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PepsiCo, Inc. is an American multinational food, snack, and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase. PepsiCo's business encompasses all aspects of the food and beverage market. It oversees the manufacturing, distribution, and marketing of its products.
PepsiCo, which is overhauling some of its top brands like Lay's potato chips as shoppers look for cheaper options, is increasingly sharing data with major retailers and in return getting coveted ...
Share prices of PepsiCo (NASDAQ: PEP) hit an all-time high in the first half of 2023. ... food brands that fall into its Quaker Oats division. PepsiCo is a food and beverage giant with leading ...
Of the two, only Pepsi has exposure to food through brands such as Frito-Lay and Quaker as well as international food brands, and its beverage portfolio is less concentrated in soda than Coca-Cola's.
It earned $2.31 per share on an adjusted basis, above expectations of $2.29 per share, according to data compiled by LSEG. Shares of the company were flat in early trading.
As a result, Pepsi's market share as compared to Coca-Cola's shot up dramatically in the 1950s with African American soft-drink consumers three times more likely to purchase Pepsi over Coke. [35] After the sales team visited Chicago, Pepsi's share in the city overtook that of Coke for the first time. [32]
As of February of 2023, Coca-Cola had a market cap of $256.10 billion whereas Pepsi had a market cap of $241.72 billion. These projections fluctuate. Coke vs Pepsi: Revenue and Income.
PepsiCo is also in the Dividend Kings club, having paid and raised its dividend for 52 consecutive years. Today, PepsiCo pays a quarterly dividend of $1.35 per share, equating to a 3% dividend yield.