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.
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.
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.
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.
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.
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.
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.
At UPS, Brian Newman to Succeed Richard Peretz as CFO
UPS Inc. said PepsiCo executive Brian Newman will replace Chief Financial Officer Richard Peretz.
PepsiCo to Switch From Plastic to Cans for Aquafina Water
PepsiCo Inc., facing an industrywide backlash against plastic, will experiment with putting its Aquafina water in cans.
PepsiCo Shares Climb to Highest on Record
Call it the nostalgia factor: PepsiCo Inc. is getting a boost from some of its classic brands. The snack and beverage giant posted quarterly results that beat estimates, sending shares to the highest since at least 1980.