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The current macro environment has negatively impacted high-quality businesses financially, leading many to implement cost-cutting measures. Consumers have also been financially constrained, leading to them seeking value due to high interest rates. This has weighed heavily on businesses like Pepsi & Starbucks, leading to both companies to slash full-year guidance earlier this year.
PURCHASE, N.Y. , July 25, 2024 /PRNewswire/ -- The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) today declared a quarterly dividend of $1.355 per share of PepsiCo common stock, a 7 percent increase versus the comparable year-earlier period.
PepsiCo (PEP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Despite its dominance in the carbonated beverage market, Coca-Cola's shares have actually underperformed those of rival PepsiCo. Although the two companies are seemingly similar, their operations are distinctly different. Coca-Cola spends a great deal of money on personnel and administration that it doesn't seem it should need.
PepsiCo's strategic focus on expanding its snack segment has proven beneficial, with higher margins compared to beverages. The company has faced challenges with its pricing strategy, as evidenced by recent declines in volume despite price increases. Questions remain about its working capital management and the impact on future cash flows and profitability.
Co-founding Partner ESPN, National Partner Gatorade and the Women's Sports Foundation (WSF ® ) honor 10 years of this powerful initiative by awarding a historic $500,000 to 50 community organizations supporting girls of color through sports. WNBA legend Sue Bird honors the Foundation's 50th anniversary with a special donation in partnership with CarMax to the Sports 4 Life program.
The initiative includes industry-first pilot programs to build a more sustainable and equitable food system PLANO, Texas , July 24, 2024 /PRNewswire/ -- PepsiCo Foods North America today announced its Planting Pathways Initiative, charting an industry-leading and transformative course for expanding agricultural opportunities. Recent USDA Census of Agriculture data shows that farmers under the age of 35 make up just 9% of the U.S. farming industry.
LOS ANGELES--(BUSINESS WIRE)--"Flamin' Hot Cheetos" Inventor Sues PepsiCo for Defamation, Fraud and Unfair Competition.
Southern Company just completed one of the largest projects in its history. The utility sector is chock-full of passive income plays.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?