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PepsiCo (PEP) News

Price: $174.36
Market Cap: $239.22B
Avg Volume: 5.41M

Country: US
Industry: Beverages - Non-Alcoholic
Sector: Consumer Defensive

Beta: 0.54
52W Range: $158.03-183.41
Website: PepsiCo

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Why PepsiCo (PEP) is a Top Momentum Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

zacks.com

PepsiCo: Not Yet Investable For Long Term Total Returns

PepsiCo needs margin expansion to justify its high valuation; current financials show slower growth and deteriorating margins. Long-term challenges include margin deterioration and competition, despite efforts to optimize supply chains and expand into growth areas. Emerging markets and efficiency improvements are potential growth drivers, but current valuation is too high; I'd consider buying below $160.

seekingalpha.com

Wakeup Call - It's Time To Buy High-Yield Dividends

The market is experiencing robust earnings growth, low inflation, and solid GDP figures, leading many to feel bullish despite underlying economic challenges. While valuations are high, investors are banking on an "immaculate soft landing" for growth, making high-quality dividend stocks an attractive choice. I'm gradually shifting my focus to high-yield dividend stocks, anticipating better risk/reward scenarios compared to the S&P 500 in the coming years.

seekingalpha.com

What Is the Dividend Payout for PepsiCo?

Here's a company that prioritizes dividends for its shareholders.

fool.com

What You Need To Know Ahead of Coca-Cola's Earnings

Coca-Cola (KO) will report its third-quarter earnings before the market opens on Wednesday, and investors will be watching to see how the company fares compared with rival PepsiCo (PEP).

investopedia.com

3 Fortune 500 Industry Leaders Boast Ideal October Dividends

The June/July 2024 edition of Fortune revealed the 500 biggest U.S. companies by revenue and profits. Dogcatcher's quest to sniff-out the best dividend-buys focused on 66 industry-leader profits per YCharts data 10/16/24. Those 66 industry leaders were segmented into 21 business sectors, ranging (alphabetically) from apparel to wholesalers. 3 of the 66 were private or foreign exchange listed firms, not tracked by YCharts, leaving 63-listed. 57 dividend-yielding stocks led those 63 industry leaders and ranged 0.03% to 8.13% in annual yield and ranged -12.12% to 55.72% in broker-estimated one-year target-price-upsides.

seekingalpha.com

Exclusive: In West Bank, Pepsi and Coke bottlers face can and sugar shortage

PepsiCo and Coke bottlers in the West Bank are running out of cans and sugar, blocked by the prolonged closure of a Jordan border crossing, managers of two soda-bottling plants in the occupied Palestinian territory said.

reuters.com

Habit Burger & Grill Announces Free Large PEPSI® with Double Char Purchase

Double the Char, Double the Fizz: Habit Fans Score Free PEPSI with #1 Ranked Double Charburger! Double the Char, Double the Fizz: Habit Fans Score Free PEPSI with #1 Ranked Double Charburger!

globenewswire.com

The Latest on PepsiCo

For investors who are after steady, mature companies, beverage companies might be a good place to start. But not all of them bring the same returns to the table.

fool.com

Think You Have the Next Great Potato Chip Flavor Idea? Lay's® Brings Back Iconic Do Us A Flavor™ Contest with $1 Million Award

Five previously submitted fan-favorite flavors return for a limited time to inspire new submissions PLANO, Texas , Oct. 16, 2024 /PRNewswire/ -- Southern Biscuits & Gravy, Cheesy Garlic Bread and Wasabi Ginger are some of the most beloved potato chip varieties in Lay's® long history of flavor innovation. But what many might not remember – or even know – is that these flavors wouldn't exist if it weren't for the fans.

prnewswire.com

A Market Crash Could Ruin Baby Boomers: 5 Safe High-Yield Dividend Stocks and Advice

24/7 Wall St. Insights The 2025 Social Security COLA will be only 2.5%.

247wallst.com

Best Stock to Buy Right Now: Coca-Cola vs PepsiCo

Investors looking at these two beverage giants should probably err on the side of value, which means that No. 2 is No. 1 right now.

fool.com

Is Dividend King PepsiCo a Buy Post Earnings?

