PepsiCo (PEP)

PepsiCo Agrees to Acquire Amacoco, Brazil's Largest Coconut Water Company

Wednesday August 12th 2009 09:27:00 AM

Move continues transformation of beverage portfolio with entry into high-potential growth category PURCHASE, N.Y., Aug. 12 /PRNewswire-FirstCall/ -- PepsiCo, Inc. (NYSE: PEP) announced today it has agreed to acquire Amacoco Nordeste Ltda. and Amacoco Sudeste Ltda. (Amacoco), Brazil's largest coconut water company. The agreement is the most recent step in PepsiCo's strategic transformation of its beverage portfolio and marks the company's entry into the fast-growing market for coconut water, a source of natural hydration popular in Brazil and dozens of other countries. Amacoco makes and sells Brazil's top-selling coconut water brands, Ker...

Photos: Pepsi Optimism Project (POP) Finds Most Americans See the Glass as Half Full

Thursday August 6th 2009 11:02:00 AM

--Pepsi's Second National Survey Reveals Americans Are Even More Optimistic than in 2008PURCHASE, N.Y., Aug 06, 2009 /PRNewswire via COMTEX/ -- Despite mixed economic signals and other tough issues facing the country, most Americans are optimistic. According to the second survey issued on behalf of the Pepsi Optimism Project (POP), Americans are more optimistic now than in 2008 about their: Relationships with family and friends (91% vs. 81%); Overall well-being (88% vs. 84%); Health (86% vs. 78%); Finances (77% vs. 64%); Chances of finding love (70% vs. 61%). To view the Multimedia News Release, go to: http://www.prnewswire.com/mnr/pepsi/39462/ (Phot...

PepsiCo Reaches Merger Agreements with Pepsi Bottling Group and PepsiAmericas

Tuesday August 4th 2009 09:11:00 AM

Fully-Integrated System Will Strategically Transform North American Beverage Business • PepsiCo to acquire PBG and PAS for $36.50 per share and $28.50 per share, respectively • Fully-integrated supply chain and go-to-market system will position PepsiCo to accelerate growth • PepsiCo will directly manage approximately 80 percent of its total North American beverage volume distribution, including both its direct-store-delivery and warehouse systems • Transaction is expected to be accretive to PepsiCo's earnings by 15 cents per share when synergies are fully realized PURCHASE, N.Y., SOMERS, N.Y. and MINNEAPOLIS, Minn. (August 4, 2009) -- PepsiCo (NYSE: PEP ) today announced that...

PepsiCo Americas Beverages Realigns Marketing Leadership

Friday July 31st 2009 12:00:00 AM

Jill Beraud Named PAB CMO and President-Joint Ventures, Succeeds NAB CMO Dave Burwick PURCHASE, N.Y. – July 31, 2009 – PepsiCo Americas Beverages (PAB) today announced a succession in marketing leadership.  Jill Beraud, who served most recently as global chief marketing officer for PepsiCo, was named PAB CMO and president-joint ventures.  She succeeds Dave Burwick, chief marketing officer for PAB’s North America Beverages Division, who confirmed his decision to leave the company.  Beraud will report to PAB CEO Massimo d’Amore. “As much as we will miss Dave, we are delighted to have someone of Jill’s marketing and advertising experience, built over more than 20 years at...

PepsiCo's Strong, Diversified Portfolio and Growth Strategy Deliver Solid Second-Quarter Results; Company Reaffirms Full-Year Guidance

Wednesday July 22nd 2009 06:58:00 AM

- Reported EPS Flat; Net Revenue Declined 3 Percent - Constant Currency Core EPS Grew 8 Percent; Constant Currency Net Revenue Grew 5.5 Percent* - Reaffirms Full-Year 2009 Guidance of Mid- to High-Single-Digit Constant Currency Net Revenue and Core EPS Growth - Continues to Invest in Innovation and Key Markets to Drive Long-Term Growth and Profitability PURCHASE, N.Y., July 22 /PRNewswire-FirstCall/ -- PepsiCo, Inc. (NYSE: PEP) today reported solid revenue and operating profit results in the second quarter of 2009, reflecting strong effective net pricing, product innovation and cost discipline...

