Latest news with #Cheetos
Globe and Mail
10 hours ago
- Business
- Globe and Mail
PepsiCo's International Business Shines: Can It Reignite Performance?
PepsiCo, Inc. 's PEP international business is a cornerstone of its global strategy and long-term growth strategy. In first-quarter 2025, its international business delivered 5% organic revenue growth, marking the 16th consecutive quarter of at least mid-single-digit growth, despite ongoing geopolitical and macroeconomic challenges. Strong international demand for products like Tropicana juices and Cheetos helped to offset the slowdown in the U.S. market. This business is also central to PepsiCo's diversification efforts, contributing nearly 40% of the company's total 2024 net revenues and core operating profit, and representing a significant portion of its nearly $37 billion international portfolio. PepsiCo's international beverages business led the performance, achieving 11% organic growth in first-quarter 2025, driven by robust demand in key markets including China, India, Egypt, Turkey, Mexico, Brazil, the U.K. and Australia, alongside market share gains in Germany, France, Spain and South Korea. Meanwhile, the company's international convenient foods business grew 2% organically, driven by strength in markets like Brazil, Egypt, India and Turkey, and complemented by snack share gains in China, South Africa, Poland and Thailand. These results highlight the company's ability to tailor products to local preferences while strengthening market share across both beverages and snacks in a broad array of global regions. Looking ahead, PepsiCo plans to build its global momentum by scaling its international presence and deepening its localization efforts. This includes adapting its product offerings to suit regional tastes, modifying price-pack architectures to provide greater consumer value and expanding channel reach. The company also aims to elevate productivity through investments in automation, digitalization and standardization across global operations, freeing up capital to reinvest in commercial initiatives and innovation. PepsiCo's international growth strategy is focused on long-term profitability through sustained product innovation, market-specific customization and operational efficiency. Despite near-term headwinds from foreign exchange and supply chain inflation, particularly due to tariffs and input sourcing challenges, the company remains confident in the resilience and scalability of its global model. With a firm commitment to adaptability and efficiency, PepsiCo's international operations continue to play an essential role in supporting its broader strategic and financial goals. PEP's Competition in the International Market The Coca-Cola Company KO and Monster Beverage MNST are the key beverage companies competing with PepsiCo in the global arena. Coca-Cola, a leading beverage company, is PepsiCo's key competitor in the international market. Coca-Cola and PepsiCo compete directly in several international markets, including India, China, Brazil and Mexico. In these regions, both companies vie for market share in the non-alcoholic beverage sector, employing strategies tailored to local consumer preferences and leveraging their extensive distribution networks. Coca-Cola's international strategy focuses on being a "Total Beverage Company," expanding beyond carbonated drinks to include juices, dairy, plant-based beverages and energy drinks. Regionally, Coca-Cola's market share is particularly strong in Latin America (61.8%), Western Europe (51.8%) and the Asia-Pacific region (50.9%). This dominance is attributed to its strategic localization efforts, adapting products to suit regional tastes and preferences. Coca-Cola's international business remains a critical driver of its global performance, contributing approximately 61.3% of its total revenues in 2024. Monster Beverage's international business continues to be a key growth driver, contributing approximately 39.6% of its total revenues in the first quarter of 2025. Strategically, MNST is focused on expanding its international footprint through product launches in key markets such as China, India and the EMEA region. The development of a juice production facility in Ireland is part of its efforts to bolster growth and regional efficiencies. These initiatives aim to enhance Monster Beverage's global presence and adapt to regional consumer preferences. Monster Beverage's international operations overlap with PepsiCo's in several key markets, including China, India and Mexico. In these regions, both companies compete in the energy drink segment, with PepsiCo's Rockstar brand and MNST's diverse offerings like Reign, Bang and NOS vying for market share. This competition underscores the dynamic nature of the global energy drink market and the strategic importance of these regions for both companies. PEP's Price Performance, Valuation and Estimates Shares of PepsiCo have lost around 13.5% year to date against the industry's growth of 6.9%. From a valuation standpoint, PEP trades at a forward price-to-earnings ratio of 16.33X, significantly below the industry's average of 18.59X. The Zacks Consensus Estimate for PEP's 2025 earnings implies a year-over-year decline of 3.6%, whereas its 2026 earnings estimate suggests a year-over-year uptick of 5.4%. The estimates for 2025 and 2026 have been southbound in the past 30 days. PEP stock currently carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CocaCola Company (The) (KO): Free Stock Analysis Report PepsiCo, Inc. (PEP): Free Stock Analysis Report Monster Beverage Corporation (MNST): Free Stock Analysis Report