Consumer staples titan and Dividend King PepsiCo (PEP) recently delivered its latest set of quarterly results, with shares seeing a nice pop following the release.

zacks.com

PepsiCo's Gatorade Boosts AI Personalization Capabilities for Athletes

PEP's Gatorade launches a generative AI-powered design experience on its iD free membership platform.

zacks.com

PepsiCo Is 1 Dividend Stock You Might Regret Ignoring

PepsiCo is an interesting stock, even if you are not focused on passive income.

fool.com

PepsiCo (PEP) International Revenue Performance Explored

Review PepsiCo's (PEP) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.

zacks.com

Should Dividend Stock Investors Buy PepsiCo Stock?

The snack and beverage giant is lowering its revenue target for the year.

fool.com

Gatorade Launches Generative AI Squeeze Bottle Personalization to Fuel Athlete Self-Expression

Available exclusively on Gatorade.com, Gatorade iD now offers next level AI design technology through a collaboration with Adobe Firefly so athletes can personalize their own one-of-one signature bottles CHICAGO , Oct. 14, 2024 /PRNewswire/ -- Today, Gatorade announced the launch of a generative AI-powered design experience on its Gatorade iD free membership platform. In partnership with Adobe Firefly, Adobe's family of creative generative AI models that is safe for commercial use, the new customizer tool allows athletes to express their unique styles and interests through nearly endless personalization possibilities on Gatorade Squeeze Bottles.

prnewswire.com

What Dividend King Pepsi's Recent Earnings Report Just Told Investors About the Broader Economy

Pepsi is still delivering solid earnings growth despite concerning buyer trends.

fool.com

All It Takes Is $1,000 Invested in Each of These 3 Dividend Kings to Help Generate Over $100 in Passive Income Per Year

Target, PepsiCo, and Kenvue have high yields and inexpensive valuations.

fool.com

3 Millionaire-Maker Dividend King Food Stocks

Food companies are usually pretty boring, but that doesn't mean they can't make you wealthy. Here are three to keep on your radar right now.

fool.com

PepsiCo Just Cut Guidance. 4 Considerations for Investors Looking at the Stock

Can this beverage and snack giant's stock break out of its recent range?

fool.com

The 12 Best High-Yield Dividend Aristocrats For This Election Season

Despite political uncertainties, sticking to a long-term strategy with dividend aristocrats ensures stability and growth as they adapt to any political or economic environment. These 12 dividend aristocrats offer a 3.8% yield, 9.1% growth, and 12.9% long-term income growth potential, with average 90th percentile risk management, A-credit ratings, and a 41-year dividend growth streak. They offer 17% return potential in the next year, 48% in the next two years, and 73% in the next five years.

seekingalpha.com

2 Magnificent S&P 500 Dividend Stocks Flat and Down 10% to Buy and Hold Forever

These two stocks offer strong long-term investment potential.

fool.com

First DORITOS® Restaurant Elevates Late-Night Favorites at Crypto.com Arena

The new Doritos After Dark™ restaurant expands its culinary journey and 'For the Bold®' mantra with a menu that features globally inspired flavors PLANO, Texas , Oct. 11, 2024 /PRNewswire/ -- Today, DORITOS® introduces a new bold culinary experience for Crypto.com Arena ticket holders who seek the unexpected by opening a Doritos After Dark™ restaurant at the iconic sports and live events arena. Offering everything from spicy appetizers to bold entrees and sweet desserts, the restaurant elevates all dishes with the undeniable flavor and crunch of Doritos chips, inviting fans to feed their late-night curiosity.

prnewswire.com

PepsiCo's $1.2 Billion Siete Purchase: The Underrated Move Shaping Its Future

PepsiCo announced it was buying a company and Wall Street basically yawned. While the deal isn't huge, it is still important.

fool.com

PepsiCo probably raised its prices too much, and now it'll have to pay, analyst says

PepsiCo Inc. hiked its prices through the pandemic and the supply disruptions that followed, and now the beverage and snacks giant could have to reverse course with more discounts, TD Cowen analysts said Thursday in downgrading the company's shares.

