PepsiCo Foods North America saw a drop in both revenue as well as volume growth for the first quarter, hinting at lower demand in America as costs rise.
PepsiCo is working to diversify away from its standard soda and snacks by making acquisitions of healthier brands.
Pepsico will expand its snacks business in India, as consumption is very low vis-a-vis other countries and with growing urbanisation and more money coming in the pockets
Strong earnings visibility, backed by superior execution and large growth headroom.
Products sold by companies including Nestle, Pepsico and Unilever were assessed as part of a global index published by the Access to Nutrition Initiative (ATNI), its first since 2021
HSBC has maintained its 'buy' rating on Varun Beverages, setting a target price of Rs 780, implying an upside potential of approximately 32 prrcent from the previous closing price.
From US drugmaker Pfizer's stake sale in Sensodyne maker Haleon to Beijing joining the list of Chinese cities easing home-buying restrictions, here's a look at some of the major developments from across the world.
Varun Beverages' shares gained following BofA Securities' "Buy" call with a target price of Rs 1,840, highlighting strong fundamentals and growth potential from new products and market expansions.
The company's revenue rose 0.8% to $22.50 billion in the quarter, while analysts had estimated $22.57 billion, according to LSEG data.
The social media influencer said Indian snack makers such as Bingo and Haldiram will also be under pressure to cut or replace palm oil in their products
PepsiCo's first-quarter net revenue rose 2.3% to $18.25 billion, beating LSEG estimates of $18.07 billion.
Nooyi, considered among the most powerful and influential business executives globally, issued an over 10-minute long video advising Indian students coming to the US to stay safe and alert and to avoid activities that can land them in trouble.
The addition of Spotify to the French advertising holding group's client roster makes this the second mega media account that Publicis Groupe in India has bagged following a global realignment.
PepsiCo's profit rose in the fourth quarter thanks in part to lower charges, though revenue declined slightly.The food and beverage company also said Friday .
The PepsiCo case marks a watershed moment in India’s agri and bio-technology innovation sector
The court directed that the application be decided in accordance with the law and the present order, and dismissed the cross appeal against the order by farm rights activist Kavitha Kuruganti.
HC set aside the order of a single judge from July 2023, upholding the revocation of patent by Protection of Plant Varieties and Farmers' Rights (PPVFR) Authority in 2021
Focus on under-penetrated markets in India and higher growth rate in international geographies to drive earnings growth
South Africa is the largest soft drinks market in the African continent, which is expected to grow at a CAGR of 5.3 per cent for the next four years till 2027.
A customer, during a snack session with a Rs 5 packet of Lay's potato chips, was left dumbfounded when he discovered only two pieces of chips inside.
Johnston will report to Disney CEO Bob Iger, who returned to the Burbank, California entertainment giant just less than a year ago.
Pepsi raised prices 11% in the July-September period, the seventh straight quarter that the Purchase, New York, company has implemented double-digit price hikes. Sales volumes fell 2.5%.
The court however restrained Parle from altering the label on its “B Fizz” beverage bottle/can without its prior approval. Furthermore, Parle is not permitted to use the tagline “For The Bold” as the predominant part of any advertising campaign for its “B Fizz” beverage.
"Today we marked the beginning of a Rs 770 cr PepsiCo plant in Nalbari. This will generate 450+ jobs & improve lives of 5000+ farmers," CM Himanta Biswa Sarma wrote on X, formerly Twitter.
The company's Convenient foods unit volume had a "mid-single-digit decline" in the June quarter, PepsiCo said in its global earnings statement.