Billionaire entrepreneur Richard Branson disclosed his most significant business failure- Virgin Cola– and the crucial lesson it imparted in a recent podcast. What Happened: Branson, the founder of the Virgin Group, revealed on the ‘Work-Life With Adam Grant’ podcast that the failure of Virgin Cola, a soda launched by his company in 1994, taught him a valuable lesson. Despite initial success in the U.K., the product failed to maintain its position, particularly in the U.S. market, leading to its eventual closure. Branson shared that the failure of Virgin Cola, which was intended to challenge industry giants Coca-Cola (NYSE:KO) and Pepsi (NASDAQ:PEP), taught him the importance of seein

Barclays analyst Lauren Lieberman maintains PepsiCo (NASDAQ:PEP) with a Overweight and raises the price target from $179 to $187.

PepsiCo Inc. (NASDAQ:PEP) has signed a long-term partnership deal with Yara International ASA to equip farmers with advanced crop nutrition programs and decarbonize the food value chain across Europe. The collaboration will provide farmers with best-in-class crop nutrition products, precision farming digital tools, and expert advice to improve nutrient use efficiency, boost yields, and reduce the carbon footprint of their crops, the company claims. As part of this partnership, Yara will supply PepsiCo with up to 165,000 tons of fertilizer annually, covering about 25% of their crop fertilizer needs in Europe by 2030. These fertilizers will include Yara Climate Choice fertilizers, whi

Celsius Holdings, Inc. (NASDAQ:CELH) shares are trading marginally higher today after falling over 10% yesterday. According to Benzinga Pro, CELH stock has gained over 3.9% in the past year. Investors can gain exposure to the stock via BNY Mellon Innovators ETF (NASDAQ:BKIV) and Invesco S&P MidCap 400? GARP ETF (NYSE:GRPM). Yesterday, TD Cowen analyst Vivien Azer maintained Celsius Holdings with a Buy rating, lowering the price target from $85 to $68. In an article, the Wall Street Journal recently cautioned how companies like Celsius are misleading customers about being a part of their “fit lifestyle” that claims to have health benefits.  Also Read: Elon Musk Confirms Delay In T

Celsius Holdings Inc (NASDAQ:CELH) shares are trading lower Monday, adding to significant losses over the past two months. Here’s a look at what’s going on. What To Know: Celsius stock has been stuck in a downtrend since Nielsen data from May showed that the company’s sales growth and market share were moving in the wrong direction. Morgan Stanley warned at the time that tough sales comparisons over the coming quarters could lead to a change in sentiment in Celsius Holdings stock. Multiple analysts have weighed in on the stock since with several of them pointing to an inventory reduction from PepsiCo Inc (NASDAQ:PEP). Here's a look at all of the analyst updates over the past month:

Major U.S. banks have cautioned in their second-quarter results that lower-income customers are experiencing financial strain just months ahead of the presidential election. JPMorgan Chase & Co. (NYSE:JPM), Citigroup Inc (NYSE:C), Wells Fargo & Co (NYSE:WFC), and Bank Of New York Mellon Corporation (BNY) (NYSE:BK) highlighted concerns over reduced savings and increased costs among consumers, reported The Financial Times. Government stimulus programs during the COVID-19 pandemic initially shielded Americans from inflation, but as households have depleted these funds, the state of consumer financial stability could significantly impact November’s presidential election outcome. Consume

Morgan Stanley analyst Dara Mohsenian maintains PepsiCo (NASDAQ:PEP) with a Overweight and lowers the price target from $190 to $185.

PepsiCo Inc (NASDAQ:PEP) reported worse-than-expected second-quarter FY24 revenue on Thursday. The company reported second-quarter sales growth of 0.8% year-on-year to $22.501 billion, missing the analyst consensus estimate of $22.599 billion. Adjusted EPS of $2.28 beat the consensus estimate of $2.16, according to data from Benzinga Pro. Chairman and CEO Ramon Laguarta, said, "During the second quarter, our business delivered net revenue growth, strong gross and operating margin expansion and double-digit EPS growth, remaining agile despite facing difficult net revenue growth comparisons versus the prior year, subdued category performance within North America convenient foods and the

Barclays analyst Lauren Lieberman maintains PepsiCo (NASDAQ:PEP) with a Overweight and lowers the price target from $180 to $179.