marketwatch.com

Calls of the Day: Netflix, PayPal, Honeywell, 3M, PepsiCo, Salesforce, Adobe and Nike

The Investment Committee debate the latest Calls Of The Day.

youtube.com

Jim Cramer talks if PepsiCo's move down is warranted

'Mad Money' host Jim Cramer looks at Pepsico earnings and if they warrant the move down.

youtube.com

A Detailed Analysis of Q3 Earnings Expectations

Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>

zacks.com

Jim Cramer analyzes PepsiCo's share movement in the wake of a revenue miss

As earnings season begins, CNBC's Jim Cramer offered insight on how to consider stock movements before a report. He used PepsiCo as an example, saying Wall Street expected weak sales figures, so the stock didn't get hit badly when it reported an earnings miss.

cnbc.com

Buy 4 October Dividend Aristocrats & Watch 10

"Dividend Aristocrats... in the S&P500 Index… have raised their annual payouts every year for at least 25 consecutive years." -- Kiplinger.com/Investing. 67 Aristocrats, screened as of October 7, 2024 represented all eleven Morningstar Sectors. Broker estimated-top-ten net-gains ranged 10.5%-20.13% topped-by Franklin & Target.

seekingalpha.com

These 2 Consumer Staples Stocks Could Beat Earnings: Why They Should Be on Your Radar

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

zacks.com

PepsiCo Lowers Sales Outlook Amid Sluggish U.S. Consumer Recovery

On Oct 8, PepsiCo ( PEP, Financial) reported its Q3 quarterly results for this year, showing a slower-than-anticipated recovery of the U.S. consumer. The snack and beverage giant scaled back its full-year outlook for organic sales growth to a "low-single-digit" increase, down from the previously projected 4%.

gurufocus.com

Decoding PepsiCo Inc (PEP): A Strategic SWOT Insight

On October 8, 2024, PepsiCo Inc (PEP, Financial) released its 10-Q filing, providing a snapshot of the company's financial health and strategic positioning. As a global leader in snacks and beverages, PepsiCo boasts a diverse portfolio of iconic brands such as Pepsi, Gatorade, and Doritos.

gurufocus.com

PepsiCo's top-line growth will take time: Analyst

Citi Research's Filippo Falorni weighs in on PepsiCo's Q3 results, how it's providing value to its customers – and if "shrinkflation" plays any part in that.

youtube.com

PepsiCo is considering consumer value amid shrinkflation: Analyst

PepsiCo (PEP) released mixed third quarter results, missing on revenue ($23.32 billion versus estimates of $23.8 billion) and narrowly eeking by earnings estimates (gains of $2.31 per share versus expectations of $2.30). The soft drink and snack giant revised its 2024 full-year sales outlook following lagging North American and international sales.

youtube.com

PepsiCo Adapts to Consumer Shift Toward Mini-Meals Amid Economic Pressures

Consumer spending trends are evolving. Take, for example, eating habits.

pymnts.com

3-Stock Lunch: American Express, PepsiCo & Docusign

Eva Ados, ERShares chief investment strategist, joins 'Power Lunch' to discuss stock plays for three stocks.

youtube.com

PepsiCo Reports a 'Slower' Consumer Recovery as Earnings Season Starts

PepsiCo (PEP) executives said they're seeing a “slower” recovery of the U.S. consumer as the snack-and-drink giant turned in its latest quarterly results, one of the first major reports to arrive in the new earnings season.

investopedia.com

PepsiCo lowers annual revenue forecast, softer demand and geopolitical tensions weigh

In the third quarter, PepsiCo generated $23.32 billion in net revenue, a 0.6% decline from the same period a year ago and below Wall Street estimates of $23.76 billion.

foxbusiness.com

PepsiCo's Higher Productivity Key To Navigating Slower Sales Growth, BofA Analyst Remains Bullish

BofA Securities analyst Bryan D. Spillane expresses views on PepsiCo, Inc.‘s PEP mixed third-quarter results reported on Tuesday.

benzinga.com

PepsiCo cuts outlook as consumers pull back on spending

PepsiCo (PEP) trimmed its 2024 outlook due to North American sales falling short of expectations, raising concerns about the strength of the consumer. Yahoo Finance's Executive Editor Brian Sozzi joins Morning Brief with a recap of his takeaways from the PepsiCo earnings call and what it says about consumer spending.

