PepsiCo is crediting its quarterly growth to resilient consumer behavior, especially on an international scale. The soda and snack food giant on Tuesday (April 23) released earnings showing 2.3% net revenue growth, while forecasting an additional 4% for the coming year. “I would say the consumer globally,...
As rising food prices alienate grocery customers, merchants are beginning to throw their weight around with major food brands, if the Carrefour-PepsiCo standoff is any indication, though the truth may be murkier. Last week, Reuters reported that the French grocery giant informed shoppers that it...
When household finances are tight, consumers use various strategies to manage their budgets and make ends meet. This behavior applies to every spending category, from clothing to travel, but especially to essentials like groceries. After two years of persistent inflation, a more cost-conscious U.S. consumer...
In times of economic uncertainty and persistent inflation, consumers tend to stretch their budgets to the maximum, especially in essential categories like groceries. To do so without giving up true essentials, many consumers trade down by buying cheaper brands, shop at discount stores, or purchase...
July 21, 2020
Carbonated soft drinks, as a category, is getting accustomed to change. Consumers were already buying less sugary soda when COVID-19 hit, and second-quarter earnings reports from Coca-Cola and PepsiCo show the two iconic brands must make big modifications to what was seen as an impervious business. Coca-Cola CEO James Quincey set the tone even before his […]
February 16, 2018
PepsiCo turned some heads with its quarterly earnings call announcement that it would take some of its tax reform windfall and reinvest it in improving the firm’s eCommerce efforts. According to PepsiCo CEO...
July 11, 2024
PepsiCo’s snack food revenues dipped during its latest quarter as consumers continued to exercise caution. The food and beverage giant released second-quarter earnings results Thursday (July 11) showing revenue growth of 1.9%, down from 13% the same quarter last year. In commentary released before the company’s earnings call, CEO Ramon Laguarta said PepsiCo’s Quaker Foods […]
April 23, 2024
PepsiCo is crediting its quarterly growth to resilient consumer behavior, especially on an international scale. The soda and snack food giant on Tuesday (April 23) released earnings showing 2.3% net revenue growth,...
September 18, 2023
Instacart has announced that it will be pricing its initial public offering (IPO) at $30 per share, which is at the high end of expectations. At this price, Instacart would have...
August 27, 2023
Some of the world’s biggest food companies are reportedly interested in buying Hostess Brands. The Twinkies-maker is considering a sale after hearing takeover interest from companies that include General Mills, PepsiCo, Mondelez International and The Hershey...
