PepsiCo is teaming up with a Chinese partner to build a Quaker oats production facility in the Asian country. The US-headquartered food and drinks giant has inked what it called a “strategic cooperation” agreement with Jiangsu Rilong Food Co.
That said, PepsiCo's financial performance is a bit weak today and there are some big-picture concerns around the consumer staples space that are holding the stock down. If history is any guide, this too shall pass. Thus, the historically high yield on offer right now is likely to be very appealing to a long-term income investor.
It also makes Quaker Oats, brekfast cereals and granola bars. PepsiCo's prices have been the subject of some scrutiny since the pandemic. In 2022, for example, the company acknowledged shrinking ...
Quaker Oats Co., affiliated to food and beverage giant PepsiCo, Inc., is recalling select Pearl Milling Co. Original Pancake & Waffle
The US Federal Trade Commission sued the beverage maker, alleging illegal price discrimination by giving unfair price advantages to one retailer.
This consistent dividend growth is a testament to PepsiCo's financial health and ability to generate sustainable profits. This track record is invaluable for investors, particularly those seeking a reliable income stream. It signifies that PepsiCo is not just a company focused on short-term gains but one built for long-term value creation.
It also happens to be the No. 1 U.S. company when it comes to salty snacks via its Frito-Lay business. And PepsiCo also has a sizable packaged food operation that lives within its Quaker Oats ...
On Jan. 23, shares of beverage maker Celsius Holdings (NASDAQ: CELH) fell to an intraday low of $24.55, their lowest price since July 2022. The energy drink company took the industry by storm over the last few years,
Share prices of PepsiCo (NASDAQ: PEP) hit an all-time high in the first half of 2023. If you have been watching this consumer staples giant waiting for a good entry price, this is it. Here's why you should buy PepsiCo right now if you are a dividend growth investor.
Over halfway through the regular season, Nate Oats has a good hold on Alabama basketball's identity. "We try to play fast, but we don't want to be Hollywood," he told ESPN's "College GameDay" on ...
M&A activity in the F&B industry is set to rise in 2025, driven by favorable economic conditions and strategic acquisitions by companies expanding their market presence.
What's a "pure play" company? It's one engaged primarily in a single kind of business — as opposed to companies that have multiple operations.