Pepsico latest news
Here are some of the latest news and updates from PepsiCo:
Recent Announcements:
- PepsiCo Acquires Rockstar Energy: In February 2023, PepsiCo announced that it had acquired Rockstar Energy, a leading energy drink brand, for $3.85 billion.
- New Sustainability Goals: In January 2023, PepsiCo announced new sustainability goals, including reducing greenhouse gas emissions by 50% by 2030 and making 100% of its packaging recyclable, reusable, or compostable by 2025.
- Expansion in China: In December 2022, PepsiCo announced plans to expand its operations in China, investing $1.2 billion in the country over the next five years.
Recent Financial Results:
- Q4 2022 Earnings: In February 2023, PepsiCo reported its Q4 2022 earnings, with net revenue of $24.4 billion and diluted earnings per share of $1.47.
- Full-Year 2022 Results: In January 2023, PepsiCo reported its full-year 2022 results, with net revenue of $79.4 billion and diluted earnings per share of $5.34.
Other News:
- PepsiCo Partners with Beyond Meat: In November 2022, PepsiCo announced a partnership with Beyond Meat to develop plant-based snacks and beverages.
- New Product Launches: In recent months, PepsiCo has launched several new products, including a line of plant-based snacks under its Quaker Oats brand and a new line of sparkling water beverages under its Gatorade brand.
- Sustainability Initiatives: PepsiCo has been making significant progress on its sustainability initiatives, including reducing water usage and increasing the use of renewable energy in its operations.
Recent Awards and Recognition:
- Fortune's Most Admired Companies: In February 2023, PepsiCo was named one of Fortune's Most Admired Companies for the 15th consecutive year.
- Dow Jones Sustainability Index: In September 2022, PepsiCo was named to the Dow Jones Sustainability Index (DJSI) for the 14th consecutive year.
These are just a few of the latest news and updates from PepsiCo. If you're looking for more information, I can try to help you find it!