Craig Giammona

Business, Top 100

Pepsi Says Higher Prices Haven’t Quenched Consumer Demand

Pepsi Chris Rank/Bloomberg News

PepsiCo Inc. is getting a boost from higher prices on its drinks and snacks, a sign U.S. consumers still feel good amid recent indicators of a looming economic slowdown.

Craig Giammona | Bloomberg News
October 3, 2019
Business

Coca-Cola Tops Profit Estimates as Global Drink Volumes Climb

Coca-Cola Taylor Weidman/Bloomberg News

Coca-Cola Co. shares surged to open at a record high July 23 after its latest earnings got another boost from drinks with less sugar, more than offsetting the company’s sluggish home market.

Craig Giammona | Bloomberg News
July 23, 2019
Business, Technology, Top 100

PepsiCo to Switch From Plastic to Cans for Aquafina Water

pepsi Daniel Acker/Bloomberg News

PepsiCo Inc., facing an industrywide backlash against plastic, will experiment with putting its Aquafina water in cans.

Craig Giammona | Bloomberg News
June 27, 2019
Business

Coca-Cola Jumps on Profit Beat as China Fuels Beverage Sales

Coca-Cola MPCA Photos/Flickr

Coca-Cola Co., locked in a renewed battle for global beverage sales with rival PepsiCo Inc., rose in early trading as its push beyond sugary drinks helped it beat on profit in the first quarter.

Craig Giammona | Bloomberg News
April 23, 2019
Business, Logistics

PepsiCo Shares Climb to Highest on Record

pepsi TT File Photo

Call it the nostalgia factor: PepsiCo Inc. is getting a boost from some of its classic brands. The snack and beverage giant posted quarterly results that beat estimates, sending shares to the highest since at least 1980.

Craig Giammona | Bloomberg News
April 17, 2019
Business, Logistics, Top 100

Pepsi Soothes Investors With Sales Growth, Plans for Payouts

pepsi Luke Sharrett/Bloomberg News

PepsiCo Inc. rose in early trading as investors brushed off a lower profit forecast, instead focusing on sales growth in snacks and North American beverages and the company’s plans to return about $8 billion to shareholders this year.

Craig Giammona | Bloomberg News
February 15, 2019
Business

Coke Shares Drop Most Since 2008

Coca-Cola Vincent Mundy/Bloomberg News

Coca-Cola Co. plunged the most intraday in more than 10 years on Feb. 14 after the company released a lackluster forecast for 2019 and highlighted upcoming obstacles such as currency pressures, geopolitical tensions and weakening consumer sentiment.

Craig Giammona | Bloomberg News
February 14, 2019
Business, Technology, Autonomous

Kroger Selects Arizona for Self-Driving Grocery Delivery Pilot

Kroger luna715/Flickr

Kroger Co. is bringing self-driving grocery delivery to Arizona.

Craig Giammona | Bloomberg News
August 16, 2018
Business, Logistics

Amazon Rival Draws Battle Lines With Bronx Warehouse

FreshDirect

FreshDirect has figured out an important trick: how to make money delivering groceries.

Craig Giammona | Bloomberg News
July 17, 2018
Business, Technology, Equipment, Autonomous

Kroger Counters Amazon With Self-Driving Grocery Delivery Plans

The Kroger Co.

If your least favorite part of food shopping is the parking lot, take comfort: Driverless cars are coming to the grocery industry.

Craig Giammona | Bloomberg News
June 28, 2018