Know your Brands: PepsiCo Inc

As the festive season approaches, there's a joyful anticipation in the air, accompanied by the delightful crunch of Lay's, Simba, and Doritos. The fizzy pop of Pepsi adds a refreshing twist to celebrations - all part of PepsiCo's diverse and delicious portfolio.

PepsiCo, a global giant, delights consumers in over 200 countries with its diverse portfolio of beverages and convenient foods, including popular brands like Lay's, Doritos, Gatorade, and Pepsi-Cola. With a net revenue surge in 2022, the company's extensive product range boasts iconic brands, such as Quaker and SodaStream, contributing to over a billion daily consumer experiences worldwide.

Many of its brands individually generate over $1 billion in estimated annual retail sales, reflecting PepsiCo's widespread market presence and consumer appeal.

Disclaimer: The brands may not be limited to the logos on the image and may change. The use of logos are for educational purposes only.

PepsiCo has more than 500 brands in its portfolio. Here's a full list of its brands.

Financials, Dividends and Share Buybacks 

PepsiCo Inc unveiled its Q3 2023 earnings report on October 10, 2023, demonstrating robust performance in all business segments. The company recorded a notable 6.7% growth in net revenue for the quarter and an impressive 8.9% year-to-date increase. Q3 earnings per share (EPS) reached $2.24, reflecting a substantial 15% surge.

Chairman and CEO Ramon Laguarta commented on the results:

"We are pleased with our performance as our businesses and associates displayed tremendous agility and resilience across geographies and categories in an evolving and dynamic environment." 

Read full results here.

Last year, the board authorized a $10 billion buyback program. This program is expected to be in effect through February 2026.

In terms of dividends, PepsiCo pays quarterly, and the last dividend will be paid in January next year, with the last trading date being November 29, 2023.

Acquisitions:

PepsiCo completed its acquisition of Pioneer Foods in 2020, a South African food company. The deal brings popular SA brands like Bokomo Weet-Bix, Ceres, and many more into PepsiCo’s portfolio — a deal recognized as one of the biggest outside the US.

Earlier this year, PepsiCo South Africa also announced that it will, through Pioneer Foods, acquire the remaining 50% of Future Health. Read the full announcement here.

Earnings

PepsiCo Inc. is expected to release the financial results for the fourth quarter in February 2024. You can head over to your EasyUSD account to buy a whole or fraction of a share.