Latest news with #Siete
Yahoo
19-05-2025
- Business
- Yahoo
Pepsi Officially Acquires Cult-Favorite Soda Brand in Massive Deal
After months of speculation that PepsiCo would acquire the popular prebiotic soda drink Poppi, the deal has officially gone through. On Monday, PepsiCo announced that it had closed the acquisition of Poppi for a massive sum totaling $1.95 billion, including $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion (it appears that the whole influencer vending machine controversy had almost no effect). According to a press release, the acquisition is part of PepsiCo's "ongoing transformation of its portfolio," which is ever-changing to meet consumer needs and also what inspired Pepsi's decision to recently acquire gluten and grain-free Mexican-American foods brand, Siete, and beloved dip maker, Sabra. Related: "Poppi represents a compelling strategic fit within our short- and long-term vision for the future of beverages," said Ram Krishnan, CEO of PepsiCo Beverages U.S., in a May 19 statement. "Its rapid growth, strong consumer engagement, and differentiated functional positioning make it a dynamic addition to our portfolio." "We are excited to scale Poppi's momentum and unlock new growth through our capabilities – we're just getting started," Krishnan added. Poppi CEO Chris Hall also said the brand is "incredibly grateful to our passionate community" and looking forward to the "next phase of growth" with Pepsi. "PepsiCo's belief in the Poppi brand is a tremendous validation of the work we've done to advance our mission,"Hall explained. What this means for fans of Poppi is currently unclear. It doesn't appear as though any recipe changes or flavor collabs are immediately underway, but the availability of the prebiotic gut-health soda could soon explode should PepsiCo retailers and distributors that hadn't stocked it before start offering it now. Next:
Yahoo
19-05-2025
- Business
- Yahoo
2 Monster Stocks to Hold for the Next 10 Years
Consumer staples companies are often considered safe-haven investments in times of market uncertainty. PepsiCo's stock price has plunged as it faces a weak business outlook, but that could be a buying opportunity. Hershey has suffered from a drastic increase in cocoa prices, but it is still investing for long-term growth. 10 stocks we like better than Hershey › Consumer staples companies sell things that people tend to buy regardless of the economic environment and stock market dynamics. They are looked at as safe-haven investments for that reason. But two of the industry's best-known companies are struggling today and, if you think long term, that is likely to be a buying opportunity. Here's why these two monster food stocks are buy-and-hold investments for the next decade. PepsiCo (NASDAQ: PEP) is named after its famous soda brand. Beverages are a very important business, but the company is the No. 2 player in the beverage industry. It is the No. 1 company in salty snacks, however, with its Frito-Lay brand. It also has a material packaged food business in Quaker Oats. All in, it is one of the most diversified consumer staples food companies you can buy, with strong innovation, distribution, and marketing skills. And still the company's business, like all others, goes through good times and bad. Right now, PepsiCo is facing bad times, with top-line growth cooling after a spurt of inflation-driven growth coming out of the coronavirus pandemic. Frito-Lay is also facing some headwinds as snacking trends appear to be changing. This isn't the first time PepsiCo has dealt with adversity over the last 53 years. That's how long it has increased its dividend, proving that this Dividend King knows how to survive. You have to have a good business model that gets executed well in both good times and bad to achieve a dividend record like that. The key today is that PepsiCo isn't sitting around idle, hoping for things to change. It is focused on cutting costs, improving efficiencies, and adjusting its mix to better appeal to consumers. That last point includes everything from changing the size of its packages to buying entire companies, like Siete, which makes Mexican-American fare, and Poppi, which makes probiotic beverages. Siete and Poppi are on-trend brands that will benefit from being plugged into PepsiCo's powerful distribution system. It may take a few years for PepsiCo to work through to better days. But with a historically high 4.4% dividend yield, investors are being paid very well to wait it out. While Hershey (NYSE: HSY) isn't the largest consumer staples company around, it is the U.S. leader in the confections space. You almost certainly know its namesake brand and its powerful Reese's franchise. While it doesn't have the same Dividend King status as PepsiCo, Hershey's dividend has trended steadily higher over time. The dividend yield is a historically high 3.4% or so today. The big problem facing Hershey right now is an astonishing rise in cocoa prices. Cocoa, a somewhat volatile commodity even during the best of times, is a key input into chocolate. The rising costs for cocoa will be a major headwind to margins in the near term. Investors have dumped the stock because of the high cocoa prices it is facing. There's no quick fix here, given the nature of the cocoa market (cocoa comes from trees, which take time to grow). So the issue could linger. What hasn't changed, however, is Hershey's dominant industry position, or its plans to grow by acquiring non-chocolate confection businesses and salty snack brands. The key to this long-term approach, however, is couched in the fact that The Hershey Trust, a charitable organization, basically has voting control of Hershey the company. This means that Hershey the company can think long term even when Wall Street is thinking short term because The Hershey Trust desires a reliable and growing dividend to support its philanthropic efforts. That's probably what you want, too, but to support your spending needs in retirement. If you don't mind collecting a lofty dividend yield from a confectionary giant, waiting for Hershey to muddle through the current cocoa headwinds could be for you. The average consumer staples stock yields around 2.5% today. Both PepsiCo and Hershey provide way more income. And while they each face specific business headwinds that have left them out of favor with investors, each company remains a giant in the niches where they compete. If you think in decades and not days when you buy dividend stocks, PepsiCo and Hershey should be on your buy list today. Before you buy stock in Hershey, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Hershey wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $642,582!