Reconciliation of Non-GAAP Financial Measures relating to Q2 2009 Earnings Conference Call held on July 22 , 2009

Wednesday July 22nd 2009 12:00:00 AM

Please click here to view the Reconciliation relating to the Q2 2009 Earnings Conference Call held on July 22, 2009.

PepsiCo Announces Appointment of Jonathan McIntyre as Senior Vice President, R&D Global Beverages

Thursday July 9th 2009 02:01:00 PM

PURCHASE, N.Y., July 9 /PRNewswire-FirstCall/ -- PepsiCo announced today the appointment of Jonathan McIntyre, Ph.D., to the newly created position of senior vice president, PepsiCo R&D Global Beverages, reporting to Mehmood Khan, chief scientific officer, and Massimo d'Amore, chief executive officer, PepsiCo Americas Beverages. As PepsiCo continues to accelerate the innovation in its global beverage business, McIntyre will lead the R&D beverage transformation agenda worldwide. To meet the ever-changing demands of consumers and retail customers, McIntyre will be responsible for developing products with real functional and natural advantages while continuing to apply credible...

PepsiCo and Pepsi Bottling Group to Invest $1 Billion In Russia 50 Years After Russians Had Their First Taste of Pepsi-Cola

Monday July 6th 2009 12:03:00 AM

--Investments support new beverage, juice and snack infrastructure, including Domodedovo plant being inaugurated this weekMOSCOW, July 6, 2009 /PRNewswire-FirstCall via COMTEX/ -- PepsiCo, one of the world's largest food and beverage companies, announced today that it plans to invest US$1 billion in Russia over three years, together with its partner The Pepsi Bottling Group (PBG). The investment will bring the cumulative investment in Russia by PepsiCo and PBG to over $4 billion and is consistent with PepsiCo's ongoing strategy to expand in emerging markets. "I am delighted to announce that over three years we expect to invest $1 billion in our beverage and food businesses in Russia," sa...

As Obama and Medvedev Meet, Moscow Marks 50 Years Since the Historic American Exhibition

Wednesday July 1st 2009 12:18:00 PM

At Cold War-era expo, one enterprising capitalist shared Pepsi with Premier Khrushchev and three million visitors; A half-century later, Donald Kendall is returning to celebrate MOSCOW, July 1 /PRNewswire-FirstCall/ -- When Presidents Medvedev and Obama meet in Moscow next week, their summit will coincide with another historic milestone in U.S.-Russia relations: the 50th anniversary of the American National Exhibition in Moscow. (Photo: http://www.newscom.com/cgi-bin/prnh/20090701/NY40858 ) Opened in July 1959, the exhibition provided an extraordinary six-week interlude in the Cold War. Nearly three million visitors had a rare chance to see a remarkable display of...

PepsiCo Signs On as a Global Partner of USA National Pavilion at 2010 Shanghai World Expo

Wednesday July 1st 2009 10:17:00 AM

--BEIJING, July 1, 2009 /PRNewswire-FirstCall via COMTEX/ -- The USA National Pavilion organizers announced here today that PepsiCo has joined as a Global Partner and the Exclusive Non-Alcoholic Beverages and Snack Foods Partner of the USA Pavilion at the 2010 Shanghai World Expo. The Global Partnership Contract was signed today by Ms. Indra Nooyi, Chairman and CEO of PepsiCo and Ms. Ellen Eliasoph, Co-Chairman of the USA National Pavilion at a ceremony attended by senior representatives of the Expo Organizing Committee, senior officials from China's Ministry of Commerce and National Development and Reform Commission, U.S. Consul General in Shanghai Beatrice Camp, and officials of the Ameri...