PEPSICO TO ACQUIRE SIETE FOODS FOR $1.2 BILLION
WEB4 days ago · PURCHASE, N.Y. and AUSTIN, Texas, Oct. 1, 2024 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) ("PepsiCo") today announced that it has entered into a definitive agreement to acquire Garza Food Ventures LLC, dba Siete Foods ("Siete") for $1.2 billion. The acquisition will complement PepsiCo's portfolio with the addition of an authentic, Mexican ...
PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion
WEB5 days ago · Courtesy: Siete Foods. PepsiCo said Tuesday that it’s buying Mexican-American food company Siete Foods for $1.2 billion, marking the company’s first food acquisition in roughly five years ...
PepsiCo’s Resilient Growth Outlook Amid Economic Challenges: …
WEB3 days ago · PepsiCo (PEP) Company Description: PepsiCo, Inc. is a food and beverage company that owns brands like Frito-Lay, Gatorade, Pepsi-Cola, Quaker, Cheetos, Doritos, Aquafina and Tropicana.
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PepsiCo's second quarter profits jump but customers slow their ...
WEBJul 11, 2024 · PepsiCo reported higher-than-expected earnings in the second quarter but acknowledged that after raising prices every quarter for more than two years, customers are not buying as many of its snacks and drinks.
PepsiCo, After Years of Price Hikes, Sounds an Alarm on Consumer ...
WEBJul 11, 2024 · PepsiCo, After Years of Price Hikes, Sounds an Alarm on Consumer Spending. PepsiCo’s Frito-Lay North America, which produces Cheetos and other snacks, is facing a more selective consumer....
PepsiCo's results beat as international demand, higher prices drive ...
WEBApr 23, 2024 · PepsiCo beat Wall Street expectations for first-quarter revenue and profit on Tuesday as demand for its sodas and snacks like Cheetos and Doritos in international markets drove growth even as it...
PepsiCo lifts annual forecasts again on price hikes, steady demand
WEBJul 13, 2023 · PepsiCo Inc on Thursday raised its annual revenue and profit forecasts for the second time this year after the snacks and beverages giant comfortably beat quarterly estimates on price hikes and...
Price Increases Lead to Big Jump in Profit at PepsiCo - The New York Times
WEBJul 13, 2023 · PepsiCo reported a big jump in quarterly profit on Thursday, despite signs that customers are buying fewer cans of soda and bags of chips as the company continues to raise prices aggressively.
PepsiCo Issues New $1.25 Billion 10-Year Green Bond As …
WEBThe Company is already one of the largest users of food-grade rPET (recycled PET plastic) in the world, and the new Green Bond will enable PepsiCo to continue its work to increase the use of more sustainable product packaging including recycled, compostable and reusable materials.