In that vein, PepsiCo is proving to be the more aggressive company relative to Coca-Cola at the moment and may continue to see its stock relatively outperform because of it.
Coca-Cola has yanked its repurchase activity for the year. PepsiCo just closed on its deal for energy drink maker Rockstar. It unveiled Tuesday a new exclusive distribution deal with red-hot energy drink brand Bang. And then there are the different fundamental make-ups of the two companies.
Syrup and diet soda for breakfast are a winning combo for many humans right now — and apparently its maker, PepsiCo. Read the latest financial and business news from Yahoo Finance.
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Hormel CEO: Spam sales are surging right now. As of p. Inflation is at a year high. But these Mad Money megatrends could help you fight back. EST Thursday. PEP is one of the largest and most well-known companies in the world. Though famous for its namesake soft drink, PepsiCo has branched out into many other products over its lifespan, leading to diversified revenue streams.
How does the global behemoth operate, and which are its key products and markets across the globe in terms of sales?
Let's take a look. With its beverages, snacks, and food products sold around the globe, PepsiCo operates through its seven global divisions.
Many also offer licensed products from other brands and operate with third parties as required in different regional markets. They also have a number of endorsements with athletes and other celebrities.
It also includes partnership brands like tea variants from Unilever Lipton and coffee with Starbucks. Pepper, like Dr. FLNA makes up the second-largest revenue-generating business. Focused on the North American markets of the U.
FLNA also operates a joint venture with Strauss Group for manufacturing, marketing, sales, and distribution of Sabra brand refrigerated dips and spreads. With the leading brand in oatmeal breakfast and cereals Quaker , QFNA also includes products spanning snack bars, rice, and pasta. The European segment operates a full range of beverages, food, and snack products in Europe. It also has partnership brands like Lipton iced tea products with Unilever UL.
The LatAm division operates an entire product range in the Latin American markets and includes beverages, food, and snack products, including many of Pepsi's biggest brand names. Here's what the company reported for the fiscal second quarter compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:. Net sales surged Organic revenue, which strips out the impact of foreign currency, acquisitions and divestitures, rose Convenience stores and food service channels helped boost sales as consumers became more mobile.
The segment has seen strong sales throughout the pandemic. The Quaker Foods North America business was the only division to report sinking organic revenue. The company's organic revenue, which strips out the impact of foreign currency, acquisitions and divestitures, grew by 5.
Tostitos and Cheetos were among the brands that consumers reached for when shopping for at-home snacks. However, the segment's operating profit fell due to higher restructuring charges and increases in some operating costs. As many consumers still work from home, they've turned to buying maple syrup and pancake mix for breakfast.
Its North American beverage unit saw its organic sales rise 5. Pepsi typically receives less of its sales from away-from-home occasions than rival Coca-Cola does, so the segment's organic revenue turned positive in the third quarter.
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