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $829,879!* Now, it's worth noting Stock Advisor's total average return is 975% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Reuben Gregg Brewer has positions in Hershey and PepsiCo. The Motley Fool has positions in and recommends Hershey. The Motley Fool has a disclosure policy. 2 Monster Stocks to Hold for the Next 10 Years was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-04-2025
- Business
- Yahoo
Trusted Soda Company Makes Troubling Announcement
A trusted soda company is warning about the troubling impact of tariffs on its bottom line. According to The Associated Press, PepsiCo "lowered its full-year earnings expectations" because of concern over tariffs and less consumer spending. The company also makes Frito-Lay snack items. It expects "its core earnings per share to be even with last year," AP reported, which is less than the previously expected "mid-single-digit percentage growth." According to AP, the culprit is a 25% tariff on "imported aluminum," which is affecting PepsiCo and other soda companies. However, the soda company is hoping to "adjust sourcing to mitigate higher costs," Reuters reported. PepsiCo gets its soda concentrate from Ireland, according to The Wall Street Journal. According to CNBC, part of the issue is that shoppers are curtailing their spending, especially on snack items. Pepsi described consumers as "subdued," CNBC reported. 'As we look ahead, we expect more volatility and uncertainty, particularly related to global trade developments, which we expect will increase our supply chain costs,' Pepsi CEO Ramon Laguarta said in an April 24 statement, according to CNBC. 'At the same time, consumer conditions in many 'Consumers have remained value‐conscious across brands and channels as the cumulative impacts of inflationary pressures have strained budgets and altered food shopping patterns,' Laguarta and CFO Jamie Caulfield said in the statement, according to CNBC. The network reported that PepsiCo is looking to expand some of its product lines, such as Simply, Sabra and Siete. It is also getting rid of "artificial colors" in Lay's and Tostito's products, CNBC in to access your portfolio
Yahoo
16-03-2025
- Entertainment
- Yahoo
These March Madness Food Deals & Freebies Are A Total Slam Dunk
If you're competitive like me, March Madness is the best time of year. College basketball frenzy is upon us, and like any good competitor, we've crunched the numbers and polished up our brackets. Which college basketball team is going to take first place? While we sit on the edge of our seats waiting for the inevitable upsets, it's important to have all the best sustenance to get us through the month. Whether you like pairing your sports viewing with wings and pizza or chips and dip, a handful of restaurants and delivery services offer deals and steals (get it?) throughout the coming weeks. Here are some of the best to keep your eyes on. In honor of March Madness, Gopuff FAM members will score 40% off select chips and dips to pair with the games, including popular options like Tostitos, Basically, and Siete. Smashburger is teaming up with delivery services to celebrate a month of madness. From March 19-24 and again from March 28-31, customers who order through Uber Eats, Grubhub, and will receive $8 off with an order of $30 or more. Additionally, customers on DoorDash will receive $7.50 off $30 orders, while DashPass users will get $9 off. If you're craving pizza during the big games, Round Table Pizza has a handful of promotions running throughout the tournament. From March 16-20, customers can get 15% off their order for dine-in or carryout using the code RTP978. From March 21-23, guests can receive $5 off dine-in, carryout, and delivery orders of $35 or more using the code RTP989. Lastly, from March 27-31, customers can use the code RTP613 for 16% off dine-in, carryout, and delivery orders. The famous burger chain is doing its own March Madness—from March 12-15, fans can go to their local Shake Shack location to vote for their favorite sandwich: the Chicken Shack or the Avocado Bacon Burger. (Fans can also vote on the chain's Instagram or via the Shack App.) The winner will then be announced on Instagram on March 16. To celebrate, customers can score a free Chicken Shack or Avocado Bacon Burger with a $10 or more order from March 16-26. If you're looking forward to the final four as much as I am, up the ante with $0.75 boneless wings from Buffalo's Cafe. From April 5-7, guests can order up to 12 boneless wings at this price at participating locations. From April 5-7, customers can score $0.99 boneless wings (up to 10) at participating locations. Thank the Madness gods for answering your delivery dreams with some outstanding deals from the king of delivery. There are tons of deals throughout the tournament available to Grubhub+ and Amazon Prime members, including $5 off two orders of $20 and over using the code HOOP5 from March 18-April 7. Additionally, Grubhub and Seamless are offering new deals every week of the tourney: Score a free Wendy's Baconator on orders of $20+, free Italian Cheese Bread from Little Caesars on orders $25+, and $8 off at Chili's on orders of $40+. From March 19-21, you can also get 30% off at Wawa if you spend $25. If you make any purchase over $25 at 7-Eleven, you can receive 25% off. If you spend $15 or more at Popeyes from March 26-29 you will get a free chicken sandwich. Between March 26 and April 1, Jack in the Box is giving customers $5 off orders of $20 or more. From March 26-31, score $4 off any Starbucks order of $20 or more. Between March 27 and 30, Taco Bell is giving customers $5 off with a $15 or more purchase that includes a Cantina Caliente Chicken Soft Taco. Buffalo Wild Wings is offering buy-one-get-one wings if you spend $25 or more from March 29-31. Lastly, during the final days of the tournament, customers who order $20 or more from Jimmy John's can score buy-one-get-one in the Regular Favorite Menu Category, and Wendy's customers will get a free Baconator on orders $20+ from April 4-7. You Might Also Like Insanely Easy Weeknight Dinners To Try This Week 29 Insanely Delicious Vodka Cocktails
