The company has navigated the health crisis better than Coca-Cola as it relies more on grocery and retail channels from where consumers stockpiled snacks and beverages
Global food and beverages major PepsiCo said it has clocked a high single-digit growth in the Indian market in the October-December quarter. However, the growth in the Indian market was slower than some emerging markets like Brazil, where it reported double-digit growth. "Our fourth quarter international growth featured double-digit organic revenue growth in Brazil, high-single-digit growth in China, India, Australia and Germany, and mid-single-digit growth in the UK and Russia," PepsiCo Chairman and CEO Ramon Laguarta said in an earnings call. The company has gained market share in the beverage segment in India during the quarter. "Our business momentum helped us gain savory share in many of our key snack markets, including Mexico, Brazil, China and Russia, and for beverages, we gained share in China, India, the UK, Germany, Egypt and Thailand within the year," Laguarta added. Overall, PepsiCo's global beverage business has accelerated in Q4 and its global snacks and food busines
When compared with some of its other markets like Brazil, the India business of PepsiCo remained below par
Beyond Meat's shares, which gained about 65% last year, were up 22.4% in premarket trading, while those of PepsiCo were up 1%
During the conversation on January 15, Nooyi advised the students not to idolise people based on their positions
The food-and-beverage giant generated about 57 million metric tonnes of greenhhouse gas emissions globally in 2019
Bunching up of festive season in Q4CY20, resumption of public transport aiding on-the-go consumption, continuing in-home consumption trend bode well for the firm going forward
Estimates indicate that volumes for the whole year for beverages will be down to a third of last year, despite the push by soft drink companies to go online
The greenfield (new) unit is being set up in Kosi, Mathura, on 35 acres of land provided by the UP State Industrial Development Authority (UPSIDA), an official statement issued here said
Hyderabad based MagFast Beverages has won the battle against beverages MNC, Pepsico to use the trademark, 'Mountain Dew'
Sales of snacks under the company's Frito-Lay North America unit, rose 7% in the quarter
PepsiCo said in a statement that Azevedo will oversee its public policy, government affairs and communications efforts
Minister Siddharth Nath Singh said that many US companies have agreed to invest in the state
Shutdowns are in place in at least 14 states in the country to tackle the spread of the coronavirus
With the pandemic and the ban on TikTok narrowing down opportunities for customer engagement, brands reconsider the role and power of influencers
The firm's sales of snacks and beverages during the period was hit as lockdowns kept sporting events off ground and hotels, malls, restaurants, and multiplexes shut to contain the spread of Covid-19.
For PepsiCo, sales of snacks under the Frito-Lay North America unit rose 7% in the second quarter ended June 13, while Quaker Oats surged 23%
FMCG companies have stepped into the resultant gaps and have started to explore direct-to-consumer distribution channels
PepsiCo has launched a fundraising in collaboration with Swiggy and the National Restaurant Association of India to offer help to restaurant employees hit hard by the coronavirus lockdown
Pepsi, Coke, Britannia, Kwality Walls and a host of other brands line up for e-stores on delivery apps, rethink visual identities, and the retail experience