PepsiCo is teaming up with a Chinese partner to build a Quaker oats production facility in the Asian country. The US-headquartered food and drinks giant has inked what it called a “strategic cooperation” agreement with Jiangsu Rilong Food Co. to invest around 500 million yuan ($68.9m) in the new plant.
Let’s dig into the relative performance of PepsiCo (NASDAQ:PEP) and its peers as we unravel the now-completed Q3 beverages, alcohol, and tobacco earnings season.
Looking ahead to fiscal year 2026, Evercore ISI projects an EPS growth of roughly 7% to $9.10. This forecast is based on a price-to-earnings (P/E) ratio of 19x, down from the previous 20.5x, factoring in the aforementioned political and category risks.
PepsiCo (NASDAQ: PEP) is a well-known company and most investors probably have a good understanding of what it does. Right now, the dividend yield on PepsiCo stock is a historically high 3.6%, which suggests the stock is on sale.
PepsiCo Inc (PEP) stock saw a modest uptick, ending the day at $149.12 which represents a slight increase of $0.50 or 0.34% from the prior close of $148.62. The stock opened at $148.82 and touched a low of $148.
A lawsuit filed by the Federal Trade Commission alleges that food and beverage maker PepsiCo engaged in illegal price discrimination by giving unfair price advantages to one big-box retailer.
PepsiCo recently issued a policy on its site declaring viewpoint neutrality in its media-buying and content policies "with respect to political or religious status or views."
PepsiCo, an American multinational food, snack, and beverage corporation, is now a $196 billion (by market cap) snack and beverage beast. Read more here.
My long-term financial goal is to eventually collect enough passive income each year to cover my basic living expenses. One aspect of my strategy is to invest in companies that pay an above-average dividend that steadily rises.
The Federal Trade Commission on Friday filed a lawsuit against PepsiCo, Inc., alleging the company engaged in illegal price discrimination by giving an unnamed "large, big box" retailer unfair pricing advantages, while raising prices for others.
Siete, which produces Mexican-American food products such as chips, tortillas, salsas, sauces and seasonings, was acquired by PepsiCo earlier this month for $1.2 billion. The brand began working with the club’s 4ATX Foundation in 2023 and became an official team sponsor in 2024.
Siete is officially part of PepsiCo Inc. The global food and beverage company announced plans to acquire Austin-grown Garza Food Ventures LLC, known as Siete, late last year — a $1.2 billion deal that was finalized Jan. 17. It’s unclear if Siete will move its headquarters or continue to be based in Austin.