PepsiCo

Are Super Bowl ad buyers good for shareholders?

U.S. markets usually do not react to the Super Bowl ads, but in 2023, inflation and looming recession have retail traders buying commodities, ETFs and consumer staple stocks like Pepsi, Coca Cola, Walmart and Proctor & Gamble.

Pepsi price hikes drive profits

PepsiCo reported big earnings on Thursday to beat analysts’ predictions after inflation forced price hikes in 2022 and helped increase fourth-quarter profit and revenue.

PepsiCo says soda, snack prices may rise

PepsiCo signaled Tuesday that it will likely raise prices on the company's beverages and snacks as raw material costs climb and demand remains steady.

Coke to pay $5.6 billion for full control of BodyArmor

Coca-Cola Co. is buying full control of BodyArmor for $5.6 billion in a deal that values the sports drink brand at about $8 billion, according to people familiar with the matter, amping up a rivalry with Gatorade.

PepsiCo bets on higher soda sales as restaurants reopen

PepsiCo Inc said on Thursday it expects organic revenue growth to pick up pace in the second quarter, betting on higher soda sales from restaurants that are gradually reopening following the speedy rollout of coronavirus vaccines.

Busy LeBron James racks up another big business deal

LeBron James racked up another endorsement deal Wednesday -- a day after he joined the Boston Red Sox’s ownership group and recorded his 99th career triple-double in a Los Angeles Lakers victory.