youtube.com

PepsiCo 'pushed it too far' with 'shrinkflation': Analyst

To discuss the stock's reaction and the broader snack industry landscape, Bank of America Securities senior consumer goods analyst Bryan Spillane joins Morning Brief. Spillane notes that PepsiCo stock has "already underperformed the market" throughout 2024, suggesting that the lackluster results were largely priced into the stock.

youtube.com

PEP Q3 Earnings Beat Estimates, Subdued Category Demand Hurt Sales

PepsiCo's Q3 sales continue to reflect the impacts of subdued category demand and QFNA recall issues, while earnings gain from stringent productivity measures.

zacks.com

Pepsi posts mixed quarterly earnings, lowers sales forecast

PepsiCo Inc (NASDAQ:PEP, ETR:PEP) shares traded higher after it reported mixed quarterly earnings and lowered its full-year revenue forecast. Earnings per share (EPS) of $2.31 narrowly beat estimates of $2.30 while revenue declined by 0.6% to $23.3 billion, below the $23.9 billion Wall Street consensus.

proactiveinvestors.com

PepsiCo's Mixed Q3 Results: Modest Gains Amid Global Challenges

PepsiCo (PEP +1%) reported mixed Q3 results, leading to a modest increase in its share price. The company, known for its Frito-Lay and Quaker brands, exceeded earnings expectations but missed revenue estimates, showing a slight year-over-year decline when growth was anticipated.

gurufocus.com

PepsiCo (PEP) Lowers Revenue Forecast Amid Sales Decline and Middle East Boycott

PepsiCo (PEP, Financial) reported a 0.6% decrease in third-quarter revenue to $23.32 billion, falling short of market expectations of $23.76 billion. However, adjusted earnings per share rose by 5% to $2.31, surpassing the anticipated $2.29.

gurufocus.com

PepsiCo, Inc. (PEP) Q3 2024 Earnings Call Transcript

PepsiCo, Inc. (NASDAQ:PEP ) Q3 2024 Earnings Conference Call October 8, 2024 8:15 AM ET Company Participants Ravi Pamnani - Senior Vice President, Investor Relations Ramon Laguarta - Chairman & Chief Executive Officer Jamie Caulfield - Executive Vice President & Chief Financial Officer Conference Call Participants Lauren Lieberman - Barclays Bryan Spillane - BofA Kaumil Gajrawala - Jefferies Dara Mohsenian - Morgan Stanley Filippo Falorni - Citi Peter Grom - UBS Robert Moskow - TD Cowen Steve Powers - Deutsche Bank Andrea Teixeira - JPMorgan Chris Carey - Wells Fargo Securities Robert Ottenstein - Evercore ISI Kevin Grundy - BNP Paribas Operator Good morning, and welcome to PepsiCo's 2024 Third Quarter Earnings Question-and-Answer Session. Your lines have been placed on listen-only until it is your turn to ask the question.

seekingalpha.com

PepsiCo (PEP) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

The headline numbers for PepsiCo (PEP) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

zacks.com

PepsiCo (PEP) Shares Rise Despite Q3 Revenue Miss

PepsiCo (PEP, Financial) saw its stock rise over 1%, closing at $168.97. The company's third-quarter revenue fell 0.6% year over year to $23.32 billion, missing the market expectation of $23.76 billion.

gurufocus.com

PEP Cuts Guidance Off Revenue Miss, QCOM & AXP Downgrades

PepsiCo (PEP) trading is mixed Tuesday morning after the company lowered its full-year revenue guidance. Qualcomm (QCOM) slipped after getting a downgrade, as did American Express (AXP) following downgrades from BTIG and HSBC.

youtube.com

This Is the Entry Into PepsiCo You've Been Waiting For

Investors looking to enter PepsiCo NASDAQ: PEP stock or build on existing positions should rejoice. The FQ3 2024 earnings report was weaker than expected, causing the stock price to dip.

marketbeat.com

US Stocks Edge Higher; PepsiCo Cuts 2024 Revenue Outlook

U.S. stocks traded higher this morning, with the Nasdaq Composite gaining around 0.5% on Tuesday.

