Latest news with #PepsiCoInc
Bloomberg
06-05-2025
- Business
- Bloomberg
Ambani's 12-Cent Cola Is Eroding Coke, Pepsi Dominance in India
Asia's richest man is challenging the decades-long dominance of Coca-Cola Co. and PepsiCo Inc. in the most-populous country using a playbook he has practiced to perfection in other sectors: price disruption. Investors got a peek at the inroads being made by Campa Cola under Mukesh Ambani-led Reliance Industries Ltd. last month. The Mumbai-based conglomerate said the fizzy drink achieved double-digit market share in key regions in the year ended March 31 — barely two years after it was relaunched in India. It didn't disclose exact share numbers or revenue for the brand in the latest quarter.
New York Post
30-04-2025
- Business
- New York Post
PepsiCo to remove artificial ingredients from popular food items by end of 2025
Heeding the call to ban artificial ingredients by Health and Human Services Secretary Robert F. Kennedy Jr., PepsiCo isn't wasting any time getting started. Ramon Laguarta, PepsiCo Inc. chair and chief executive officer, said in an April 24 conference call that the company will reduce artificial ingredients and has already begun doing so, as Food Business News reported. Advertisement 'We've been leading the transformation of the industry now for a long time on sodium reduction, sugar reduction and better fats,' Laguarta said. 'Sixty percent-plus of our (portfolio) today doesn't have any artificial colors,' he said — and the company is 'undergoing that transition.' Laguarta cited examples such as Lay's and Tostitos, which 'will be out of artificial colors by the end of this year.' He added, 'So, we're well underway.' Advertisement RFK Jr. and Dr. Martin Makary, U.S. Food and Drug Administration commissioner, announced a ban on petroleum-based synthetic dyes from America's food supply last Tuesday. As the HHS noted in its news release, among the steps to be taken are 'establishing a national standard and timeline for the food industry to transition from petrochemical-based dyes to natural alternatives.' 'Initiating the process to revoke authorization for two synthetic food colorings — Citrus Red No. 2 and Orange B — within the coming months; and working with industry to eliminate six remaining synthetic dyes — FD&C Green No. 3, FD&C Red No. 40, FD&C Yellow No. 5, FD&C Yellow No. 6, FD&C Blue No. 1, and FD&C Blue No. 2 — from the food supply by the end of next year.' 3 In an April 24 conference call, PepsiCo Inc. chair and chief executive officer, Ramon Laguarta, said the company will reduce artificial ingredients. jetcityimage – Advertisement 3 Food Business News reported that the company has already started doing so after the ban was placed on artificial ingredients by Health and Human Services Secretary Robert F. Kennedy Jr. tanvirshafi – Certified nutritionist and 'Make America Healthy Again' supporter Liana Werner-Gray told Fox News Digital, 'This is a huge win for public health and long overdue.' Werner-Gray is the author 'The Earth Diet,' which began as a blog about what she ate to help promote healing and remedy her health problems after she was diagnosed with cancer. The Earth Diet, she said, is 'all about going back to nature and eating foods from nature, eating real nutrition, eating foods that God provides us with naturally,' she told Fox News Digital. Advertisement 3 Laguarta said Lay's and Tostitos 'will be out of artificial colors by the end of this year.' billtster – 'I've personally eliminated artificial dyes like Red 40, Yellow 5, Yellow 6, Blue 1 and others from my diet over 16 years ago when I started The Earth Diet, living a natural lifestyle,' Werner-Gray said. She would suffer from frequent major mood swings, anxiety, skin breakouts and energy crashes, as well as strong impulsive urges to eat processed food, she said. 'Once I removed these dyes and switched to natural, whole-food-based alternatives, those symptoms went away, too,' Werner-Gray said, adding that her clients have reported similar outcomes. In Werner-Gray's opinion, the manipulation of food has gone on far too long, she said. 'This move by the FDA under Secretary Kennedy and Commissioner Makary's leadership is a pivotal step toward restoring integrity in our food system,' she said. 'It's time we raise the standard. Clean, natural and nourishing food should be the norm, not a luxury.' Advertisement In the April 24 conference call, PepsiCo's CEO noted that its chips, puffs and other snacks are safe to consume and that the company stands by the existing science, according to reports. 'Every consumer will have the opportunity to choose what they prefer,' said Laguarta. Fox News Digital reached out to PepsiCo for additional comment.
