PepsiCo Inc Updates
PepsiCo Inc, a leading food and beverage company, has provided updates on its recent developments.
Gatorade Lawsuit Settlement PepsiCo’s Gatorade unit has successfully defended itself against a lawsuit filed by a former world champion sprinter. The lawsuit claimed that the company’s “recovery gummies” contained a performance-enhancing drug. The outcome of this lawsuit is a positive development for PepsiCo.
Artificial Ingredient Removal PepsiCo has announced plans to remove artificial ingredients from its popular food items, including Lay’s and Tostitos, by the end of 2025. This move aims to improve the quality and appeal of its products.
Guidance Revision The company has revised its guidance for the year, citing tariffs and slowing economic conditions. This revision has raised concerns about the company’s dividend.
Stock Price Analysis Some analysts believe that PepsiCo’s stock price is undervalued and that it is a good time to buy. However, the company’s recent guidance revision has tempered expectations.
Key Dates
- End of 2025: Artificial ingredients removal from Lay’s and Tostitos
- Current: Ongoing impact of tariffs and slowing economic conditions on PepsiCo’s guidance