benzinga.com

PepsiCo (PEP) Lowers Revenue Forecast Amid Sales Decline

PepsiCo (PEP, Financial) released its third-quarter financial results, revealing a 0.6% year-on-year decline in revenue to $23.32 billion, missing the market expectation of $23.76 billion. However, adjusted earnings per share rose by 5% to $2.31, surpassing the expected $2.29.

gurufocus.com

PepsiCo Posts Weaker-Than-Expected Results, Cuts FY Sales Outlook Again

PepsiCo (PEP) reported declining third-quarter revenue and profit, and again lowered its full-year sales outlook, as the beverage and snack giant said inflation has continued to impact consumer spending.

investopedia.com

Is Pepsi Stock a Steal Today? Here's What the Market Says

It's not very often that investors get to pick up a value deal from the stock market. Still, when these sorts of opportunities come around, everyone should get involved before the chance is erased.

marketbeat.com

PepsiCo (PEP) Beats Q3 Earnings Estimates

PepsiCo (PEP) came out with quarterly earnings of $2.31 per share, beating the Zacks Consensus Estimate of $2.30 per share. This compares to earnings of $2.25 per share a year ago.

zacks.com

When Six Figures Isn't Enough: 3 Dividend Stocks To Help HENRYs Finally Feel Rich

HENRYs, or High Earners Not Rich Yet, face challenges with rising costs and lifestyle inflation. Despite six-figure salaries, they feel financially constrained. The solution to financial peace lies in dividend growth investing. Consistent income from strong dividend stocks can provide stability and long-term wealth growth. Three dividend stocks are highlighted as ideal picks for compounding wealth and protecting against economic headwinds, with excellent track records and robust business models.

seekingalpha.com

US Stocks Poised To Bounce Back As Bond Yields Dip, Oil Prices Slide, PepsiCo Pulls Back: Set-up 'Quite Positive' For Equities, Says Economist

Wall Street is gearing up for a firmer start on Tuesday after stocks pulled back sharply in the previous session. The index futures firmed up amid a pullback in the 10-year Treasury note yield and dovish comments issued by a Federal Reserve official.

benzinga.com

PepsiCo trims revenue outlook as North American snacking, key international markets lag

PepsiCo reported third-quarter earnings that beat Wall Street's estimates, but its revenue was weaker than expected. The food and beverage giant lowered its full-year outlook for organic revenue.

cnbc.com

The Zacks Analyst Blog JPMorgan, Wells Fargo BlackRock, PepsiCo and Delta

JPMorgan, Wells Fargo BlackRock, PepsiCo and Delta are included in this Analyst Blog.

zacks.com

Should You Buy Dividend King Stock Pepsi Before October 8?

Pepsi's earnings call should provide insight into the health of the consumer.

fool.com

PepsiCo Reports Earnings Tuesday. What to Watch.

Last quarter, after sales missed estimates, Pepsi's CEO highlighted a price conscious consumer and hinted at the need for lower prices.

barrons.com

Options Traders Double Down on Coca-Cola Rival

Shares of PepsiCo Inc (NASDAQ:PEP) are trading down 0.5% at $167.21 this afternoon, with traders gearing up for the company's third-quarter earnings, which are due out before the open tomorrow, Tuesday, Oct. 8.

schaeffersresearch.com

"I Like the Priced-In Angle" of PepsiCo (PEP)

"You can go without anything that Pepsi makes," according to Landon Swan with @LikeFolio. That means consumers can cut the company out of their everyday spending.

youtube.com

PepsiCo Slumps Ahead Of Q3: Can Earnings Bring The Fizz Back?

Wall Street expects PepsiCo Inc PEP to announce $2.29 in earnings per share when the soft drink giant announces third-quarter earnings before market hours Tuesday.

benzinga.com

How To Earn $500 A Month From PepsiCo Stock Ahead Of Q3 Earnings

PepsiCo, Inc. PEP will release earnings results for its third quarter, before the opening bell on Tuesday, Oct. 8.

benzinga.com

3 Undervalued Dividend Stocks Primed for Growth in 2025

In volatile markets, investors are often reminded of the relative security in dividend stocks. These are considered safe havens that can help you generate strong long-term returns.

marketbeat.com

Should Investors Buy PepsiCo (PEP) Shares Before Earnings?

