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Coca-Cola Escapes New Tariff Costs With US-Based Production, While PepsiCo's Irish Supply Faces 10% Levy
Monday, April 21, 2025 - 5:38am | 371New U.S. tariffs are impacting the cold drink companies, with the Coca-Cola Co. (NYSE:KO) ending up with a cost advantage over PepsiCo Inc. (NASDAQ:PEP). The key factor behind the change is where each company manufactures the concentrate that forms the base of their sodas. What Happened: PepsiCo...
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PepsiCo Q1 Earnings Preview: Can Beverage Giant Keep Streak Of EPS Beats Alive? One Analyst Cautions On Salty Snacks
Monday, April 22, 2024 - 5:44pm | 452Beverage and food giant PepsiCo Inc (NASDAQ:PEP) is set to report first-quarter financial results before the market open Tuesday. Here are the key earnings estimates and what analysts are saying ahead of the report. Earnings Estimates: Analysts expect Pepsi to report first-quarter revenue of $18.08...
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Remember Crystal Pepsi? Here Are 10 Weird Flavors Of The Coca-Cola Rival From Around The World
Thursday, April 11, 2024 - 10:20am | 1613Do you have nostalgia for the Crystal Pepsi era of the 1990s? Pepsi has put out many stranger flavors of its iconic drink around the world over the years. Pepsi Blue A contemporary bottle next to a glass of Pepsi Blue. Image Via Shutterstock Pepsi Blue was a berry-flavored version of the...
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Coca Cola, Pepsi Get On Investor Radars Thanks To Weight Loss Drug Ozempic — Levi, Rivian And Tesla Trending As Well Today
Thursday, October 5, 2023 - 10:17pm | 654U.S. stocks experienced a slight downturn towards the end of trading, with the Dow Jones falling around 10 points. The Dow descended by 0.03% to 33,119.57, while the NASDAQ and the S&P 500 both fell by 0.1% and, landed at 13,219.83 and 4,258.19 respectively. These are the top stocks that...
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PepsiCo's $95M Investment Sets The Table For Expanding In Northeast India
Wednesday, September 6, 2023 - 7:46am | 657This story was first published on the Benzinga India portal. Food and beverage giant PepsiCo's (NASDAQ: PEP) Indian arm has announced a significant investment of approximately $95 million to establish its first food-centric manufacturing facility in the northeastern Indian state of Assam,...
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Key Ingredient In Drink Guzzled By Musk, Trump Labeled Possible Cancer Hazard By WHO: What You Should Know
Friday, July 14, 2023 - 5:27am | 538The World Health Organization (WHO), on Wednesday, announced that aspartame — a key ingredient in Diet Coke that Tesla CEO Elon Musk and former President Donald Trump are known to guzzle — could potentially cause cancer. The decision was keenly awaited since last month. What Happened: The WHO...
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Consumer Brands Association, Kellogg's, Pepsi, Call On Congress To Crack Down On Copycat THC Edibles
Thursday, April 28, 2022 - 9:53pm | 550According to a new study published in Drug and Alcohol Dependence by researchers at NYU School of Global Public Health, “copycat” edibles can have levels of tetrahydrocannabinol or THC “that far exceed the limits set by state cannabis regulations” and may be easily confused...
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Shares Of PepsiCo Inc. (PEP) Rise Above Previous 52-Week High
Thursday, August 19, 2021 - 12:28pm | 715The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Shares of PepsiCo Inc. (NASDAQ: PEP) traded at a new 52-week high today of $158.81. Approximately 337,000 shares have changed hands today...
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Pepsi Releases Solid Quarter Results During Its Biggest Month Of The Year
Thursday, February 13, 2020 - 12:20pm | 774The beverage and snack giant Pepsi Co Inc (NASDAQ: PEP) topped Wall Street estimates for its fourth-quarter earnings and revenue. The only blurry side of the picture is the 2020 outlook that is below expectations. And this is the reason behind the fact its shares only rose less than 1 percent in...
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Coronavirus Fears Back On Big Earnings Day As Alibaba, PepsiCo, Nvidia All Report
Thursday, February 13, 2020 - 11:05am | 2154Anyone who went to bed last night thinking the market’s coronavirus fears had faded got a rude awakening this morning. Stocks fell sharply overseas and U.S. futures plunged after China reported thousands more cases and a larger death toll. The bad news puts this week’s fast-paced rally...
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Coca-Cola Joins Pepsi In "Dumping Sugar And Sweetening Earnings"
Monday, October 21, 2019 - 10:24am | 921Both Rivals Manage to Top Earnings Estimates On Friday, the beverage giant reported its third quarter earnings and managed to exceed analysts' estimates. Coca-Cola Co's (NYSE: KO) healthier strategy represented with its Zero Sugar line and smaller can sizes proved successful as it drove...
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UPS Takes Rare Step Outside Four Walls, Names Pepsi Executive New CFO
Tuesday, August 13, 2019 - 10:34am | 226UPS Inc. (NYSE: UPS) said today it has named Brian Newman, executive vice president of finance and operations, Latin America for PepsiCo. (NYSE: PEP) to be the company's new chief financial officer (CFO), taking the rare step of going outside the company to fill such a high-profile position....
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As Investors Await Fed Chair Testimony Wednesday, PepsiCo Delivers Strong Results
Tuesday, July 9, 2019 - 10:14am | 2153Trepidation seems to be growing as investors prepare for two days of Fed Chair Jerome Powell’s “Humphrey Hawkins” testimony to Congress starting tomorrow. U.S. stocks could follow European markets’ overnight lead downward to start Tuesday as weakness grows ahead of Powell...
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Rates Still In Focus: Financial Stocks Might Feel Heat As Investors Concerned About Yields
Monday, March 25, 2019 - 9:55am | 2356It looks like things might start the new week right where they left off last Friday: In the red. Those worries about global growth haven’t necessarily gone away, and yesterday’s political developments in Washington—which some analysts saw saw as positive for stocks—aren...
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Credit Suisse Downgrades PepsiCo To Neutral Amid 'Increased Caution' For Entire Sector
Friday, September 8, 2017 - 10:22am | 369Analysts at Credit Suisse turned cautious on the entire U.S. beverage industry which prompted a downgrade of PepsiCo, Inc. (NYSE: PEP). The firm's Laurent Grandet downgraded PepsiCo's stock rating from Outperform to Neutral with a price target lowered from $126 to $124. PepsiCo's success over the...