After 10 years in business, the Garza family sold their company Siete Foods to PepsiCo (NASDAQ: PEP) for a cool $1.2 billion. The deal for Siete was announced back in October but closed this January.
Looking ahead to fiscal year 2026, Evercore ISI projects an EPS growth of roughly 7% to $9.10. This forecast is based on a price-to-earnings (P/E) ratio of 19x, down from the previous 20.5x, factoring in the aforementioned political and category risks.
The Federal Trade Commission on Friday filed a lawsuit against PepsiCo, Inc., alleging the company engaged in illegal price discrimination by giving an unnamed "large, big box" retailer unfair pricing advantages, while raising prices for others.
The FTC is suing PepsiCo for allegedly rigging the market by offering “unfair pricing advantages” that can contribute to inflation.
The Federal Trade Commission sued PepsiCo on Friday for offering preferential pricing to a large retailer, whom a source familiar with the matter confirmed was Walmart. The practices fed high ...
Pepsi denied the allegations and said the FTC’s lawsuit is wrong, both factually and legally. “PepsiCo strongly disputes the FTC’s allegations, and the partisan manner in which the suit was filed. We will vigorously present our case in court,” the ...
The Pepsi lawsuit brings new scrutiny to Walmart's power to use its scale to extract cheaper prices. It also shines a spotlight on PepsiCo's own power as the owner of numerous soft-drink brands, including Gatorade, Mountain Dew, Lipton and Bubly.
PepsiCo most obviously makes Pepsi, the cola. But its beverage business is much larger than just that one brand. It is, all in, the No. 2 beverage company behind Coca-Cola in the United States (as ...
A lawsuit filed by the Federal Trade Commission alleges that food and beverage maker PepsiCo engaged in illegal price discrimination by giving unfair price advantages to one big-box retailer.
A substantial portion of the FTC’s allegations were redacted in the complaint due to the legal protections afforded to both PepsiCo and the retailer, according to the FTC.
Piper Sandler analyst Michael Lavery maintained a Buy rating on PepsiCo (PEP – Research Report) today and set a price target of $171.00. The
The fest will include a "Super Bowl Boil" crowning the city's top seafood boil, and a pop-up with custom Pepsi flavors.