PepsiCo Net Worth is6.7 12-Month Sales Growth (%)
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deserves the money?
Rating: 3.5/5 (12 votes cast)
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Rating: 3.3/5 (12 votes cast)
Type: Public
Traded As: PEP, S&P 500
Industry: Beverages
Foundation: North Carolina, U.S. (1965)
Founder: Donald M. Kendall, Herman Lay
Location: Purchase, New York, U.S.
Area Served: Worldwide
Key People: Indra Nooyi, (Chairman & CEO) Products: #Products and brands
Revenue: url
Operating Income: 09.633 billion (2011) Net Income: 06.462 billion (2011) Assets: equity
Num Employees: 297,000 (2011) Subsid: List of assets owned by PepsiCo
Homepage: http://www.pepsico.com//PepsiCo.com
PepsiCo Inc. is an American multinational food and beverage corporation headquartered in Purchase, New York, United States, with interests in the manufacturing, marketing and distribution of grain-based snack foods, beverages, and other products. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Inc. PepsiCo has since expanded from its namesake product Pepsi to a broader range of food and beverage brands, the largest of which include an acquisition of Tropicana in 1998 and a merger with Quaker Oats in 2001a??which added the Gatorade brand to its portfolio.
As of January 2012, 22 of PepsiCo's product lines generated retail sales of more than $1 billion each, and the company's products were distributed across more than 200 countries, resulting in annual net revenues of $43.3 billion. Based on net revenue, PepsiCo is the second largest food & beverage business in the world. Within North America, PepsiCo is ranked (by net revenue) as the largest food and beverage business.
Indra Krishnamurthy Nooyi has been the chief executive of PepsiCo since 2006, and the company employed approximately 297,000 people worldwide as of 2011. The company's beverage distribution and bottling is conducted by PepsiCo as well as by licensed bottlers in certain regions. PepsiCo is a SIC 2080 (beverage) company.
The recipe for Pepsi, the soft drink, was first developed in the 1880s by a New Bern, North Carolina pharmacist and industrialist, Caleb Bradham, who named it "Pepsi-Cola" in 1898. As the cola developed in popularity, he created the Pepsi-Cola Company in 1902 and registered a patent for his recipe in 1903. The Pepsi-Cola Company was first incorporated in the state of Delaware in 1919. The company went bankrupt in 1931 and on June 8 of that year the trademark and syrup recipe was bought by Charles Guth who owned a syrup manufacturing business in Baltimore, Maryland. Guth was also the president of Loft, Incorporated, a leading candy manufacturer

PepsiCo Net Worth, 3.5 out of 5 based on 12 ratings

PepsiCo Latest News

Pepsico (PEP) Up 2.8% Since Earnings Report: Can It Continue?

It has been about a month since the last earnings report for Pepsico, Inc. PEP. Shares have added about 2.8% in that time frame, outperforming the market. Will the recent positive trend continue leading up to the stock's next earnings release, or is it due ...
Posted: March 21, 2017, 5:02 am

Pepsi pulls 6-packs, 2-liter bottles from Philadelphia stores, blames beverage tax

PepsiCo says it will stop selling six-packs and 2-liter bottles in Philadelphia, and they're blaming this drastic change on the city's new beverage tax. Shoppers we spoke with on Tuesday don't blame them. "I will not buy anything with it for it.
Posted: March 22, 2017, 9:02 am

Soda Tax Wars: PepsiCo, Inc. to Stop Selling Certain Size Sodas in Philadelphia

PepsiCo, Inc. (NYSE:PEP) is going to stop selling certain sizes of soda in Philadelphia due to its tax on the drinks. PepsiCo, Inc. is reportedly planning to stop selling its 2-liter bottles and 12 packs on the city. Instead, the company will start pushing ...
Posted: March 22, 2017, 6:06 pm
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