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HM Revenue & Customs
Walkers’ Sensations Poppadoms vs HMRC: Crunch time
...Last week, a verdict was passed down in the case of Walkers Snack Foods Ltd v Commissioners for His Majesty’s Revenue and Customs, with first-tier tribunal judges Anne Fairpo and Sonia Gable ruling against...
January 19, 2024
Legal services
Meet the FT top 20 in-house legal leaders
...Trained in mergers and acquisitions, he has been instrumental in many of PepsiCo’s key transactions, such as the recent sale of a majority stake in its Tropicana and Naked Juice brands and the $3.2bn deal...
October 12, 2022
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
PepsiCo Inc
PepsiCo to sell Tropicana and Naked Juice brands to private equity firm for $3.3bn
...PepsiCo has agreed to sell a controlling stake in its Tropicana and Naked Juice brands to French private equity firm PAI Partners for $3.3bn, as it seeks to focus on calorie-free beverages, energy drinks...
August 3, 2021
PepsiCo Inc
Sales fizz for PepsiCo as consumers snack at home
...With consumers doing more of their food shopping online, PepsiCo’s ecommerce net revenue soared more than 90 per cent in 2020 compared with the previous year....
February 11, 2021
PepsiCo Inc
PepsiCo says it will meet 2020 revenue targets after all
...Restrictions to curb the spread of coronavirus have been a boon for PepsiCo’s food business....
October 1, 2020
PepsiCo Inc
Outgoing WTO chief to join PepsiCo
...The outgoing head of the World Trade Organization is joining PepsiCo with a brief to help the food and drinks company deliver on a series of targets it has set from increasing workforce diversity to reducing...
August 19, 2020
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
News in-depthFood & Beverage
Big food brands sidestep retailers in pandemic
...PepsiCo started selling boxes of snacks and drinks, including Tropicana fruit juice, Cap’n Crunch cereal and Quaker granola bars, this month on its PantryShop site, which ships to any zip code in the contiguous...
May 29, 2020
PepsiCo Inc
PepsiCo’s food and drink combo serves it well in lockdown snacking surge
...PepsiCo was on Tuesday cheering its decision to keep its food and beverage businesses together, as customers munching on its snacks under lockdown helped the company offset a slump in demand for fizzy drinks...
April 28, 2020
US & Canadian companies
Pepsi price rises offset ad spending splurge
...Quarterly results published on Thursday showed the company behind brands including Doritos, Quaker Oats and Tropicana increased prices an average 4 per cent in the quarter while its volumes were flat....
October 3, 2019
African companies
PepsiCo plots expansion in Africa with $1.7bn deal
...PepsiCo is to acquire South Africa’s Pioneer Foods for $1.7bn, expanding the US fizzy drinks and snacks company’s footprint in the African market as it diversifies under a new chief executive....
July 19, 2019
PepsiCo Inc
PepsiCo says investments paying off as revenues climb
...“I think we’re seeing a clear and present pay back,” said Hugh Johnston, chief financial officer of the New York-based company, which is behind brands including Tropicana, 7UP and Walkers crisps, as well...
July 9, 2019
US & Canadian companies
Nooyi bows out at Pepsi with beverage growth
...As well as the eponymous drink, the $157bn-market-cap company is behind snack brands including Doritos, Walkers and Cheetos and the beverages Tropicana and 7UP....
October 2, 2018
Retail & Consumer industry
Pepsi quarterly sales rise 4%, beating Wall St estimates
...During the quarter, PepsiCo unveiled a new line of flavoured sparkling water, called “Bubly”, aimed at millennials who have gobbled up seltzers like La Croix....
April 26, 2018
Retail & Consumer industry
PepsiCo puts fizz back in earnings, raises guidance
...The move into healthier drinks and snacks continues to pay off for PepsiCo....
July 11, 2017
Retail & Consumer industry
PepsiCo makes a healthy profit thanks to price rises
...In the past year PepsiCo has introduced products such as probiotic versions of its Tropicana juices and has acquired Kevita, a maker of fermented tea drink kombucha and other beverages....
July 11, 2017
FT Live
Outstanding Directors Exchange
Fostering trust for steadfast leadership
Wednesday, 12 JuneHarvard Club of New York City, West 44th Street, New York, NY, USA
Retail & Consumer industry
Pepsi profits beat estimates as health push gains traction
...The results came “despite challenging food and beverage industry trading conditions in North America”, said chief executive Indra Nooyi....
April 26, 2017
US & Canadian companies
PepsiCo outshines Coca-Cola as profit beats expectations
...Indra Nooyi, chief executive, said the group had managed to increase revenues “despite challenging food and beverage industry trading conditions in North America”....
April 26, 2017
US & Canadian companies
Healthier fayre helps lift PepsiCo sales
...In the past year it has introduced products such as probiotic versions of its Tropicana juices and has acquired Kevita — a maker of fermented tea drink kombucha and other beverages....
February 15, 2017
US & Canadian companies
Pepsi raises guidance after beating earnings expectations
...PepsiCo beat earnings expectations in its third quarter and raised its guidance for the full year as it benefited from demand for its Naked Juice and Sabra hummus brands at home....
September 29, 2016
fastFTPan Kwan Yuk
PepsiCo shares pop on higher profit forecast
...The maker of Lay’s potato chips, Tropicana juice and Pepsi-Cola said it now expects core earnings per share this year to come in at $4.71 compared to its previous forecast of $4.66....
July 7, 2016
ObituaryUS & Canadian companies
Roger Enrico, chief who led Pepsi in cola wars, 1944-2016
...Securing Jackson for this game-changing 1984 advertisement was the brainchild of Roger Enrico, then chief executive of PepsiCo’s beverage and foods division....
June 3, 2016
Philip Delves Broughton
Spinal Tap star turns it up to 11 in fight for royalties
...Colonel Tom Parker turned Elvis Presley from a dashing young GI into a Las Vegas freak show, but made millions along the way....
October 22, 2016
US & Canadian companies
PepsiCo drinks and snacks sales rise in North America
...In Latin America, Pepsi has combined its food and beverages businesses to be more cost effective....
July 9, 2015
US & Canadian companies
Pepsi earnings buoyed by cost cuts
...PepsiCo’s gross margin widened 150 basis points....
April 23, 2015
US & Canadian companies
Snack appetite fuels PepsiCo profit
...PepsiCo’s profit rose 13 per cent in the first quarter, as higher snack sales offset a flat drinks business, while the food and beverage maker also trimmed costs....
April 17, 2014

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