Pepsi introduces prebiotic cola
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Coca-Cola (NYSE: KO) and PepsiCo (NASDAQ: PEP) made their names peddling sugary drinks. Traditional soda sales, however, have been falling, forcing. PepsiCo Continues Its Push Into Healthy Snacks ...
PepsiCo reported higher-than-expected quarterly revenue and profit as the company benefited from demand for its healthier drinks and snacks and kept a tight leash on costs.
PepsiCo is a Dividend King by virtue of its 53 consecutive years of payout hikes. The current dividend, which now pays $5.69 per share annually, returns a dividend yield of 3.8% after the post-earnings surge in the stock.
TheStreet. PepsiCo (PEP) , which owns popular food and drink brands such as Pepsi, Lay’s, Gatorade, Quaker, Tostitos, and more, continues to suffer from a dramatic change in customer behavior, and it is making bold moves to address the problem.
The product announcement comes only months after Pepsi acquired Poppi, which is marketed as a healthier alternative for soda lovers, for nearly $2 billion. The low-calorie soda contains a mix of prebiotics, fruit juice and apple cider.
PepsiCo reported better-than-expected quarterly results on Thursday, driven by steady demand for its sodas and snacks in the U.S. and other major markets, including Europe.
PepsiCo announced on Friday their plans to purchase Bare Foods Co, a producer of fruit and vegetable-based snacks to continue their trend of investing in healthy snacking options.
PepsiCo's snack food and beverage volumes both climbed 1% globally in the fourth quarter, with strong growth in Africa and Asia. Net income rose 17% to $1.5 billion.
In April, PepsiCo said it planned to migrate its entire portfolio to natural colors, or give consumers the option to have a product without a synthetic dye. Its Cheetos snacks and Gatorade drinks rely on synthetic dyes for their bright hues.
PepsiCo Challenges Itself To Make Healthier Snacks. ... Rocco Papalia opened a small white foil bag at the headquarters of Frito-Lay, the giant snack-food unit of PepsiCo Inc. Inside were potato ...
As part of PepsiCo, the healthy snacks brand can be rolled out into more locations with an enhanced marketing push. This is Pepsi buying something it probably would have had trouble creating.