Drinks Lead Big Second Quarter for PepsiCo
“A lot of the things we did through the pandemic are paying dividends now that mobility has increased and consumers are getting out more."
PepsiCo to Buy Rockstar Energy in $3.85B Deal
The beverage giant has distributed Rockstar since 2009.
Pepsi Snaps Up Chinese Snack-Maker
The soda and snack company is buying Be & Cheery, one of the largest online snack companies in China, for $705 million.
Ex-Sodastream CEO Suspected of Insider Trading
Daniel Birnbaum, now Sodastream's chairman, allegedly tipped off an associate in advance of the Israeli company's takeover by PepsiCo.
UPS Hires PepsiCo’s Brian Newman as CFO
“It is clearly a pivot for [UPS] to bring in new blood and new talent at a crucial time for the company."
PepsiCo to Buy South Africa’s Pioneer Foods for $1.7B
The U.S. multinational is looking to boost its overseas operations by taking over a key African food and beverage distributor.
Yum Brands Names PepsiCo’s Chris Turner CFO
“We are confident that Chris’ commercial experience with iconic consumer-oriented companies ... will prove instrumental as we drive global growth."
PepsiCo Shares Hit Record on Earnings Beat
The firm's CEO cites progress on "our ambitious agenda to invest to build capabilities, strengthen our brands, and add capacity to grow."
Keurig Dr Pepper to Buy Core Nutrition
Keurig Dr Pepper said it expects the transaction to be neutral to the company's adjusted diluted earnings per share in 2019 and accretive thereafter.
PepsiCo to Buy SodaStream for $3.2B
The deal is seen as part of Pepsi’s push into more health-conscious beverage markets.
PepsiCo Beats Earnings Estimates Despite Competition, Cost Increases
The company said it would increase marketing behind a few key beverage brands.