bars and stadiums and others diving into bags of chips.

July 13, 2021
BusinessTechnologyEquipmentSafetyTop 100

Big Fleets to Work Together on Enhancing Driver Visibility in Cab

Anheuser-Busch InBev, PepsiCo Inc., Republic Services and nongovernmental organization Together for Safer Roads announced a design challenge to improve fleet safety and save lives, calling the project the Truck of the Future.

November 23, 2020
BusinessTop 100

Pepsi Says Higher Prices Haven’t Quenched Consumer Demand

PepsiCo Inc. is getting a boost from higher prices on its drinks and snacks, a sign U.S. consumers still feel good amid recent indicators of a looming economic slowdown.

October 3, 2019
BusinessLogistics

At UPS, Brian Newman to Succeed Richard Peretz as CFO

UPS Inc. said PepsiCo executive Brian Newman will replace Chief Financial Officer Richard Peretz.

August 12, 2019