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...Shares of Pepsi fell 2.9 per cent in midday trading on Friday. This article has been updated to include trends in Pepsi’s organic revenue growth as well as net revenue...
Consumers pay the price of conflicting regulations in the sector
...We’ve asked Pepsi and will update this post if we get more colour....
...Pepsi shares are already down 15 per cent for the year....
...Pepsi and McDonald’s also forecast moderating sales growth this year as consumer demand becomes more sensitive to higher prices....
...Pepsi said it would raise its annual dividend by 7 per cent from June and plans to repurchase $1bn worth of shares....
...Clip courtesy of Pepsi, Sony Music, Weathered and Jojo Lorenzo. Read a transcript of this episode on FT.com...
...Shares in other food and beverage companies — including Pepsi, Coca-Cola, Mondelez International and McDonald’s — are down about half that over the same period. Valuations have slimmed down too....
...Pepsi, pharmaceutical company Merck, and potato processing company Lamb Weston edged down between 0.3 per cent and 0.5 per cent....
...At a Fortune event earlier this week, Pepsi chief executive Ramon Laguarta touted the company’s commitment to reducing plastic waste....
...Pepsi shares are already down by 15 per cent for the year....
...Further reading: — Is Pepsi punting on interest rates falling?...
...The French retail giant has signs in stores accusing Pepsi of “unacceptable price increases”....
...Barclays recently warned that weight-loss drugs pose a threat to industries like fast-food chains as it may cause consumers to pull back spending on products like Pepsi fizzy drinks and Lays potato chips...
...Pepsi: Investors will be listening for commentary from the US soft drink and snack producer about current consumer demand, as well as the potential impact on long-term demand of weight loss drugs such as...
...In a survey of the Buffalo River, researchers collected 1,916 pieces of plastic rubbish, of which 17 per cent bore the remnants of a Pepsi brand....
...The Pepsi ad seemingly references this incident and the famous “Tank Man” photo from the Tiananmen Square protests in 1989 with a cohort of young, attractive Gen Zers....
...Pepsi said in response to the lawsuit that it was “serious about plastic reduction and effective recycling”, and was working with different stakeholders to improve recycling capacity and boost consumer awareness...
...“Diet cola drinkers in the US told us they wanted aspartame-free Diet Pepsi and we’re delivering,” said Seth Kaufman, senior vice-president of the company’s Pepsi and flavours portfolio at the time....
...The state’s attorney-general said Pepsi had failed to warn consumers about the impact of single-use plastic on human health and “misled” the public about its efforts to combat plastic pollution....
...She cites a soft January retail sales report which showed a slowdown from January to February; weakening survey measures of consumer sentiment; and lukewarm comments from executives at Kraft Heinz, Pepsi...
...Top sectors include food and beverage, consumer goods and pharmaceuticals, produced by Pepsi, Mars and Mondelez. Unilever plans to stay so that it can better look after its local workforce....
...Pepsi vs Carrefour: Consumers are paying the price for French retail rules that have inflamed a battle between the brands, writes Peggy Hollinger....
...She didn’t have a halftime show, but she had this Pepsi ad where she basically was synchronised-dancing in a crop top in what I believe was a Pepsi warehouse with all of her dancers....
...But Morgan Stanley has pulled the PepsiCo trick on Goldman: Coke beats Pepsi in selling soda but PepsiCo has an equally large business in salty snacks, having merged with Frito-Lay in 1965 and expanded since...
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