Keurig Dr Pepper selects CEO for coffee company spinoff
Keurig Dr Pepper has appointed Russ Torres, current president and chief operating officer of Kimberly-Clark Corp., as the CEO of Global Coffee Co., the entity to be spun off from KDP. Torres will oversee the integration of coffee operations for KDP and JDE Peet’s and is expected to lead Global Coffee Co. after the separation in early 2027. The new company is projected to generate $16 billion in annual revenue and employ over 25,000 people across more than 100 markets.
Tootsie Roll Industries Inc. Research & Ratings | TR
This article provides research and ratings for Tootsie Roll Industries Inc. (TR), including analyst ratings, stock grader ratings, and financial data such as market value, EPS, P/E ratio, and dividend yield. It also lists yearly and quarterly earnings estimates and compares TR to its peers in the confectionery industry.
Keurig Dr Pepper Names CEO for Future Coffee Co. Spinoff
Keurig Dr Pepper has appointed Russ Torres, current president and COO of Kimberly-Clark Corp., as the CEO of its future "Global Coffee Co." spinoff. This separation is targeted for early 2027, with Torres joining KDP on November 3, 2026, to lead the integration of KDP’s and JDE Peet’s coffee operations. The new coffee company is projected to generate $16 billion in annual revenue and employ over 25,000 people across more than 100 markets.
Keurig Dr Pepper Taps New Head for Global Coffee Co., Russ Torres
Keurig Dr Pepper (KDP) has appointed Russ Torres, previously Kimberly-Clark's President and COO, to lead its new global coffee business, Global Coffee Co., ahead of a planned corporate split in early 2027. Torres will oversee the integration of KDP's existing coffee operations with JDE Peet’s, with the coffee company projected to generate $16 billion in annual revenue. This appointment follows two previous executive leadership changes for the coffee unit since the JDE Peet’s acquisition announcement in August 2025.
Keurig Dr Pepper Names Russ Torres CEO of Future Global Coffee Co.
Keurig Dr Pepper (KDP) has appointed Russ Torres as CEO of its future Global Coffee Co., a new entity formed by combining KDP’s coffee operations with JDE Peet’s. Torres will lead the integration and strategic development of the standalone company, which is expected to launch in early 2027 with approximately $16 billion in annual revenue. This appointment is a crucial step in KDP's plan to create a global, pure-play coffee company, leveraging Torres's extensive experience in consumer products and brand management.
Keurig Dr Pepper names a CEO for the coffee business ahead of the business split (KDP:NASDAQ)
Keurig Dr Pepper (KDP) has appointed Russ Torres as the CEO of its upcoming Global Coffee Co., effective November 3. Torres will initially lead the coffee operations and supervise the integration of KDP's and JDE Peet's coffee businesses in preparation for the planned business split.
Keurig Dr Pepper names Russ Torres CEO of coffee unit
Keurig Dr Pepper Inc. (KDP) has appointed Russ Torres as the CEO of its future Global Coffee Co. Torres will join KDP on November 3 and will lead the integration of KDP's and JDE Peet's coffee operations, reporting to KDP CEO Tim Cofer. The planned separation of Global Coffee Co. is targeted for early 2027 and is expected to generate approximately $16 billion in annual revenue.
Keurig Dr Pepper Names Russ Torres Chief Executive Officer of Future Global Coffee Co.
Keurig Dr Pepper has appointed Russ Torres as the Chief Executive Officer of its future Global Coffee Co. Torres, previously President and COO of Kimberly-Clark, will join KDP on November 3, 2026, to lead the integration of KDP's and JDE Peet's coffee operations ahead of the planned separation into a standalone entity by early 2027. The new Global Coffee Co. is projected to generate approximately $16 billion in annual revenue and encompass iconic brands like Keurig, Peet's, L'OR, Jacobs, and Green Mountain Coffee Roasters.
Hershey’s candy without artificial dyes hitting the market early next year
Hershey's will begin rolling out candies made without artificial dyes starting early next year, following an announcement in 2025 to update their recipes. The change, prompted by a push from the Trump administration and state laws, will see natural color sources like fruits and vegetables replace artificial dyes. Core sweets and refreshment brands, including Ice Breakers, Jolly Rancher, Twizzlers, Sour Strips, and Reese’s Pieces, will transition through 2027, with no anticipated product shortages.
