137.18 0.00 (0.00%)
After hours: 4:32PM EST
|Bid||137.18 x 1200|
|Ask||137.65 x 900|
|Day's Range||136.77 - 137.88|
|52 Week Range||105.03 - 140.45|
|Beta (5Y Monthly)||0.54|
|PE Ratio (TTM)||15.61|
|Earnings Date||Feb 13, 2020|
|Forward Dividend & Yield||3.82 (2.79%)|
|1y Target Est||139.72|
Pepsi is brewing a coffee-infused cola once again. The Purchase, New York-based beverage giant (Nasdaq: PEP) confirmed Thursday that Pepsi Café will reach shelves throughout the United States in April. The move comes 24 years after Pepsi launched the coffee-flavored "Pepsi Kona," which was available for only about a year.
The Pepsi vs. Coke rivalry has a new battlefront: coffee. Pepsico Inc. (Nasdaq: PEP) said it's set for a limited-time launch of a new coffee-cola beverage, called Pepsi Cafe, in U.S. stores in April.
(Bloomberg) -- PepsiCo Inc. plans to offer a new way to get a jolt of caffeine.In April, the snack and beverage giant will start selling Pepsi Cafe in the U.S. The drink blends the taste of coffee and cola, and nearly doubles the amount of caffeine in a regular Pepsi. It will come in two flavors, original and vanilla.Pepsi Cafe is the latest product the company plans to introduce as it responds to changing beverage preferences. The company, which sells a wide range of products including Gatorade and Diet Pepsi, has faced sales pressure as consumers cut down on sugary soda and competitors enter the market with new options.Rival Coca-Cola Co. is pushing deeper into the canned coffee market after its high-profile acquisition of the British cafe chain Costa for $5.1 billion. It offers Coca-Cola Plus Coffee in dozens of markets outside the U.S.Todd Kaplan, vice president of marketing at Pepsi, said in a statement Thursday that the company has known the potential of blending cola and coffee for years. He said believes consumers are looking for drink products that provide energy and and an opportunity for indulgence.To contact the reporter on this story: Jordyn Holman in New York at email@example.comTo contact the editors responsible for this story: Sally Bakewell at firstname.lastname@example.org, Mark Schoifet, Craig GiammonaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
PepsiCo Inc. announced the U.S. launch of Pepsi Café in April 2020, a drink that combines the taste of Pepsi cola with coffee. The beverage will have nearly double the caffeine of regular Pepsi, and will come in two flavors: Pepsi Café Original and Pepsi Café Vanilla. Pepsi has previously launched a cola-and-coffee mashup, Pepsi Kona, in 1996, which the company says was "ahead of its time." Coca-Cola Co. announced last month that it's launching a new sparkling water brand in 2020, Aha, that will have two flavors, black cherry and coffee and citrus and green tea, that contain 30 milligrams of caffeine. PepsiCo stock has gained 24% for the year to date while the S&P 500 index is up 25.3% for the period.
Target is Yahoo Finance's 2019 Company of the Year. Target COO John Mulligan explains some of the big changes he has made to Target's business this year.
For the second year, a partnership between Frito-Lay and Feed the Children will provide El Paso families, pre-identified by Destiny Family Christian Center, with enough food and daily essentials to supplement meals for a week.
Target is the Yahoo Finance 2019 Company of the Year. We chat with long-time value investor Bill Smead about why he is bullish on Target.
The Zacks Analyst Blog Highlights: Apple, PepsiCo, BHP Group, Canadian National Railway and Schlumberger
Target is the Yahoo Finance Company of the Year for 2019. We talk with Target's executive team and experts on how the retailer made it happen in 2019 and what's in store for 2020.
PepsiCo (NASDAQ: PEP) today announced the launch of its second PepsiCo Greenhouse program in North America, an innovation initiative designed to support emerging entrepreneurs and brands in the food and beverage industry. The 2020 program seeks to collaborate with purpose-driven brands at the forefront of transformative trends that are changing the way consumers eat and drink.
World's first investment fund dedicated to preventing ocean plastic in South and Southeast Asia from entering Asian oceans; Biggest investment capital committed towards Asia's ocean plastic crisis; First investments targeted in Asia by the end of 2019 Singapore, Singapore--(Newsfile Corp. - December 4, 2019) - Circulate Capital, the investment management firm dedicated to incubating and financing companies and infrastructure that prevent ocean plastic in South and Southeast Asia (SSEA), today announced the first close ...
This week brought about two big moves in the food and beverage sector. Alcohol beverage giant Constellation Brands, Inc. (NYSE: STZ ) sold its craft beer Ballast Point brand and associated production facilities, ...
PepsiCo Inc. (Nasdaq: PEP) has acquired BFY Brands, maker of PopCorners snacks, the multinational food, beverage and snack company announced on Monday. BFY Brands will report into Pepsi’s Frito-Lay North America division, which is based in Plano, the company said. The acquisition will expand Frito-Lay's snacking portfolio and further the company’s vision to offer consumers more nutritious options, according to the release.
Joe Terranova said on CNBC's "Fast Money Halftime Report," he still hasn't bought Twilio Inc (NYSE: TWLO ), but he is looking to buy it. He wants to wait for the next earnings report because ...
PepsiCo (PEP) plans to buy BFY Brands to enhance its snacking portfolio. BFY Brands' production capabilities will support the growth of PepsiCo's existing, more-nutritious snack brands.
France is famous for many things — its cuisine, luxury goods and art de vivre. The textbook example of this is PepsiCo’s interest in French yoghurt maker Danone in 2005, which led Dominique de Villepin, then French prime minister, to warn the US company to stay away from a corporate “crown jewel”. Now the country’s reputation for protecting its corporates is being tested anew by an increased wave of activity from a crop of often foreign activist investors on French soil.
PepsiCo Inc. said late Monday it plans to buy BFY Brands Inc., which makes PopCorners snacks, for an undisclosed sum. PepsiCo stock was flat in after-hours trading. PepsiCo said BFY Brands will report to the company's Frito-Lay North America division. "BFY Brands offers distinctive products that deliver the great taste and ingredients consumers are looking for," PepsiCo Chief Executive Steven Williams said in a statement. "Their production capabilities will support the growth of our existing, more-nutritious snack brands." PepsiCo stock has gained 23% this year, as the S&P 500 index rose 24%.
PepsiCo, Inc. (NASDAQ: PEP) today announced it has entered into a definitive agreement to acquire BFY Brands, the maker of PopCorners snacks. Upon closing, BFY Brands will report into PepsiCo's Frito-Lay North America division.