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PepsiCo Appoints Christine Tammara Senior Vice President and Controller
Prnewswire· 2024-12-11 21:20
Tammara To Succeed Controller Marie Gallagher Who Will Retire in May 2025 PURCHASE, N.Y., Dec. 11, 2024 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP)  today announced that Christine Tammara has been appointed Senior Vice President and Controller effective May 3, 2025, succeeding Senior Vice President and Controller Marie Gallagher, who previously announced her intention to retire. Tammara will report to PepsiCo Chief Financial Officer Jamie Caulfield.Tammara joined PepsiCo in 2007 and has served as Senior Vic ...
2 Stocks I'm Buying In The Month Of December
Seeking Alpha· 2024-12-11 11:48
I have never had less than 80% of my money in American business. You can call them stocks. I don't wanna own anything else.Contributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due diligence. I'm a Navy veteran who enjoys dividend investing in quality blue-chip stocks, BDC ...
PepsiCo Awards $100,000 to ¡Ya Oaxaca!, Winner of 2024 Greenhouse Accelerator: Juntos Crecemos Edition
Prnewswire· 2024-12-03 14:00
Core Insights - PepsiCo announced ¡Ya Oaxaca! as the winner of the Greenhouse Accelerator Program: Juntos Crecemos Edition, which supports emerging Hispanic-inspired food and beverage companies [1][2] - ¡Ya Oaxaca! specializes in artisanal Mexican mole sauces, adobos, and salsas, and will receive a $100,000 grant to scale operations [1][3] Company Performance - ¡Ya Oaxaca! achieved a revenue growth of 350% and expanded retail distribution by 200% during the mentorship program [3] - The company was selected from eight finalists based on its application of mentorship learnings to enhance operational efficiencies and improve gross product margins [3][4] Program Details - The Greenhouse Accelerator Program provides finalists with a $20,000 grant and hands-on coaching from PepsiCo experts in various fields [3][4] - The program aims to address challenges such as brand awareness, go-to-market strategies, and supply chain issues for participating companies [3][4] Industry Impact - The success of ¡Ya Oaxaca! highlights the potential for innovation in the food and beverage industry, particularly through the introduction of bold flavors and new product variations [4] - The Greenhouse Accelerator has evolved since its inception in 2018 to assist entrepreneurs in sustainability and meeting consumer needs [4]
PepsiCo Agrees to Buy the Remaining 50% Stake in Sabra and Obela
ZACKS· 2024-11-25 17:55
PepsiCo, Inc. (PEP) looks well-poised for growth on strength in its core categories, diversified portfolio, improved digital capabilities and flexible go-to-market distribution systems. In the latest revelation, PepsiCo has agreed to purchase the remaining 50% interest in Sabra Dipping Company, LLC (Sabra) and PepsiCo-Strauss Fresh Dips & Spreads International GmbH (Obela). Hence, the company will be the sole owner of these companies, manufacturing Sabra and Obela products.More on PEP’s Latest NewsPresently ...
PEPSICO TO ACQUIRE FULL OWNERSHIP OF SABRA AND OBELA
Prnewswire· 2024-11-22 09:15
Core Viewpoint - PepsiCo has announced its agreement to acquire the remaining 50% interest in Sabra Dipping Company and Obela, becoming the sole owner of these brands, which focus on refrigerated dips and spreads to meet growing consumer demand [1][3][4] Company Overview - Sabra and Obela were previously 50/50 joint ventures between PepsiCo and Strauss Group, with Sabra operating in the U.S. and Canada, and Obela in Australia, New Zealand, and Mexico [2] - The acquisition allows PepsiCo to enhance its portfolio in the fresh dips category, which it has been focusing on for over 15 years, with Sabra being a leading hummus brand generating nearly $400 million in retail sales in the U.S. [3][4] Strategic Intent - The CEO of PepsiCo Foods North America emphasized the company's aim to evolve its food portfolio to provide more nutritious and simple food options, particularly in the refrigerated dips and spreads segment [4] - The transaction is expected to close by the end of 2024, subject to customary closing conditions [4] Financial Context - PepsiCo generated over $91 billion in net revenue in 2023, supported by a diverse portfolio of beverages and convenient foods [5] - The company aims to be a global leader in beverages and convenient foods through its strategic transformation initiative, pep+ [6]
Center for Employment Opportunities Denver Named a Top 100 Nonprofit in North America, Awarded PepsiCo Foundation Community Impact Award
Prnewswire· 2024-11-21 22:22
DENVER, Nov. 21, 2024 /PRNewswire/ -- The Center for Employment Opportunities (CEO) has been awarded one of PepsiCo Foundation's 2024 Community Impact Awards. The PepsiCo Foundation is the philanthropic arm of PepsiCo, Inc. (NASDAQ: PEP), one of the world's leading food and beverage companies. The program supports local communities by offering resources for employment services to justice-impacted job seekers.CEO Denver is one of 100 public charities and organizations across the United States and Canada to r ...
PepsiCo: Loading Up 3.4% Dividend
Seeking Alpha· 2024-11-20 10:24
PepsiCo (NASDAQ: PEP ) stock has taken some significant hits recently, dropping 10% in a month and now standing 20% below its all-time high. Over these past weeks, I have added to my existing Pepsi position on several occasions. This article will outline my investment case for "Business valuation is an art, not a science," claim some. However, in my Bachelor's and Master's studies, I have successfully engaged in the scientific examination of valuation and capital investment. Thanks to a cumulative four-year ...
1 Dividend King at a 52-Week Low and Another at a 52-Week High to Buy Now
The Motley Fool· 2024-11-20 09:23
Walmart and Pepsi are moving in opposite directions but could both be worth a closer look.Dividend Kings are an elite group of companies that have paid and raised their dividends for at least 50 consecutive years. Notable members include Coca-Cola, Procter & Gamble, and Johnson & Johnson -- companies known for their slow and steady growth rather than market-beating returns.Walmart (WMT 3.00%) has been a standout among Dividend Kings -- with a 60.3% year-to-date (YTD) return. Meanwhile, PepsiCo (PEP -1.02%) ...
Simple Dividend Model Says PepsiCo Is Better Value Than Coke
Seeking Alpha· 2024-11-19 07:00
Jonathan Knowles 1. In my recently released book, The Hidden Power of Rising Dividends, I described my 40-year journey into finding methods of valuing stocks. 2. In a recent post, I showed mathematical valuations of Coke (KO) and ...
One Stock I've Been Buying This Month And One I'm Looking To Buy
Seeking Alpha· 2024-11-15 12:10
With Donald Trump re-elected for a second term, the stock market has rallied. Particularly, companies in the financial and technology sectors have benefitted, seeing their share prices rise to new 52-week highs.Contributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due dili ...