Philip Morris International Inc. (PM) latest stock news and headlines
This article provides the latest news and headlines for Philip Morris International Inc. (PM), including its current stock price, dividend information, and recent news articles from various financial publications. It also presents a performance overview comparing PM's returns against the S&P 500 over different periods.
PepsiCo Walks a Tightrope: Dividend Growth Meets Operating Cash Flow Squeeze
PepsiCo has increased its dividend despite a significant drop in reported net income, driven by non-cash write-downs rather than a decline in core operating cash flow. While the company's free cash flow yield closely matches its dividend yield, indicating a thin buffer, strong core EPS growth and international momentum are expected to support future payouts. Investors are advised to monitor operating cash flow and the 80% free cash flow conversion target for future dividend safety.
The Zacks Analyst Blog Highlights Coca-Cola, Philip Morris, Mondelez and Dole
Amid rising inflation, interest rate hike fears, and declining consumer sentiment, Zacks Equity Research recommends four low-beta defensive stocks from the consumer staples sector: Coca-Cola Co. (KO), Philip Morris International Inc. (PM), Mondelez International, Inc. (MDLZ), and Dole plc (DOLE). These companies are highlighted for their strong market positions, growth strategies, and attractive financial metrics, offering stability in a volatile market. The report details each company's strengths and expected earnings growth, suggesting them as favorable investments.
The new consumer equation: nutrient density, value and fun
Today's consumers demand nutrient density, value, and fun from their food, pushing manufacturers and retailers to offer products that provide enjoyment and unique experiences beyond basic health benefits and price. Executives from Target, Chobani, and Hormel Foods discussed the importance of "accessible wellness" and how aspects like cultural relevance, limited-edition releases, and strategic splurging are reshaping grocery aisles. The article highlights that while health claims proliferate, the "fun filter" is becoming a primary differentiator, especially as consumers become more discerning about cost and calories.
Reflecting On Shelf-Stable Food Stocks’ Q2 Earnings: Kraft Heinz (NASDAQ:KHC)
This article reviews the Q2 earnings for several shelf-stable food stocks, focusing on Kraft Heinz (NASDAQ:KHC). It highlights that while the overall sector saw revenues beat estimates, next quarter's guidance was weaker, leading to an average stock decline of 11.8%. Kraft Heinz specifically beat revenue expectations but missed organic revenue and gross margin estimates, resulting in an 11.1% stock drop. The article also touches upon the best performer, J.M. Smucker, and the weakest, BellRing Brands, along with Simply Good Foods and Mondelez.
Hershey vs. Mondelez: Same Cocoa Problem, Two Very Different Dividends
This article compares Hershey (HSY) and Mondelez (MDLZ) as investment options for retirement-focused investors, especially considering their dividends amidst rising cocoa costs. Despite facing the same cocoa cost pressures, Mondelez is presented as the stronger dividend stock due to its higher yield, better free cash flow coverage, consistent dividend growth, and diversified global market presence. Hershey's dividend raises paused during the cocoa price squeeze, and its performance has lagged Mondelez's year-to-date, though Hershey offers a higher long-term total return.
McCormick & Co Inc (MKC) Stock Price, Quote, News & History
This article provides a detailed overview of McCormick & Co Inc (MKC) stock, including its current price, key statistics, recent news, and financial data. It highlights upcoming Q3 2026 earnings, analyst forecasts, and the company's position in the consumer staples sector. The content also covers various financial metrics, valuation, and debt information.
Growth by acquisition: 5 megadeals transforming food and drink
This article examines five major M&A deals in the food and beverage industry, highlighting how large corporations are utilizing acquisitions to expand their market share, enter new categories, and achieve strategic growth. Key deals include Mars' acquisition of Kellanova for snacking dominance, Keurig Dr Pepper's expansion in coffee with JDE Peet's, McCormick's bid for Unilever's food division, Ferrero's purchase of WK Kellogg Co to revitalize cereals, and Danone's move into functional nutrition in APAC with MADE Group. These acquisitions demonstrate a consistent strategy of growth through consolidation and diversification in the competitive food and drink landscape.
Keurig Dr Pepper Inc. (KDP) Stock Price, News, Quote & History
This article provides a detailed financial overview of Keurig Dr Pepper Inc. (KDP), including its stock price, historical data, and key financial metrics. It highlights the company's recent dividend announcement, stock performance over various periods, and analyst ratings. The overview also details KDP's business segments, its extensive portfolio of beverage brands, and its market distribution channels.