Yahoo
28-04-2025
- Business
- Yahoo
Jim Cramer Explains Why He's ‘Concerned' About PepsiCo (PEP)
We recently published a list of . In this article, we are going to take a look at where PepsiCo Inc (NASDAQ:PEP) stands against other stocks analysts are talking about amid Trump's tariff war. Markets saw some glimmer of hope as President Donald Trump indicated that he does not plan to fire Federal Reserve Chair Jerome Powell and showed openness to engage in talks with China. However, China has said in a statement that the US should dial back all unilateral duties if it's serious in negotiations. Andrew Slimmon, Morgan Stanley Investment Management senior portfolio manager, explained in a recent program on CNBC what made Trump blink: 'I think…April 9th was an important day because on that day Trump came out and said I didn't like what I saw in the bond market, I didn't like Jamie Diamon saying there's a recession coming and he said 'So I'm putting a 90-day pause on.' So in my opinion, what he really said is tariffs are important to me but a recession's worse and so there's the priority which he basically gave you the indication there is a Trump put out there. I don't think it's down 10 15 but it was when the market was almost down 20 right, credit spread started to quake.' READ ALSO 7 Best Stocks to Buy For Long-Term and 8 Cheap Jim Cramer Stocks to Invest In For this article, we picked 10 stocks Wall Street is talking about these days. With each stock, we have mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). Number of Hedge Fund Investors: 58 Jim Cramer in a recent program on CNBC discussed a latest research report on PepsiCo Inc (NASDAQ:PEP), which talked about the impact of rising snack prices on the company: 'There's a piece of research today that is emblematic of what makes this market so hard. So out of nowhere, Bank of America, which has been a staunch supporter of PepsiCo, downgrades it. Basically says snacks are too expensive. They're losing share in beverages. David, when I read this, I said, 'This is the kind of thing that I'm most concerned about. These food companies have raised price, raised price, raised price, and then in the interim it got too expensive.' And they talk about the convenience store and working-class people who can't afford to get to buy things. Because there is just so much you can do in terms of cost cutting. So I—I found that Ramon Laguarta if he read this, he would say, 'I got to get this thing.' But the only way you can get more is to cut twice.' Overall, PEP ranks 9th on our list of stocks analysts are talking about amid Trump's tariff war.. While we acknowledge the potential of PEP as an investment, our conviction lies in the belief that under the radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than PEP but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Bloomberg
25-04-2025
- Business
- Bloomberg
Analyst's Kid Grills Pepsi CEO, as ‘Take A Child to Work' Meets Earnings Season
PepsiCo Inc. Chief Executive Officer Ramon Laguarta is used to getting asked about the impact of blockbuster weight-loss drugs on his food company's business, but the questions aren't usually coming from a 13-year-old. 'So what do you think about the launch of GLP-1 oral medications coming to market next year?' asked Milena Gajrawala, the teenage daughter of Jefferies analyst Kaumil Gajrawala.
Time of India
23-04-2025
- Entertainment
- Time of India
Gatorade enlists Kendrick Lamar to keep sports drink lead
Rapper Kendrick Lamar will headline one of the biggest marketing campaigns ever for Gatorade , as owner PepsiCo Inc. looks to defend its lead in the increasingly competitive sports drink category. The campaign, set to be announced Friday, features the Grammy- and Pulitzer Prize-winning artist and an assortment of Gatorade athletes such as Caitlin Clark, Luka Doncic, Jayson Tatum, A'ja Wilson and Shedeur Sanders. Ads will debut during the National Basketball Association playoffs this weekend, with more marketing being prepared for sporting events like Major League Baseball's All-Star game and the National Football League's draft. Gatorade is the top US sports drink by a wide margin with about 62% market share, according to Beverage Daily. But many sports drink brands have invaded the industry in recent years. Rival Coca-Cola Co.'s established brands Bodyarmor and Powerade are signing sports stars while newcomers like Unilever PLC's Liquid IV and influencer Logan Paul's Prime snag market share. Bodyarmor unveiled its own ad campaign with athletes including Joe Burrow and Connor McDavid on Thursday. 'The sports drink category is at an inflection point,' said Anuj Bhasin, Gatorade's chief brand officer. He's concerned that amid all the new entrants, shoppers have forgotten that 'sports drinks are a scientifically superior solution' that aim to improve athletic performance. It's the largest celebrity brand campaign in Gatorade's history and Lamar's involvement will be the first time a musician is featured in Gatorade ads, Bhasin said. Financial terms weren't disclosed. Lamar's profile has skyrocketed over the past year with several number one hits and a halftime performance at the NFL's Super Bowl in February. He has worked with brands like Nike Inc. and American Express Co, and will begin a global concert tour in Minnesota on Saturday. 'Hip-hop culture is a big part of sport culture,' said Bhasin. 'This is where we're working to make shifts in how to interact with Gen Z.'