JP Morgan analyst Andrea Teixeira maintains PepsiCo (NASDAQ:PEP) with a Neutral and lowers the price target from $184 to $182.

Assumes Role of Audit Committee Chair Guayakí Yerba Mate, the category leader in yerba mate, is pleased to announce the appointment of industry veteran Hari Avula to its Board of Directors. Avula joins the Board to lead its Audit Committee and brings extensive experience from having served in influential, leadership roles within global consumer, retail and healthcare services businesses. He was chief financial and strategic officer of Clif Bar & Company until it was acquired by Mondelēz International, Inc. Previously, he served in senior finance and transformation roles at Walgreens Boots Alliance Inc., and before this spent over 22 years with PepsiCo, Inc. (NASDAQ:PEP) in various financi

The brand is highlighting trailblazers on and off the field, headlined by the newest football stars joining its elite athlete roster – Lamar Jackson, Justin Jefferson, Puka Nacua and Diana Flores – and a capsule collab with fashion designer Kristin Juszczyk CHICAGO, Sept. 4, 2024 /PRNewswire/ -- Gatorade, the world's most superior sports drink, has spent nearly 60 years fueling the sport of football on and off the field. As the NFL kicks off another monumental year, Gatorade is continuing to help shape the game. From the rise of women's impact on the sport and the growing spotlight on flag football, to the new era of athlete individualism, football is changing – and Gatorade is using its lat

Actress Stephanie Beatriz, and the United States Hispanic Chamber of Commerce, Join This Year's Campaign to Uplift Jefa-Owned Small Businesses on National Latina Day; PepsiCo Juntos Crecemos Commits $440,000 to Support Women Founders in Food and Beverage Industry  PURCHASE, N.Y., Aug. 20, 2024 /PRNewswire/ -- Latina small business owners are the embodiment of the modern-day American dream, ambitious and entrepreneurial. In celebration of National Latina Day, today PepsiCo Juntos Crecemos (Together We Grow) launched year three of its signature Jefa-Owned (owned by a Latina boss) campaign to recognize the economic, cultural, and community contributions of Jefa-Owned businesses - particularly r

The Campaign Aims to Help Moms Engage in Real Conversations About Motherhood and Cultivate a Community as New Marias Gamesa Survey Reveals 70% of Latina Moms Feel Too Overwhelmed or Don't Have Enough Time to Ask for Support PURCHASE, N.Y., May 7, 2024 /PRNewswire/ -- Ahead of Mother's Day, the iconic Mexican cookie brand Marias Gamesa® is bringing back Cafecito con Marias Gamesa, a platform offering a virtual community of support for Latinas navigating motherhood in the U.S. This year, Marias Gamesa is partnering with parenting podcast Super Mamás to explore the topics of relationships and prioritizing personal interests after the brand's recent survey revealed Latina moms aren't leaning on

As an Official Partner of the Association of Pickleball Players, The Quaker Oats Company is committed to helping fuel the pickleball community through nourishing recipes and fun pickleball pop-ups around the country CHICAGO, May 1, 2024 /PRNewswire/ -- This summer, Quaker is serving up the Quaker Pickleball Academy – a new series of free pickleball pop-up events that invites players of all levels to step into the "kitchen." The Quaker Pickleball Academy will give players the opportunity to join free skills and drills sessions to help take their game to the next level. Players can also enjoy delicious and nutritious recipes from Quaker as they prepare to volley, dink and serve on the court in

The star takes center stage in upcoming football campaign as Pepsi® continues to unlock enjoyment for fansJack joins Pepsi's star-studded group of global brand ambassadors, including Vini Jr., Son Heung-min and Leah WilliamsonLONDON, April 26, 2024 /PRNewswire/ -- Pepsi has today unveiled the signing of its latest global brand ambassador, Jack Grealish, on a multi-year deal. Jack will take centre stage in Pepsi's soon-to-be-announced global football campaign. The campaign will build on Pepsi's signature approach to football by creating unexpected and unrivalled football experi

NBA superstar Jamal Murray joins Cheetos to spotlight the mischievous mishaps that happen in real life when snackers' dominant hands are covered in Cheetle dust PLANO, Texas, April 15, 2024 /PRNewswire/ -- Ninety-nine percent of people eat Cheetos® with their dominant hand, which means they need to live their life using their Other Hand... even if things get a little messy. Now, Cheetos officially celebrates those Cheetos lovers who have committed their dominant hand to solely eating their favorite snack with the launch of the Other Hand campaign. Through a series of new digital spots, advertising stunts and a partnership with 2023 NBA Champion and Cheetos fan Jamal Murray, the brand shows