PepsiCo’s Indra Nooyi latest high-profile female CEO to exit
Indra Nooyi is stepping down as CEO of PepsiCo after 12 years, making her the latest high-profile female CEO to exit a Fortune 500 company. Her departure comes during a period of significant change within the food industry, which has seen other female CEOs from companies like Mondelez and Campbell also step down recently. Ramon Laguarta will succeed Nooyi as CEO in October, continuing the company's tradition of internal promotions for the top leadership role.
Mondelez International, Inc. Class A Actuals & Estimates (BCS:MDLZCL0)
This article provides an overview of Mondelez International, Inc. Class A (MDLZCL0) stock, including financial actuals and analyst estimates. It covers key financial metrics like earnings, revenue, net income, and dividends, along with future price forecasts and employee information. The company's next earnings report is scheduled for November 3, 2026.
Mondelez International stock holds steady as valuation and dividend come into focus
Mondelez International (MDLZ) stock traded around USD 61.80 in mid-September 2026, with investors assessing its valuation and dividend yield. The company's forward price-to-earnings ratio of 19.3 times places it in a moderate valuation range compared to other S&P 500 consumer staples, reflecting expectations of steady growth. Despite being below its 52-week high, the stock's earnings record and dividend yield provide support for investors.
3M, Keurig Dr Pepper, Dole, J.M. Smucker & Others Reshape Executive Teams
This article details recent executive team changes across several major consumer goods companies, including 3M, Keurig Dr Pepper, Dole, and J.M. Smucker. These personnel shifts reflect broader industry trends such as emerging brands hiring seasoned talent for scale, legacy companies promoting internal expertise, and a strategic focus on unifying commercial operations and strengthening supply chains. The leadership changes also highlight the growing demand for tech-focused executives to drive digital and AI transformation.
3M, Keurig Dr Pepper, Dole, J.M. Smucker & More Reshape Executive Teams
The consumer goods industry has seen significant executive team reshuffling, reflecting corporate strategies and labor trends, particularly in response to margin shifts and digital transformation. Emerging brands are recruiting experienced enterprise talent for scaling, while established companies are consolidating operations and promoting from within to streamline growth. These leadership changes highlight key trends such as leveraging legacy talent by emerging brands, internal continuity at legacy firms, efforts to break down silos, the strategic importance of supply chains, and external hiring for digital and AI transformation.
WK Kellogg supports regen ag program in UK
WK Kellogg Co has partnered with Soil Capital to launch a large-scale wheat sourcing program in the UK, aiming to help 25 British farmers adopt regenerative agricultural practices across nearly 4,000 hectares. This five-year initiative provides guidance and financial incentives, along with tools for tracking soil health and farm resilience improvements. The program supports 100% of the locally sourced wheat for Kellogg's British cereals, including Special K, and aims to strengthen the UK wheat supply chain while reducing agricultural supply chain emissions.
McCormick or Smucker: One Dividend Aristocrat Will Outrun the Other
This article compares two Dividend Aristocrats, McCormick (MKC) and J.M. Smucker (SJM), to determine which is a better investment for a retirement account. While both have similar market caps and dividend yields, McCormick is favored due to its 40-year dividend increase streak, strong business quality with high-margin flavor brands, and a more attractive valuation post-selloff. Smucker, despite strong free cash flow, faces challenges from fragile earnings, goodwill impairments, and coffee tariffs.
Nestlé, PepsiCo join forces on paper packaging push
Nestlé and PepsiCo have partnered with four other FMCG companies (Colgate-Palmolive, Mars, Procter & Gamble, and Unilever) to form the PaperFlex Consortium. This initiative, convened by the Ellen MacArthur Foundation, aims to accelerate the development of paper-based alternatives to flexible plastic packaging. The consortium will focus on creating recyclable and biodegradable solutions for markets lacking robust collection and recycling systems, addressing the current challenges of performance, scale, and cost in paper-based packaging.
Coca-Cola to spend $10B on US manufacturing by 2030
Coca-Cola and its bottlers are set to invest $10 billion in US infrastructure by 2030 to meet rising demand, encompassing new and existing production, distribution, and office facility expansions. This investment follows an independent study revealing Coca-Cola's significant economic impact, contributing $85 billion to the U.S. GDP and supporting 1 million jobs. Despite recent restructuring and layoffs, the company is focusing on growth areas like AI and emerging brands.
