18 articles
PepsiCo announced additional cost cuts and lowered its annual core profit forecast due to sluggish demand in North America and rising input costs, expecting fiscal 2026 EPS growth of 1% to 2%.
PepsiCo faces pressure from activist investor Elliott as GLP-1 weight-loss drugs threaten core snack and beverage sales. The company struggles with rising input costs and shrinking volumes ahead of qu
An Indian court temporarily halted a food regulator's order banning PepsiCo and Monster Beverage from using the "energy drink" label. This decision allows the companies to continue marketing their hig
Carlsberg agreed to acquire PepsiCo's bottlers in Georgia and Armenia from Revery, expanding their partnership to 17 markets. Analysts view the deal as a strategic signal of closer ties rather than an
PepsiCo and Monster Beverage sued India's food regulator over a ban on the 'energy drink' label, citing grave commercial consequences. The move escalates a regulatory crackdown on high-caffeine bevera
PepsiCo announced a $1 billion investment in Colombia over five years to expand production and distribution, aiming to support over 2,000 farmers and boost employment.
PepsiCo plans to hike prices on select chips and sodas by year-end or early 2027 following a sales decline in its North American food business. This follows earlier price cuts made to address customer
India proposes restricting high-fat, salt, and sugar food sales within 50 meters of schools to combat rising childhood obesity. Major food companies like PepsiCo and Nestle face compliance challenges
India's FSSAI intensified food safety enforcement via raids and license cancellations, proposing mandatory warning labels for high-sugar, salt, or fat products. Major FMCG firms like PepsiCo and Nestl
Indian authorities raided a Mumbai warehouse, seizing nearly $80,000 worth of food products from major firms like PepsiCo and Nestle that had falsified expiry dates and nutrition labels. The operation
Autonomous trucking startup Gatik raised $200 million in Series D funding to expand its fleet and operations across North America. The investment aims to enhance supply chain efficiency for major clie
Driven by weak monsoons and climate concerns, Indian farmers are shifting to drought-resistant millet production. Major food companies like PepsiCo are incorporating the grain into products, supported
PepsiCo reports declining North American snack and beverage volumes amid rising GLP-1 drug adoption and healthier eating trends, prompting investor scrutiny despite competitor gains.
PepsiCo reported Q2 revenue of $24.18 billion, beating estimates, but North American food sales fell 2% due to inflation. To combat tightening budgets, the company cut prices on snacks like Lay's whil
PepsiCo plans to hike prices on select single-serve chip bags by 10 to 20 cents amid rising U.S. production and distribution costs, per Bloomberg.
CF Industries launched its first certified low-carbon urea ammonium nitrate (UAN) fertilizer in a partnership with PepsiCo to decarbonize the potato supply chain. Produced at the Donaldsonville facili
PepsiCo exceeded Wall Street estimates with 8.5% revenue growth driven by snack price cuts and stable soda demand. Management navigated rising raw material costs and geopolitical risks while reaffirmi
PepsiCo faces pressure from activist investor Elliott to validate its cost-cutting strategy amid declining volumes. Rising costs for packaging materials like PET resin and LPG threaten margins despite
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