Before we get to the big banks, a consumer staples favorite, PepsiCo (PEP), is on the reporting docket for next week (Tuesday, October 8th) before the market opens.

zacks.com

A Lifetime of Passive Income Is Hiding in Plain Sight With This ETF and These 2 No-Brainer Dividend Kings

Investing in steady dividend-paying companies is a great way to generate passive income no matter what the stock market is doing.

fool.com

What You Need To Know Ahead of PepsiCo's Earnings Tuesday

PepsiCo (PEP) reports earnings Tuesday morning, with analysts expecting modest growth in revenue and profits after the company warned consumers have become more value-conscious, holding back sales.

investopedia.com

PepsiCo Q3 Results Preview: Company's EPS Streak Potentially Under Threat

PepsiCo, Inc.'s Q3 earnings report is anticipated to show modest revenue growth but strong EPS performance, continuing its trend of beating EPS estimates. Quaker Foods' performance remains a concern due to product recalls and declining revenues, impacting overall company growth. The North America Beverage segment shows strong margin expansion despite revenue declines, driven by zero sugar variants and Gatorade.

seekingalpha.com

Evaluating PepsiCo Before Q3 Earnings: Buy the Stock Now or Hold Off?

Continued soft trends in North America, including headwinds in the QFNA segment, are expected to mar PEP's Q3 results. Its growth initiatives appear promising.

zacks.com

Tostitos® and Julian Edelman Team Up to Introduce the Ultimate Gameday Snack Hack: Tostitos Salsa Cereal

Tostitos® Salsa Cereal turns a quirky online trend into a classic gameday snacking ritual with limited-edition kits PLANO, Texas , Oct. 3, 2024 /PRNewswire/ -- There is no better snack duo on gameday than Tostitos® chips and salsa - a pairing so beloved that even diehard football fans are willing to take their eyes off the game to get the perfect bite. But this season, Tostitos and legendary wide receiver Julian Edelman are changing the game and introducing the most creative way to snack: Tostitos Salsa Cereal.

prnewswire.com

PepsiCo to Buy Siete in a $1.2B Deal: Will it Boost the Stock?

PEP agrees to acquire Siete Foods for $1.2 billion. This looks to expand the company's better-for-you offerings.

zacks.com

PepsiCo bets on health-conscious consumers to revive its snack business: here's how

PepsiCo has acquired the Mexican-American food brand Siete Foods, hoping it can penetrate into the growing market of health conscious consumers.

invezz.com

PepsiCo is betting $1 billion on tortilla chips as a ‘healthier' snack

On Tuesday, PepsiCo agreed to acquire grain-free Mexican-American brand Siete Foods for $1.2 billion, adding to its roster of healthier food and snack offerings, according to the Wall Street Journal.

fastcompany.com

PepsiCo Announces $1.2 Billion Acquisition of Siete Foods

PepsiCo has revealed plans to acquire Siete Foods, a Mexico-USA based food company, for $1.2 billion. This marks PepsiCo's first acquisition in the food industry in nearly five years.

gurufocus.com

PepsiCo to pay $1.2 billion to buy Siete, to boost multicultural food offering

PepsiCo's stock rose Tuesday, bucking the selloff in the broader stock market, after the beverage and snacks giant announced an agreement to buy Mexican-American foods maker Siete Foods for $1.2 billion a week before earnings are released.

marketwatch.com

PepsiCo (PEP) Earnings Expected to Grow: Should You Buy?

PepsiCo (PEP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

zacks.com

PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

PepsiCo is buying Mexican-American food company Siete Foods for $1.2 billion. Siete's tortilla chips and other products are designed to meet dietary restrictions.

cnbc.com

PepsiCo to acquire Garza Food Ventures for $1.2 billion

PepsiCo said on Tuesday it would acquire Garza Food Ventures for $1.2 billion.

reuters.com

PEPSICO TO ACQUIRE SIETE FOODS FOR $1.2 BILLION

PURCHASE, N.Y. and AUSTIN, Texas , Oct. 1, 2024 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) ("PepsiCo") today announced that it has entered into a definitive agreement to acquire Garza Food Ventures LLC, dba Siete Foods ("Siete") for $1.2 billion.

prnewswire.com

PepsiCo nearing $1 billion acquisition deal for Siete Foods?

