Pepsico And Conagra Plan To Battle Rising Costs With Higher Prices

PepsiCo and Conagra Brands said Tuesday they plan to pass along higher input costs to customers as inflation accelerates.

 

Pepsico Raises Forecast After Earnings Crush Estimates, Fueled By Returning Restaurant Demand

PepsiCo reported that its quarterly revenue rose more than 20% from a year earlier as restaurant demand for its drinks returned, fueling an earnings beat.

 

Starbucks Ceo Denies Reports Of Shortages In Cups And Coffee

While Starbucks is seeing challenges in bakery items, the coffee chain is feeling no constraints in its cup and coffee supplies, CEO Kevin Johnson said.

 

Diageo Becomes First Spirits Company To Sign Sponsorship Deal With Nfl

Smirnoff Vodka owner Diageo has signed a multiyear deal with the NFL to become the league's first spirits sponsor.

 
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Budweiser And Other Brands Are Urging People To Get The Covid Vaccine So We Can Return To Normal

Budweiser, Google, Walgreens and other companies have launched ad campaigns to encourage consumers to get the vaccine.

 

Starbucks To Test Cold Pressed Espresso As Cold Drink Sales Overtake Hot Beverages

Starbucks CEO Kevin Johnson said that more than half of the drinks sold by the coffee chain are cold, not hot.

 
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Pepsico Unveils New Line Of Mountain Dew Energy Drinks With Lebron James’ Endorsement

PepsiCo's new Mtn Dew Rise Energy line is meant to compete in the energy drink category and draw in consumers who usually stick to coffee or juice.

 

Pepsi Says Revenue Jumped 8.8%, Sees 2021 Results Meeting Long-term Targets

Pepsi is anticipating mid-single-digit growth in organic revenue for 2021 and high-single-digit growth in core earnings per share.

 
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Starbucks Tops Earnings Estimates Even As U.s. Recovery Hurt By Covid Resurgence

Shares of Starbucks have risen 13% over the last year, giving the company a market value of $123 billion.

 

Beyond Meat Shares Soar 26% As Company Teams Up With Pepsico To Make Plant-based Snacks And Drinks

Beyond Meat and PepsiCo announced Tuesday that they've formed a joint venture to create, produce and market snacks and drinks with plant-based substitutes.

 
 
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