PepsiCo is a global food and beverage leader, known for producing a diverse range of products that include well-known brands in the beverage, snack, and food categories. The company operates in various segments, offering carbonated and non-carbonated drinks, as well as an assortment of snack foods, including chips, cereals, and nutrition bars. PepsiCo is committed to innovation and sustainability, continuously adapting its product offerings to meet changing consumer preferences and dietary requirements while focusing on reducing its environmental footprint. Through its extensive distribution network, the company reaches consumers in more than 200 countries, making it a key player in the global food and beverage industry. Read More
Regarded as defensive investments, consumer staples stocks are generally safe bets in choppy markets. Unfortunately, the sector hasn’t provided much protection lately as it pulled back by 10.6% over the past six months. This drop was particularly disheartening since the S&P 500 held its ground.
PepsiCo’s first quarter saw revenue surpass Wall Street expectations, yet the market responded negatively due to declining sales and a slight miss on non-GAAP profit. Management attributed the softness primarily to persistent volume declines in North America snacks, particularly at Frito-Lay, and ongoing consumer caution. CEO Ramon Laguarta noted early signs of improvement from new price pack strategies but described the operating environment as “complex,” citing evolving consumer behavior and the lingering impact of last year’s SAP system rollout at Frito-Lay. The company also pointed to international operations as a bright spot, helping to offset domestic headwinds.
Congress bought and sold stocks in May, raising no red flags but highlighting opportunities in the tech sector, including critical semiconductor companies.
Large-cap stocks usually command their industries because they have the scale to drive market trends.
The flip side though is that their sheer size can limit growth as expanding further becomes an increasingly challenging task.
Harrisburg, Pennsylvania - The Saddle Up Harrisburg Team including Project Cultivate, Inc. led by the forward-thinking Dr. Robyn S. Joppy, Emily Selvey of the Prairie Fire Farms Foundation, and Wil Amy, PepsiCo, has announced plans for the return of Saddle Up Harrisburg Summer Day Camp 2025, which is scheduled to hold from June 23 to 27, 2025. The camp is in its fourth year.
PepsiCo and Coca-Cola remain one of the most polarizing business duos in the market, with each highly popular thanks to decades of successful operations.
Shares of energy drink company Celsius (NASDAQ:CELH)
jumped 6% in the afternoon session after TD Cowen upgraded the stock from Hold to Buy, adding that the "growth story is heating back up." The firm expects shares to trade higher amid improved confidence in the brand following the integration of the Alani Nu acquisition and wider distribution.