Yahoo
19 hours ago
- Entertainment
- Yahoo
Race Across The World contestants 'deeply saddened' by Sam Gardiner's death
Race Across the World winners and contestants have paid tribute to Sam Gardiner who died in a car crash at 24 years old. The car accident happened on the A34 in Gatley, near Cheadle on Monday and Gardiner died from his injuries days later on Thursday, Greater Manchester Police said. Gardiner took part in series two of the BBC travel show, that aired in March 2020, alongside his mum Jo. In the 2019 series, the contestants were tasked with travelling from Mexico City to the southernmost city in the world Ushuaia in Argentina. The mother and son were unable to compete in the final leg of the journey as they ran out of money but at the time Sam described the seven-week experience as "life-changing". Lovely messages have been shared in memory of the Race Across the World contestant from others who have taken part in the show from series two and beyond. Race Across the World series two winner Emon Choudhury — who took part in the show with his nephew Jamiul — led the tributes with his kind words. He wrote on social media: "Such heart breaking news." Choudhury posted photographs of them together on Instagram and wrote a message "in loving memory of Sam". His message read: "I'm deeply saddened to share that my dear friend Sam has passed away. Many of you will remember him from Race Across the World—where he and Jo showed us what it truly means to live fully, love fiercely, and embrace every moment with an open heart. View this post on Instagram A post shared by Emon Choudhury (@emonchoudhury) "Sam was pure sunshine in human form. his kindness was a beacon for anyone lucky enough to cross his path. He made us feel seen, supported, and braver than we ever thought possible. With every warm smile and encouraging word, he reminded us that life's greatest treasures are the connections we make and the love we share. "Though his journey here ended far too soon, Sam's generous spirit will keep guiding us. I find comfort knowing that his light lives on in the laughter we still carry, the dreams he inspired, and the countless ways he taught me that he was always stronger than me in every way. His love for Cheetos and the many stories we all have is something I will cherish and always remember. My journey on @raceacrosstheworld would have never been the same with out him. Every time I have a subway I'll always remember you. "Rest easy, Sam. You'll be forever missed, and never forgotten." Also from series two, contestant Lizzie Slater shared on Instagram: "Love you forever Sam." On her Instagram stories, she added: "Will always be a huge part of our race across the world family." Additionally series two contestant Jen simply wrote "love you" over a collage of pictures from their time on Race Across the World. View this post on Instagram A post shared by Jenna Lambra-Stokes (@jennalambrastokes) After the news broke, the team at Race Across the World shared a statement reflecting on how viewers at home fell in love with Sam when watching series two. A spokesperson for Race Across the World wrote on Instagram: "We are all deeply saddened to hear the tragic news about Sam, who died this week following a car accident. Everyone who worked with him and indeed everyone who watched Sam could see just how precious and transformative the trip was for both him and his mum, Jo. "Sam embraced the seven-week trip with an energy, love and a determination that saw the pair enjoy adventures across Mexico to Argentina making audiences fall in love with them and their special bond as a result. "Since filming, both Sam and Jo have been an integral part of the Race Across the World cast family and on behalf of us all from the BBC, production and the rest of the cast, we would like to extend our deepest condolences to his parents, Andrew and Jo; his brothers, William and Charlie; his step mum Justine; his family and friends." View this post on Instagram A post shared by Race Across The World (@raceacrosstheworld) Beneath the post, many Race Across the World contestants shared their condolences. Among the comments, series four winner Alfie Watts wrote: "All my love to the family. What awful news." Brian and Melvyn from the 2025 series commented: "Very sorry to hear this. Our thoughts are with Sam's family." Sioned, also from the 2025 series, simply shared a heart. Series three winners Tricia and Cathie posted: "We are devastated for Jo and her family. Thinking of them all." View this post on Instagram A post shared by Sam Gardiner (@sam_gardiner_) News broke when Sam's parents paid tribute to their "loyal, funny and fiercely protective" son. In a statement, Mrs Gardiner and his father Andrew said: "We are devastated by the loss of our beloved son Sam in a terrible accident. "Sam left us far too soon, and whilst words will never fully capture the light, joy and energy he brought into our lives, we hold on to the memories that made him so special. Sam was adored by his family. As a son, brother and nephew, he was loyal, funny and fiercely protective. "He did Race Across The World in 2019, which opened his eyes to the wonder of adventure and travel. He was willing to go wherever the trail might lead and he touched everyone he met on the road. He found great happiness working as a landscape gardener on the west coast of Scotland."
