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PepsiCo provided an upbeat start to the second-quarter earnings season on Monday. While revenue at the food and drink giant’s North American beverage division dropped 6.6 percent, to $4.97 billion, thanks in part to restaurant shutdowns, the company saw a positive 6.6 percent surge in its snack division as consumers sheltering in place devoured more …
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All they’re saying is, give Pepsi a chance. As demonstrations sweep the globe in the name of the unarmed black lives lost in police custody, some marchers are using the protests as an opportunity to further roast Kendall Jenner’s revoked Pepsi commercial from the 2017 Super Bowl. At a June 2 demonstration in Los Angeles, …
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PepsiCo warned on Tuesday surging demand for Lays and Doritos would only partially offset a hit to business in the second quarter from coronavirus lockdowns that have shuttered restaurants, theaters and sports venues key for its soda sales. The company said it had seen an increase in consumers making breakfast and snacking during the day …
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The Federal Trade Commission has paved the way for PepsiCo to buy drink company Rockstar Energy for $3.85 billion, The Post has learned. The regulator approved the deal — announced last month during the coronavirus pandemic — on Friday and the company is expected to close on it in the coming days, sources said. Regulators …
PepsiCo provided an upbeat start to the second-quarter earnings season on Monday. While revenue at the food and drink giant’s North American beverage division dropped 6.6 percent, to $4.97 billion, thanks in part to restaurant shutdowns, the company saw a positive 6.6 percent surge in its snack division as consumers sheltering in place devoured more …