Yahoo
09-03-2025
- Business
- Yahoo
Why Coca-Cola's Rally Makes PepsiCo Stock Look Even More Attractive
It is virtually impossible not to look at Coca-Cola (NYSE: KO) if you are considering buying PepsiCo (NASDAQ: PEP) and vice versa. The two companies are iconic and globally dominant beverage giants. The price charts of the two stocks, however, look very different today. If you are a long-term dividend investor, PepsiCo looks like it is the most attractive after Coca-Cola's recent rally. Here's why. Coca-Cola makes a wide range of beverages. Basically, that's all it does. The company does this very well, with a massive global distribution network, research and development acumen, and marketing skills that place it in the pantheon of the consumer staples sector. It also has the scale to act as an industry consolidator, buying up companies with attractive products and growing them by simply plugging the new products into Coca-Cola's distribution system. It is a one-trick pony, but it is a very good trick. PepsiCo makes a wide range of beverages. It also makes a wide range of snacks and packaged food products. It has a massive global distribution network, a strong research and development department, and a marketing team every bit as good as Coca-Cola's. As for scale, PepsiCo has a long history of buying smaller brands and expanding them, just like Coca-Cola. PepsiCo's most recent endeavor on this front is Mexican American food maker Siete, which offers both snacks and packaged food items. PepsiCo may not be as dominant a beverage company as Coca-Cola; Pepsi-Cola has dropped to third in the cola wars. However, it is the No. 1 snack brand and a very solid No. 2 in the broader beverage space. In packaged food, it holds its own against larger peers. In other words, it is a well-run and diversified food company. Investors who like diversified businesses will probably prefer PepsiCo based on this fact alone. That said, both Coca-Cola and PepsiCo are Dividend Kings, which speaks to the strength of their underlying businesses. Coca-Cola's dividend streak is a little longer, but a company simply can't increase its dividend for 50+ years without having a good business plan that gets executed well year in and year out. These two consumer staples companies stand toe-to-toe as businesses, with the exception of diversification. That said, every company that exists for long enough will go through both good periods and bad periods. Right now, PepsiCo is facing some business weakness while Coca-Cola is executing better. Investors are aware of the dichotomy and buy and sell accordingly. If you look at the chart below, it almost seems like the two companies switched places. But short-term business gyrations aren't what long-term investors should be worried about. The bigger question is whether or not the company, be it Coca-Cola or PepsiCo, is still well run. The answer is that both of these consumer staples giants remain well run, but Coca-Cola is just doing a little better right now. The problem with PepsiCo is really a relative one since it was able to push through large price hikes when inflation took hold following the coronavirus pandemic. That boost is now over and it "only" grew organic sales 2% and core earnings 9% in 2024. It is calling for similar performance in 2025, with low-single-digit sales growth and mid-single-digit earnings growth. That's actually not bad in the consumer staples sector, which is known for being a slow and steady performer. Based on that news, however, investors have punished the stock, which is down around 20% from its peak in 2023. The drop has pushed PepsiCo's yield up toward the highest levels in the company's history. And its price-to-sales and price-to-earnings ratios are below their five-year averages. This is a well-run company that looks like it has been placed on the sale rack. By comparison, Coca-Cola's stock has rallied in recent months. Its dividend yield is nowhere near the historical highs for the stock. And the price-to-sales and price-to-earnings ratios are now both above their five-year averages. Prior to the rally, Coca-Cola was more compellingly priced, but now it looks a little expensive. That makes PepsiCo look all the more attractive, given their direct competition in the beverage sector. None of this is meant to suggest that Coca-Cola is a bad company. In fact, it is a very good company. It just isn't as compellingly valued as PepsiCo, an equally good company, is right now. The reason has more to do with the myopic vision of Wall Street, which focuses too much on the short term. If you think in decades, particularly if you are an income investor, PepsiCo and its historically high 3.5% yield look even more attractive following Coca-Cola's price rally. Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $292,207!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $45,326!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $480,568!* Right now, we're issuing 'Double Down' alerts for three incredible companies, and there may not be another chance like this anytime soon.*Stock Advisor returns as of March 3, 2025 Reuben Gregg Brewer has positions in PepsiCo. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Coca-Cola's Rally Makes PepsiCo Stock Look Even More Attractive was originally published by The Motley Fool Sign in to access your portfolio