Washington Post
2 days ago
- General
- Washington Post
Their children have a rare condition. They didn't know its name – until now.
Five-year-old Adeline Strohbeck lugged a box of White Cheddar Cheetos Puffs across the grass and watched as the other children and their parents started to arrive. Like a small mayor with a large white ribbon in her hair, she walked up to each and tried to engage them. She didn't use words. Most of the other children didn't either.
NDTV
2 days ago
- Entertainment
- NDTV
Cheetos Chicken Lollipop: An Experimental Viral Recipe That Has Foodies Intrigued
Many chicken lovers cannot resist a plate of spicy chicken lollipops. Whether it is a family dinner or an outing with friends, who does not love savouring this delicious delicacy? This evergreen dish, perfect on its own, has now become the subject of a food experiment. In a video shared on Instagram, a food vlogger is seen adding an unusual twist to the dish by using Cheetos. The clip, shared by @great_indian_asmr, shows the vlogger coating the chicken leg pieces with garlic, onion powder, paprika, chilli powder, salt and oil. After marinating it, he tears open a packet of spicy Cheetos and blends them into a fine powder. Also Read: Husband Makes "Carnivore Chips" To Fulfil Wife's Cravings Next, he sets up a coal stove and grills the marinated chicken until it is cooked. Then comes the twist - he removes the meat from the bones and mixes it with shredded cheese, yoghurt and parsley in a bowl. After combining everything, he reassembles the minced chicken around the bones, coats them with egg, and then rolls them in the Cheetos powder. Finally, the chicken is deep-fried on high heat until crispy. Watch the full viral recipe video here: View this post on Instagram A post shared by Great Indian Asmr (@great_indian_asmr) This unique combination impressed the foodies online as they expressed their thoughts on the recipe in the comments section. One user wrote, "Looks amazing, hope I get to try it sometime." Another added, "Bro's cooking skills are fire." A viewer asked, "Do you invite your followers to eat?" "I love your videos very much. I admire your commitment and also the team. I really feel the TRUE cravings when I watch you cook," read a comment. Several people shared recipes to try in the next video, including "Korean-style ramen" and "dahi vada from Odisha." What did you think of this viral video? Let us know in the comments below.