Walmart's Kathleen McLaughlin and SC Johnson's Fisk Johnson Named Sustainable Leaders of the Year by Retail Council of Canada
Kathleen McLaughlin of Walmart Inc. and Fisk Johnson of SC Johnson have been recognized as the first-ever Sustainable Leaders of the Year by the Retail Council of Canada. This award acknowledges their significant contributions to environmental progress, including McLaughlin's success in Walmart's Project Gigaton and Johnson's advocacy for plastic waste reduction and strong environmental policies. Their leadership has notably influenced their respective organizations and advanced the broader sustainability conversation within the retail sector.
From Maggi noodles to Thums Up: How India became dependent on cheap packaged food
India is debating the introduction of health warning labels on packaged food due to concerns over high sugar, salt, and fat content. This debate highlights India's reliance on cheap packaged foods like Nestle's Maggi noodles and Coca-Cola's Thums Up, which often have different formulations compared to versions sold in wealthier markets. The country faces a significant diabetes epidemic, partly attributed to processed foods, and the growing packaged food market, projected to reach $238.83 billion by 2034, further exacerbates these health concerns.
Michael Weber Named VP of Coffee R&D at Keurig Dr Pepper
Michael Weber has been appointed Vice President of North America R&D at Keurig Dr Pepper's coffee operating unit. He joins KDP after 24 years at Mondelez International, at a time when KDP is combining its Keurig business with JDE Peet's global coffee business to form a new, global coffee company. This new entity is expected to be spun off from KDP by the end of the year.
Third of UK government's nutrition advisers still paid by food companies, including Coca-Cola and Nestlé
A new analysis reveals that nearly a third of the UK government's nutrition advisers have significant ties to the food industry, including major companies like Coca-Cola and Nestlé. Despite updated rules stating that members of the Scientific Advisory Committee on Nutrition (SACN) should not have such conflicts of interest, six of 19 members still do. Experts are calling for these conflicted members to be removed immediately to maintain public trust and scientific integrity in policy-making.
General Mills, Mars, McKee allege sugar price collusion
General Mills, Mars Inc., and McKee Foods Corp. have filed a lawsuit alleging that two major U.S. sugar producers, American Sugar Refining and United Sugar Producers & Refiners, colluded to inflate sugar prices. The companies claim the producers shared "competitively sensitive" data through an independent market analyst, amplifying anticompetitive effects in an industry already benefiting from import restrictions. American Sugar Refining has denied the allegations, stating they are baseless and will be defended in court.
KDP Hires Mondelez Career Vet to Lead North America R&D for Coffee Business
Keurig Dr Pepper has appointed Michael Weber, a veteran from Mondelez International, to lead North America R&D for its coffee business. This move comes as KDP prepares to separate into two independent businesses by the end of 2026: a Beverage Operating Unit and a Coffee Business Operating Unit. Weber will be responsible for the innovation pipeline and value creation for the Keurig and JDE Peet's coffee portfolio, bringing extensive experience from his 24 years at Mondelez and earlier roles at Kraft Foods and Nestlé.
Rockwell Automation Announces New Cybersecurity Season of ROKStudios Video Series
Rockwell Automation has launched a new cybersecurity-focused season of its ROKStudios video series, featuring global manufacturers and cybersecurity leaders. The series explores how organizations are enhancing cyber resilience in connected operations, driven by IT/OT convergence and increasing threat activity. It highlights practical strategies for building secure industrial operations and addresses the foundational role of cybersecurity in digital transformation.
Mondelez International Inc. Class A (MDLZ) Key Financial Ratios – Valuation, Profitability & More
This article provides a detailed analysis of Mondelez International Inc. Class A (MDLZ) key financial ratios, covering valuation, profitability, growth, solvency, and operating efficiency. It presents data for TTM, annual periods, and compares MDLZ's performance against peer medians in various metrics like ROE, EBIT Margin, Revenue Growth, Debt to Equity, and P/E Ratio. The stock information includes its market cap, revenue, P/E, P/B, and dividend yield as of September 18, 2026.
Mondelez COO Luca Zaramella Executes Stock Option Exercise and Share Surrender
Mondelez International's COO, Luca Zaramella, exercised stock options for 22,570 shares of Class A Common Stock at $43.20 per share on September 2, 2026. Concurrently, he surrendered 18,695 shares at $62.45 per share to cover the exercise price and taxes. Following these transactions, Zaramella directly beneficially owned 404,013 shares, with no remaining stock options from this specific series.