The Frito-Lay Variety Packs' campaign with Hasbro celebrates moments of connection in new TV spots and a game experience that gives players a chance to win daily prizes. PLANO, Texas, April 1, 2024 /PRNewswire/ -- Frito-Lay® Variety Packs has teamed up with leading toy and game company Hasbro to show families how Frito-Lay snacks can add more joy to their snacking occasions and bring everyone together. As two brands dedicated to inspiring fun each day, Frito-Lay Variety Packs' and Hasbro's new campaign bring its iconic snacks and gaming experiences to life like never before and offers families a chance to win a $1,000 game chest. Now airing on TV, digital and so

Presented by Frito-Lay, Quaker, and the PepsiCo Foundation, Super Bowl LVIII's Largest Philanthropic Event Supports GENYOUth's Mission to Help Tackle Youth Hunger Nutrition Grant Opportunity Opens for U.S. Schools NEW YORK, March 21, 2024 /PRNewswire/ -- GENYOUth, the national nonprofit organization founded by America's dairy farmers and the NFL to help ensure students are well-nourished and active to be their best selves, announced today that the collective impact of the 2024 Taste of the NFL philanthropic event totaled $2.0 million. These funds, the largest raised by a Taste of the NFL event since its founding in 1992, will benefit 1,000 schools and 550,000 students by increasing access

PURCHASE, N.Y., Jan. 18, 2024 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) today announced that Kirk Tanner, CEO of the company's North America beverage business will retire on February 2.  Ram Krishnan is appointed as the CEO for PepsiCo Beverages North America.  Tanner retires from PepsiCo after 32 years of service to the company. He joined the company in 1992 and has held several leadership roles across sales, operations, customer marketing, distribution, and channel development working in many U.S. and international locations. He assumed the role of CEO for PepsiCo Beverage

PURCHASE, N.Y., Nov. 19, 2024 /PRNewswire/ -- The Board of Directors of PepsiCo, Inc. (NASDAQ:PEP) today declared a quarterly dividend of $1.355 per share of PepsiCo common stock, a 7 percent increase versus the comparable year-earlier period. Today's action is consistent with PepsiCo's previously announced increase in its annualized dividend to $5.42 per share from $5.06 per share, which began with the June 2024 payment. This dividend is payable on January 6, 2025 to shareholders of record at the close of business on December 6, 2024. PepsiCo has paid consecutive quarterly cash dividends since 1965, and 2024 marked the company's 52nd consecutive annual dividend increase.

PURCHASE, N.Y., July 25, 2024 /PRNewswire/ -- The Board of Directors of PepsiCo, Inc. (NASDAQ:PEP) today declared a quarterly dividend of $1.355 per share of PepsiCo common stock, a 7 percent increase versus the comparable year-earlier period. Today's action is consistent with PepsiCo's previously announced increase in its annualized dividend to $5.42 per share from $5.06 per share, which began with the June 2024 payment. This dividend is payable on September 30, 2024 to shareholders of record at the close of business on September 6, 2024. PepsiCo has paid consecutive quarterly cash dividends since 1965, and 2024 marked the company's 52nd consecutive annual dividend increase.

PURCHASE, N.Y., April 30, 2024 /PRNewswire/ -- The Board of Directors of PepsiCo, Inc. (NASDAQ:PEP) today declared a quarterly dividend of $1.355 per share of PepsiCo common stock, a 7 percent increase versus the comparable year-earlier period. Today's action is consistent with PepsiCo's previously announced increase in its annualized dividend to $5.42 per share from $5.06 per share, which will begin with the June 2024 payment. This dividend is payable on June 28, 2024 to shareholders of record at the close of business on June 7, 2024. PepsiCo has paid consecutive quarterly cash dividends since 1965, and 2024 marked the company's 52nd consecutive annual dividend increase.

