beverages

Beverage and snack giant PepsiCo, Inc. (NASDAQ: PEP) reported third-quarter results that came in better than expected. Pepsi Earnings Recap: PepsiCo said it earned $1.66 per share in the third quarter on revenue of $18.09 billion against Street expectations of $1.49 per share and revenue of $...

Individuals troubled with insomnia or stress might have found an unusual solution in beverage maker PepsiCo, Inc. (NASDAQ: PEP) with their new beverage launch. What Happened: PepsiCo CEO Ramon Laguarta held an internal competition for employees last year to create a new and exciting product. The...

Keurig Dr Pepper Inc (NYSE: KDP) has strong exposure to the at-home coffee segment that will prove to be a winner even in the post-COVID world, according to Morgan Stanley. The Keurig Dr Pepper Analyst: Dara Mohsenian upgraded Keurig Dr Pepper from Equal-Weight to Overweight with a price...

The Coca-Cola Company (NYSE: KO) announced Thursday that it will launch a hard seltzer drink under the banner of its Topo Chico mineral water brand. With this announcement, it's a rare foray into alcoholic beverages for 128-year-old Coca-Cola.  Coke's Plans For Topo...

Beverage giant Coca-Cola Co (NYSE: KO) is trading at an "outsized valuation discount" versus its peers, and investors should take advantage of the compelling valuation gap, according to Morgan Stanley. The Coca-Cola Analyst: Dara Mohsenian upgraded Coca-Cola from Equal-weight to...

Beverage giant Coca-Cola Co (NYSE: KO) reported Tuesday morning with second quarter results that were notable for a 16% decrease in global unit case volume and a 33% decline in earnings. Earnings came in better than expected, at 42 cents per share versus a Street estimate of 40 cents...

Keurig Dr Pepper Inc (NYSE: KDP) seems poised to beat second-quarter expectations and raise its full-year guidance, according to Goldman Sachs. The Keurig Dr Pepper Analyst: Bonnie Herzog upgraded Keurig Dr Pepper from Neutral to Buy and raised the price target from $27 to $33. The Keurig Dr Pepper...

The hard seltzer category will continue to grow, but one of the winners in the space today, Boston Beer Company Inc (NYSE: SAM), will remain a leader, according to RBC Capital Markets. The Boston Beer Analyst: Nik Modi maintained an Outperform rating on Boston Beer Company's stock with a...

Beverage and snack giant PepsiCo, Inc. (NASDAQ: PEP) announced Tuesday the launch of two direct-to-consumer portals, PantryShop.com and Snacks.com. DTC Site Offers Brands Like Gatorade, Tropicana  PepsiCo has spent the past few years working to become a "faster, stronger, better company...

Certain beverage brands and pack sizes from Constellation Brands, Inc. (NYSE: STZ) are already facing availability issues, and the company's number of products out of stock could increase through June, regardless of Mexico’s decision to permit production, according to MKM...

Global beverage and snacking giant PepsiCo, Inc. (NASDAQ: PEP) reported first-quarter results Tuesday that were highlighted by strong organic sales growth, but the company cautioned there's a "great deal of uncertainty" ahead. Here's how two bull analysts reacted to the print....

Coca-Cola Co (NYSE: KO) saw its global volumes fall 25% since the start of April which marks a complete reversal from prior trends, CNBC's Sara Eisen reported Tuesday. Coca-Cola reported first-quarter earnings of 51 cents per share, which beat consensus estimate by 7 cents. Revenue of $8.6...

Morgan Stanley's bullish case for Coca-Cola Co (NYSE: KO) and Monster Beverage Corp (NASDAQ: MNST) can no longer be justified amid the coronavirus outbreak. The Analyst Dara Mohsenian downgraded Coca-Cola's stock from Overweight to Equal-Weight with a price target lowered from $65 to $...

The sky isn’t the only place with stars. If you live in California you might run into one, and if you like Corona, you might have drank one. The parent company of Corona, Modelo Especial and others is Constellation Brands, Inc. (NYSE: STZ), and its stock ticker is short for “stars...

PepsiCo, Inc. (NASDAQ: PEP) announced Wednesday it reached an agreement to acquire energy drink maker Rockstar Energy Beverages for $3.85 billion. What Happened PepsiCo's relationship with Rockstar dates back to 2009 when it started distributing energy drinks in North America. Under PepsiCo...