PEP - PepsiCo, Inc.
114.96 0.00 (0.00%)
After hours: 4:50PM EDT
| Previous Close | 114.25 |
| Open | 114.00 |
| Bid | 114.96 x 1200 |
| Ask | 115.04 x 2200 |
| Day's Range | 114.00 - 115.09 |
| 52 Week Range | 95.94 - 122.51 |
| Volume | 2,674,167 |
| Avg. Volume | 5,979,140 |
| Market Cap | 162.59B |
| Beta | 0.64 |
| PE Ratio (TTM) | 35.80 |
| EPS (TTM) | 3.21 |
| Earnings Date | Oct 2, 2018 |
| Forward Dividend & Yield | 3.71 (3.27%) |
| Ex-Dividend Date | 2018-09-06 |
| 1y Target Est | 117.95 |
- CNBC Videos•5 hours ago
PepsiCo's Indra Nooyi responds to Trump's comments on qua...
CNBC's Sara Eisen reports on a statement from outgoing PepsiCo CEO Indra Nooyi clarifying her position on quarterly earnings after President Trump credited her with giving him the idea to get businesses to report every six months.
- CNBC Videos•8 hours ago
Trump credits PepsiCo's Indra Nooyi on six-month earnings...
CNBC's Kayla Tausche reports the highlights of President Trump's comments to reporters while departing the White House on Friday.
Yahoo Finance Video•3 days agoCoca-Cola's new plan to take on PepsiCo’s Gatorade
Coke is investing in BodyArmor, a sports drink brand, that’s backed by big-name athletes. Yahoo Finance’s Alexis Christoforous, Melody Hahm and Editor-in-Chief Andy Serwer discuss how this stake could make a huge difference for the company.
- Reuters•3 hours ago
Trump backs CEOs, proposes easing corporate reporting rules
NEW YORK/WASHINGTON, Aug 17 (Reuters) - U.S. President Donald Trump asked securities regulators to explore replacing quarterly reporting requirements with half-yearly filings at the urging of executives including PepsiCo Chief Executive Indra Nooyi, reigniting a debate about how often companies should give financial updates to investors. Such a switch would mark a huge change in the U.S. Securities and Exchange Commission's disclosure requirements and put them in line with European Union and United Kingdom rules. Trump said on Twitter that meetings with business leaders had convinced him that the change would give companies more flexibility and reduce costs.
- CNBC•3 hours ago
'If it ain't broke, don't fix it,' ex-banker says of quarterly earnings
Biannual earnings means less information for shareholders, which is "not a good idea," author and former banker Bill Cohan told CNBC on Friday. Best-selling management author and CNBC contributor Suzy Welch was supportive of somehow mitigating the pressures of quarterly reports, but said it's kind of not worthy of discussion.
- TheStreet.com•4 hours ago
Outgoing PepsiCo CEO Clarifies Position on Frequency of Financial Reports
issued a statement Friday, August 17, clarifying her position on the frequency at which public companies should have to report their financial results after Donald Trump said that his tweet earlier this morning was prompted by comments from her. "Many market participants, as well as the Business Roundtable which we are a part of, have been discussing how to better orient corporations to have a more long-term view," Nooyi said.
Associated Press•4 hours agoTrump asks SEC to consider ending required quarterly reports
President Donald Trump is calling on federal regulators to consider scrapping the requirement for public companies to report quarterly results, after business executives told him twice-yearly reports would make better economic sense. In a tweet early Friday, Trump said that after speaking with several top business leaders, he's asking the Securities and Exchange Commission to determine whether shifting to a six-month reporting requirement would help companies grow faster and create more jobs. Trump later told reporters the idea was especially urged on him by Indra Nooyi, CEO of PepsiCo, who is stepping down in October.
- Financial Times•18 hours ago
[$$] Trump asks SEC to study scrapping quarterly earnings reports
US president Donald Trump has asked the Securities and Exchange Commission to consider scrapping the demand that public companies report their earnings every three months, weighing in on a practice many blame for corporate short-termism. The unexpected intervention in a debate that has exercised executives and large investors came in a Twitter post in which Mr Trump said he had asked “some of the world’s top business leaders” what would improve business and the US job market. Indra Nooyi, PepsiCo’s outgoing chief executive, had suggested shifting from quarterly reporting to a “six-month system”, he said, predicting that such a move would “allow greater flexibility & save money”.
- Zacks•yesterday
Marriott Extends Partnership With PepsiCo, Eyes Sales Growth
By expanding its more than 25-year long partnership with PepsiCo, Marriott (MAR) aims to elevate the customer experience and thereby, drive incremental sales.
- Reuters•2 days ago
Corrected: Coca-Cola bets on Kobe sports drink in fight with Gatorade (Aug. 14)
Coca-Cola's investment in BodyArmor - which will make it the brand's second largest shareholder - comes as its Powerade drink competes for market share with Gatorade. Coke has also been rattled by falling demand for its trademark fizzy drinks.
- Reuters•2 days ago
Coca-Cola bets on Kobe sports drink in fight with Gatorade
Coca-Cola's investment in BodyArmor - which will make it the brand's second largest shareholder - comes as its Powerade drink competes for market share with Gatorade. Coke has also been rattled by falling demand for its trademark fizzy drinks.
- PR Newswire•2 days ago
Marriott International Expands Relationship With PepsiCo
PURCHASE, N.Y. and BETHESDA, Md., Aug. 15, 2018 /PRNewswire/ -- PepsiCo and Marriott International are pleased to announce a multiyear agreement, naming PepsiCo as the beverage provider for Marriott International's legacy brands, as well as Starwood brands acquired in 2016. As a proven partner, PepsiCo will continue to support Marriott's strategic growth priorities by unlocking the food and beverage company's world-class design and content capabilities, as well as its cultural insights, culinary innovation and cutting-edge technology to elevate the overall guest experience.