PepsiCo Inc. (PEP.O) is in advanced discussions to purchase Texas-based tortilla-chip maker Siete Foods for more than $1 billion, according to sources cited by the Wall Street Journal. The Garza family, which owns and operates Siete Foods, has built a popular brand known for its grain-free snacks and tortillas.

invezz.com

PepsiCo in talks to buy tortilla-chip maker Siete Foods for more than $1 bln, WSJ reports

PepsiCo is in advanced talks to acquire tortilla-chip maker Siete Foods for more than $1 billion, Wall Street Journal reported on Monday.

reuters.com

PepsiCo Nears Deal for Tortilla-Chip Maker Siete Foods

PepsiCo is in advanced talks to acquire tortilla-chip maker Siete Foods for more than $1 billion, according to people familiar with the matter. A deal for the closely held business could be announced soon, provided the talks don't fall apart, the people said.

wsj.com

Pepsi's growth prospects dwindle as Bank of America downgrades earnings estimates

Bank of America has revised its earnings estimates for PepsiCo Inc (NASDAQ:PEP, ETR:PEP), reflecting persistent weaknesses in the company's North American Snacks and Beverages segments, particularly within convenience store channels. In a note Monday, analysts at Bank of America reduced their FY24 and FY25 earnings estimates, projecting organic revenue growth of just 1% for Q3 2024 and 3.1% for FY25.

proactiveinvestors.com

Is PepsiCo Stock a Buy, Sell or Hold at a 19.8X P/E Multiple?

While PEP's North America business remains troubled, its strategies and execution indicate long-term growth potential.

zacks.com

Dip Buying Opportunity: 2 Dividend Growth Stocks For Potential Long-Term Upside

Visa and Pepsi are facing headwinds, creating attractive buying opportunities for long-term investors due to their recent price declines. Visa's strong fundamentals include double-digit revenue growth, low payout ratio, and robust cash flow supporting continued buybacks. Pepsi, a Dividend King, has a solid dividend track record, and I expect growth to pick up as interest rates should provide tailwinds.

seekingalpha.com

15 Best Dividend Stocks for Lifelong Passive Income

Dividend sustainability trumps high yields when selecting stocks for passive income. The featured companies span diverse sectors including healthcare, consumer goods, retail, finance, and real estate.

fool.com

Better Bull Market Buy: Coca-Cola vs PepsiCo

PepsiCo generates much more revenue than Coca-Cola, but their operating profits are similar. Coca-Cola has adjusted to changing consumer preferences along with the success of its legacy brands.

fool.com

3 Growth Stocks to Buy and Hold Forever

E-commerce behemoth Amazon might be an obvious pick, but that doesn't make it a bad one. In many ways, where MercadoLibre is now is where Amazon was 20 years ago.

fool.com

2 Millionaire-Maker Dividend-Paying Consumer Staples Stocks

Consumer staples companies make small products we buy on a regular basis, creating reliable income streams. PepsiCo has a broadly diversified food business, looks reasonably priced, and has increased its dividend annually for five decades.

fool.com

Calls of the Day: Salesforce, Walmart, Pepsico and Amgen

The Investment Committee debate the latest Calls Of The Day.

youtube.com

Lean Into These 3 Dividend Stocks for a “Sleep At Night” Retirement

Since July, markets have been volatile, and this volatility has provided plenty of opportunities for traders and those with a shorter-term investing time horizon to make some money.

247wallst.com

My Best Dividend Aristocrats For October 2024

The ProShares S&P 500 Dividend Aristocrats ETF extends it's good form in the second half of 2024, adding a gain of 3.69% in August. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 38 months of tracking these strategies, all 3 strategies are generating a CAGR superior to NOBL while also offering a higher starting dividend yield.

seekingalpha.com

Top 5 Soft Drink Stocks Ready to Weather Industry Challenges