The PepsiCo Foundation, the philanthropic arm of one of the world’s leading food and beverage companies, has announced a partnership with the global poverty-fighting organization CARE with an $18.2 million grant to tackle gender inequality in the agriculture sector.
PepsiCo offset dampened yearly profit projections with strong sales growth in Q4 2018, as the company prepares to make significant cost cuts over the coming years.
Non-alcoholic beverage and snack sales across all retail channels grew by 7.9 percent in the four-week period ending January 26, according to an analysis of Nielsen data by Wells Fargo Securities. Analysts attributed the growth to “favorable New Year’s timing” and strong pricing for carbonated soft drinks (CSD).
Pepsi is the latest and biggest beverage maker to hit the gas, as the company today announced the launch of a nitrogen-infused version of its trademark soda called “Nitro Pepsi.”
All three major beverage manufacturers enjoyed individual sales increases during the four-week period ending on Dec. 29, with all-channel dollar sales up 5.8 percent, according to an analysis of Nielsen data by Wells Fargo Securities.
It’s time to look back at the past year by reminiscing on the exciting innovations, landmark deals, and major developments that changed the beverage industry. And there’s no more objective way to do that than list to our most read articles of 2018.
Snack and non-alcoholic beverages sales were up 4.1 percent in the four-week period ending on December 1, according to an analysis of Nielsen data by Wells Fargo Securities. The all channel report showed growing sales of carbonated soft drink (CSDs) across the category’s major players, including The Coca-Cola Company, PepsiCo, and Keurig Dr Pepper (KDP).
The first-ever U.S. Access to Nutrition Index, produced by the Access to Nutrition Foundation (ATNF), an independent non-profit organization, assigns a numerical score on a scale of one to 10 based on an evaluation of what the top ten food and beverage companies in the U.S. are doing to increase consumers’ access to healthy and affordable products.
An increase in dollar sales for sparkling flavored waters and energy drinks helped offset slow growth in carbonated soft drinks (CSDs) and a decrease in tea over a four-week period ending on Nov. 3, according an analysis of Nielsen data by Wells Fargo Securities. Total snack and non-alcoholic beverage sales were up 2.9 percent.
Quaker Oats, a division of PepsiCo, will officially enter the non-dairy plant-based milk space in January with the launch of Oat Beverage, a refrigerated three-SKU line available in 48 oz. multi serve bottles in three varieties: Original, Original Unsweetened and Vanilla.
PepsiCo’s North American beverages division enjoyed a 2.5 percent increase in revenue during the fiscal third quarter of this year, despite a 14 percent decline in profit.
A recent story in The Wall Street Journal explored the transition that major beverage companies are making into new categories.
PepsiCo this morning announced it has entered into a $3.2 billion agreement for the purchase of Israel-based SodaStream International Ltd., makers of tabletop machines that allow users to make carbonated water in reusable bottles.
Indra Nooyi is leaving PepsiCo as its CEO, ending a run of nearly quarter century of leadership roles at the company. In that time Nooyi became an influential and progressive voice for the beverage industry in corporate America.