Yomiuri Shimbun
2 days ago
- Yomiuri Shimbun
A Growing Number of New Orleans Fugitives' Friends and Family Arrested for Aiding in Jail Escape
The Advocate via AP File Troopers with Louisiana State Police escort Orleans Parish Prison escapee Lenton Vanburen to a waiting vehicle late Monday, May 26, 2025, at Louisiana State Police Headquarters after he was captured in Baton Rouge, La. NEW ORLEANS (AP) — The 10 men who escaped from a New Orleans jail more than two weeks ago by cutting out a hole behind a toilet received help from at least 15 people, many of them friends and family who provided food, cash, transport and shelter according to court documents. Records reviewed by The Associated Press show how some of the fugitives received aid before and after their escape — including from a number of people named in police reports but not yet facing charges. A former jail employee is accused of driving escapee Lenton Vanburen to a relative's home and helping him FaceTime family the day of the escape, while another friend later offered him a hiding place in a vacant apartment he had been hired to repaint. Others sent money via apps, lied to authorities during interrogation and messaged or called the fugitives, police say. Some are now held on bonds $1 million or higher and most face the felony charge of accessory after the fact. In a city with an entrenched mistrust of the criminal justice system, authorities on Thursday raised the reward to $50,000 per fugitive. They stressed that friends and family are key to capturing the two remaining escapees, convicted murderer Derrick Groves and Antoine Massey, who faces kidnapping and rape charges. 'We understand that some of you might be reporting a friend, a loved one, a relative and albeit not easy, it is critical to your safety and the safety of the public that you report them,' Jonathan Tapp, special agent in charge of FBI New Orleans, said Thursday. Former jail employee appears linked to escape After the audacious escape in the early hours of May 16, a woman who police described as 'associated' with Groves 'picked up' and transported escapee Vanburen to a relative's residence, the documents show. En-route, she video-called Vanburen's sisters, who came to meet him. This woman — who has not been charged with aiding in the escape — shares the same name as a former Orleans Parish Sheriff's Office employee, according to court records. In 2023, that employee was arrested for bringing a folding knife and a bag of Cheetos containing tobacco and marijuana into the jail. The charges were dropped in part due to the woman's lack of criminal history and she 'successfully completed' a pretrial diversion program, the Orleans Parish District Attorney's office told The Associated Press. The Orleans Parish Sheriff's Office did not respond to request for comment. In a text message to an AP reporter, the woman denied bringing in contraband or aiding fugitives. Separately, authorities arrested a jail plumber they say helped the men escape, but his attorney maintains he was just trying to unclog a toilet. Phone records aid in arrests Several escapees, including Massey, relied on internet phone services to communicate with accomplices and 'avoid detection' by not leaving a trail of cellular signals, police reports say. Escapee Corey Boyd used an internet phone service to message several contacts seeking money and access to their iCloud accounts, threatening to kill one person if they did not comply, court records show. The FBI reviewed months of calls from Boyd's 'top caller' while incarcerated. They then found a brief call from a new phone number the night after the escape and used that to help track down Boyd. They discovered that Boyd's aunt was messaging him on Instagram to help him get food as hid in the apartment where a SWAT team captured him May 20. A victim of abuse arrested as accomplice One of the women accused of helping Massey and described by police as his 'paramour' also suffered from years of physical abuse from him, court records show. The woman, who had previously filed a protective order against Massey after he attempted to strangle her, was aware of his planned escape and later misled authorities, police say. She exchanged messages with Massey's 31-year-old sister saying they hoped he 'never gets caught.' Authorities staked out the New Orleans home of Massey's sister but a search six days after the escape turned up empty-handed. Police learned Massey had been inside the home before the raid and altered and deleted evidence on his sister's phone. Court records show police accuse Massey's sister of lying to them, slowing down the manhunt and forcing them to lose 'critical days and hours' in the search. Authorities appeal to public for help At least seven of the people facing felony charges for aiding the fugitives have ties to Lenton Vanburen, Jr. according to authorities. After alerting two of his sisters by prison phone in the hours before his escape, he instructed they contact 'my girl' and provide her with a 'clean phone' so the two could communicate. The woman identified by police as Vanburen's love interest told The Associated Press she never received the phone and denied involvement in the escape plans. Vanburen's sisters met up with him the night of his escape at a family member's residence where he was able to shower, change clothes and was given toiletries. Another family member later reportedly took him to a relative's home in Mississippi. Vanburen was ultimately captured in Baton Rouge, Louisiana, on Monday and two men arrested this week were accused of helping him find shelter in a hotel — paid for in cash — and an apartment undergoing renovation. The Baton Rouge court system had no record of their legal representation. In another case, a 59-year-old Louisiana woman is accused of sending cash to fugitive Jermaine Donald, a family friend, according to her attorney. Lindsey Hortenstine, communications director for the Orleans Parish Public Defenders' office, said that most of the people arrested in connection with helping the fugitives have not yet secured attorneys. Louisiana State Police Superintendent Colonel Robert Hodges said tips from friends and family remain essential to locating the remaining fugitives. 'They're tired, they're looking over their shoulder, looking for resources,' Hodges said. 'I think the advantage goes to law enforcement and we need the public's help to ensure that we keep that advantage.'
