Business, Private

PepsiCo Boosts Forecast as Sales Withstand Ozempic Threat

PepsiCo Inc. says appetite-suppressing drugs haven’t affected sales of its snacks and sodas, though the company is focused on package size as it aims to reach its raised annual forecast.

Brett Pulley | Bloomberg News
October 10, 2023
Business, Private

PepsiCo Lifts Outlook as Drink, Snack Sales Buck Inflation

PepsiCo Inc. said its playbook for battling inflation is still working, with price hikes fueling double-digit gains in sales despite lower volumes of snack purchases.

Brett Pulley | Bloomberg News
October 12, 2022
Business, Private

PepsiCo Boosts Outlook After Increasing Prices

PepsiCo Inc. is winning the inflation battle so far, successfully passing on surging commodity costs by persuading consumers to pay more for their soda and chips.

Brett Pulley | Bloomberg News
July 12, 2022
Business

Pepsi Plans to Cut Virgin Plastic by 50%, Go Carbon-Neutral

PepsiCo Inc., one of the biggest producers of plastic bottles, said it would drastically cut its use of the material as part of a new round of sustainability goals.

Brett Pulley | Bloomberg News
September 15, 2021
Business, Top 100

PepsiCo’s Sales Jump Most in a Decade as Restaurants Reopen

PepsiCo Inc. reported the fastest sales growth in at least a decade and raised its forecast, benefiting from thirsty consumers returning to restaurants, bars and stadiums and others diving into bags of chips.

Brett Pulley | Bloomberg News
July 13, 2021