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PepsiCo said Tuesday that high prices and changing consumer tastes have weakened U.S. demand for its snacks and drinks but it's confident it can turn that around in the coming year. PepsiCo hit ...
PepsiCo CEO Ramon Laguarta said GLP-1 drugs for weight loss and diabetes, such as Ozempic, Wegovy, and Mounjaro, aren't yet having an effect on the business. ... "This is a problem for the entire ...
Shares of PepsiCo are down about 14% in the past three months, underperforming the S&P 500's 5% gain. The stock price of rival Coca-Cola ( KO ) is down 9% over the same stretch, while Spam maker ...
[2] Studies sponsored by Olestra's manufacturer, Procter & Gamble, contradicted many of the anecdotal reports of digestive symptoms, but did not increase public acceptance of products containing Olestra. [3] Frito-Lay eventually rebranded the WOW Chips to "Light." However, the products were discontinued in 2016.
After democratic elections that produced Mandela's majority rule government, Pepsi sought to re-enter the South African market. In fact, "Coke never truly left the country, leading to overwhelming dominance through the rest of the 20th century. Pepsi adhered to different social imperatives and suffered exceptionally low market shares as a result."
Brominated vegetable oil (BVO) is a complex mixture of plant-derived triglycerides that have been modified by atoms of the element bromine bonded to the fat molecules. . Brominated vegetable oil has been used to help emulsify citrus-flavored beverages, especially soft drinks, preventing them from separating during dist
PepsiCo won the dismissal of New York's lawsuit accusing the beverage and snack-food company of polluting the environment with single-use plastic packaging, as the judge criticized the state's ...
Kendall joined the Pepsi Cola Company in 1947, working at a bottling plant in New Rochelle, New York. After a later stint as a delivery driver, Kendall became a sales representative and rose through the sales ranks becoming a marketing vice president in 1956. He headed up Pepsi's international operation in 1957 and became the CEO in 1963. [1]