PURCHASE, N.Y., Feb. 7, 2024 /PRNewswire/ -- The Board of Directors of PepsiCo, Inc. (NASDAQ:PEP) today declared a quarterly dividend of $1.265 per share of PepsiCo common stock, a 10 percent increase versus the comparable year-earlier period. Today's action is consistent with PepsiCo's previously announced increase in its annualized dividend to $5.06 per share from $4.60 per share, which began with the June 2023 payment. This dividend is payable on April 1, 2024 to shareholders of record at the close of business on March 1, 2024. PepsiCo has paid consecutive quarterly cash dividends since 1965, and 2023 marked the company's 51st consecutive annual dividend increase.

PURCHASE, N.Y., Nov. 16, 2023 /PRNewswire/ -- The Board of Directors of PepsiCo, Inc. (NASDAQ:PEP) today declared a quarterly dividend of $1.265 per share of PepsiCo common stock, a 10 percent increase versus the comparable year-earlier period. Today's action is consistent with PepsiCo's previously announced increase in its annualized dividend to $5.06 per share from $4.60 per share, which began with the June 2023 payment. This dividend is payable on January 5, 2024 to shareholders of record at the close of business on December 1, 2023. PepsiCo has paid consecutive quarterly cash dividends since 1965, and 2023 marked the company's 51st consecutive annual dividend increase.

Seth Kaufman joined VWE as President and CEO on October 30, 2023, and brings extensive leadership experience from large consumer-oriented brand enterprises including his most recent role as President & CEO of Moët Hennessy Vintage Wine Estates, Inc. (NASDAQ:VWE) ("VWE" or the "Company"), one of the fastest-growing wine producers in the U.S. with an industry leading direct-to-customer platform, announced today that Seth Kaufman, President and CEO, completed his first week at VWE having joined the Company on October 30, 2023. For the last four years, Mr. Kaufman has been President & CEO of Moët Hennessy North America, the $2.5 billion North American wine & spirits business of LVMH (ENXTPA:

PURCHASE, N.Y., July 20, 2023 /PRNewswire/ -- The Board of Directors of PepsiCo, Inc. (NASDAQ:PEP) today declared a quarterly dividend of $1.265 per share of PepsiCo common stock, a 10 percent increase versus the comparable year-earlier period. Today's action is consistent with PepsiCo's previously announced increase in its annualized dividend to $5.06 per share from $4.60 per share, which began with the June 2023 payment. This dividend is payable on September 29, 2023 to shareholders of record at the close of business on September 1, 2023. PepsiCo has paid consecutive quarterly cash dividends since 1965, and 2023 marked the company's 51st consecutive annual dividend increase.

PURCHASE, N.Y., May 2, 2023 /PRNewswire/ -- The Board of Directors of PepsiCo, Inc. (NASDAQ:PEP) today declared a quarterly dividend of $1.265 per share of PepsiCo common stock, a 10 percent increase versus the comparable year-earlier period. Today's action is consistent with PepsiCo's previously announced increase in its annualized dividend to $5.06 per share from $4.60 per share, which will begin with the June 2023 payment. This dividend is payable on June 30, 2023 to shareholders of record at the close of business on June 2, 2023. PepsiCo has paid consecutive quarterly cash dividends since 1965, and 2023 marks the company's 51st consecutive annual dividend increase.

PURCHASE, N.Y., Feb. 1, 2023 /PRNewswire/ -- The Board of Directors of PepsiCo, Inc. (NASDAQ:PEP) today declared a quarterly dividend of $1.15 per share of PepsiCo common stock, a 7 percent increase versus the comparable year-earlier period. Today's action is consistent with PepsiCo's previously announced increase in its annualized dividend to $4.60 per share from $4.30 per share, which began with the June 2022 payment. This dividend is payable on March 31, 2023 to shareholders of record at the close of business on March 3, 2023. PepsiCo has paid consecutive quarterly cash dividends since 1965, and 2022 marked the company's 50th consecutive annual dividend increase.

PURCHASE, N.Y., Nov. 17, 2022 /PRNewswire/ -- The Board of Directors of PepsiCo, Inc. (NASDAQ:PEP) today declared a quarterly dividend of $1.15 per share of PepsiCo common stock, a 7 percent increase versus the comparable year-earlier period. Today's action is consistent with PepsiCo's previously announced increase in its annualized dividend to $4.60 per share from $4.30 per share, which began with the June 2022 payment. This dividend is payable on January 6, 2023 to shareholders of record at the close of business on December 2, 2022. PepsiCo has paid consecutive quarterly cash dividends since 1965, and 2022 marked the company's 50th consecutive annual dividend increase.