- InvestorPlace•2 days ago
7 Consumer Mutual Funds for Defense-Minded Investors
Thanks in large part to strength in the U.S. dollar, consumer staples is a laggard group this year. The Consumer Staples Select Sector SPDR (NYSEARCA:XLP), the largest consumer defensive exchange-traded fund (ETF), highlights that disappointment.
- The Wall Street Journal•3 days ago
[$$] Coca-Cola Invests in BodyArmor as It Chases Gatorade
Coca-Cola Co. is buying a stake in BodyArmor, the sports drink startup backed by Kobe Bryant and other athletes, marking the latest attempt by the beverage giant to break Gatorade’s lock on the sports market. In addition to taking a minority stake, Coca-Cola’s bottling system could soon begin distributing BodyArmor’s drinks, executives said. The deal would also allow Coke to later take full ownership of the upstart, they added.
- PR Newswire•3 days ago
PepsiCo Announces Timing and Availability of Third Quarter Financial Results and Conference Call
PURCHASE, N.Y., Aug. 14, 2018 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) today announced that it will issue its third quarter 2018 (ending September 8) financial results on Tuesday, October 2, 2018 at approximately 6:00 a.m. Eastern Daylight Time (EDT) by posting the results on the company's website at www.pepsico.com/investors. The results will also be furnished to the Securities and Exchange Commission (SEC) on a Form 8-K, which will be available on the SEC's website at www.sec.gov. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $63 billion in net revenue in 2017, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana.
- Benzinga•3 days ago
Sports Drink Wars: Coca-Cola Acquires BodyArmor Stake In Challenge To Gatorade
The Coca-Cola Co (NYSE: KO)'s Powerade may never been able to match up with PepsiCo, Inc (NASDAQ: PEP)'s Gatorade, but Coca-Cola has a new plan to win the sports drink wars. What Happened? Coca-Cola announced Tuesday it has acquired a minority stake in the fast-growing sports drink company BodyArmor, with a path to ownership under defined terms.
- PR Newswire•3 days ago
Chart-Topping Artist Bryce Vine Strikes New Chord with Pepsi®
PURCHASE, N.Y., Aug. 14, 2018 /PRNewswire/ -- Pepsi today announced that its The Sound Drop platform is back, with critically acclaimed pop hip-hop maverick Bryce Vine as the latest rising star to join The Sound Drop platform, created to amplify emerging artists in an impactful way.
- Zacks•3 days ago
Top Research Reports: UnitedHealth, PepsiCo, Amgen & More
Top Research Reports: UnitedHealth, PepsiCo, Amgen & More
- Financial Times•3 days ago
[$$] Coca-Cola buys BodyArmor stake in challenge to Pepsi’s Gatorade
Coca-Cola has agreed to buy a stake in a sports drink maker backed by US basketball star Kobe Bryant, in the hope of loosening the hold that PepsiCo’s Gatorade has over the lucrative market. The drinks group, whose portfolio spans juice and water as well as fizzy soft drinks, said it would take a minority stake in BodyArmor and had signed an agreement that gave it a path to full ownership. Coca-Cola said BodyArmor’s sales had been doubling each year for four years.
- American City Business Journals•3 days ago
Coca-Cola buys minority stake in sports drink startup backed by Kobe Bryant
BodyArmor is pitched as a better-for-you sports drink, and is marketed by younger athletes, such as Los Angeles Angels outfielder Mike Trout and New York Knicks center Kristaps Porzingis.
- TheStreet.com•3 days ago
Coca-Cola Declares War on Pepsi's Gatorade With New BodyArmor Stake
Let the sports drink wars truly begin. said Tuesday it will take a stake in surging sports drink brand BodyArmor. Coca-Cola said the deal is structured in a way that allows it to increase its ownership percentage in the future.
- American City Business Journals•4 days ago
Maryland football has a huge problem — but it might not last
Key story highlights: The crisis engulfing Maryland football will cause short-term damage to program finances, experts say. Long-term damage is likely to be minimal if Maryland handles the situation appropriately. The University of Maryland football program's current crisis — sparked by the June death of 19-year-old tackle Jordan McNair and allegations of rampant bullying and abuse in an ESPN report published Friday — will likely cost the school real money in the short run, but experts say it's unlikely to have a lasting financial effect.
Market Realist•4 days agoHow Monster Beverage Is Valued following Its Q2 2018 Results
Monster Beverage’s (MNST) 12-month forward PE multiple increased 0.8% to 32.4x on August 9 in reaction to the company’s second-quarter earnings results.
- Motley Fool•5 days ago
PepsiCo Investors Should Be Happy CEO Indra Nooyi Is Out
The trailblazing executive was a hindrance to the beverage giant's progress.
- CNBC•5 days ago
Former Trump aide Omarosa reveals secret recording of chief of staff John Kelly firing her
Former presidential adviser Omarosa Manigault Newman leveled a number of damaging claims against the White House on Sunday, and accused Chief of Staff John Kelly. Former presidential adviser Omarosa Manigault Newman leveled a number of damaging claims against the White House on Sunday, and accused Chief of Staff John Kelly of brandishing a threat against her as she was fired. During an appearance on NBC's "Meet the Press" connected to a tell-all book, Manigault Newman sought to refute a number of reports in the media that she said unfairly portrayed her as desperate to keep her job.