Leftovers: Hershey’s fills up on fillings | Red Baron brings new spark to microwave pizza
Hershey's is introducing new Creme Bars with creamy fillings in Salted Caramel and Affogato flavors, building on its innovation in the sweets business. Red Baron is launching Crunchtime, a 10-inch microwaveable pizza designed for convenience without sacrificing quality, responding to increased consumer demand for at-home meals. Additionally, Monster's energy drink brand Flrt, targeted at women, is releasing its first flavor innovation, Apple Bottoms Up, which includes functional ingredients beyond caffeine.
Quantitative Investment Management LLC Takes Position in PepsiCo, Inc. $PEP
Quantitative Investment Management LLC has acquired a new stake in PepsiCo, Inc. (NASDAQ:PEP), purchasing 70,754 shares valued at approximately $9.58 million, making it about 1% of their portfolio. PepsiCo recently reported strong quarterly earnings, exceeding estimates with $2.20 EPS and $24.18 billion in revenue, and declared a quarterly dividend of $1.48. Despite international strength, the company faces risks such as weak North American demand, distribution restructuring, and damage to a Ukrainian facility, leading analysts to maintain a consensus "Hold" rating.
Benjamin Edwards Inc. Has $15.88 Million Position in PepsiCo, Inc. $PEP
Benjamin Edwards Inc. increased its holdings in PepsiCo, Inc. by 44.0% during the second quarter, bringing its total position to $15.88 million. Several other institutional investors also adjusted their stakes in PepsiCo. The article also provides a financial overview of PepsiCo, including its recent earnings, dividend announcement, insider activity, and recent analyst ratings.
PepsiCo, Inc. (NASDAQ:PEP) Announces $1.48 Quarterly Dividend
PepsiCo, Inc. (NASDAQ:PEP) announced a quarterly dividend of $1.48 per share, marking its 54th consecutive year of dividend increases. The dividend, payable on September 30th to shareholders of record on September 4th, represents an annualized dividend of $5.92 and a 4.2% yield. Despite some weakness in North American snacks and beverages and ongoing restructuring, the company's dividend remains well-covered by earnings, with analysts forecasting continued coverage.
Mondelēz, PepsiCo and pladis join forces for circular packaging trial
Mondelēz, PepsiCo, and pladis are collaborating on a nationwide Belgian pilot to test hidden digital watermarks in food packaging. This trial aims to improve the circularity of food packaging by enabling sorting equipment to identify packaging that previously contained food, thereby allowing for more precise recycling. The initiative is part of the HolyGrail 2030 consortium and seeks to provide real-life technical learning to meet future EU recycled content targets.
Wellington Management Group LLP Has $379.83 Million Holdings in PepsiCo, Inc. $PEP
Wellington Management Group LLP reduced its stake in PepsiCo, Inc. by 15.8% in the second quarter, now holding 2,805,255 shares valued at $379.83 million. Other institutional investors like Auto Owners Insurance Co, Norges Bank, and Bank of America Corp DE significantly increased their holdings. The article also provides PepsiCo's recent financial performance, dividend announcement, and analyst ratings, alongside news updates and an insider stock sale by EVP David Flavell.
Navellier & Associates Inc. Sells 11,790 Shares of PepsiCo, Inc. $PEP
Navellier & Associates Inc. significantly reduced its stake in PepsiCo, selling 11,790 shares and retaining 1,642 shares valued at approximately $222,000. Despite this, institutional investors still collectively own a substantial 73.07% of PEP. PepsiCo's recent quarterly results slightly surpassed expectations, and the company maintains a "Hold" consensus rating with an average price target of $157.90, though it faces risks from softer North American demand and geopolitical events.
North Star Asset Management Inc. Purchases Shares of 56,103 PepsiCo, Inc. $PEP
North Star Asset Management Inc. recently acquired 56,103 shares of PepsiCo, Inc. (NASDAQ:PEP) during the second quarter, valued at approximately $7,596,000. Other institutional investors have also adjusted their holdings in PepsiCo, reflecting ongoing interest in the company. PepsiCo reported strong earnings in its last quarter, beating analyst estimates, and has announced a quarterly dividend of $1.48 per share.
Kingsview Wealth Management LLC Purchases Shares of 58,557 PepsiCo, Inc. $PEP
Kingsview Wealth Management LLC acquired 58,557 shares of PepsiCo, Inc. (NASDAQ:PEP) during the second quarter, valued at approximately $7.9 million. Other institutional investors also adjusted their holdings, while PepsiCo reported strong quarterly earnings and declared a $1.48 quarterly dividend. Analyst ratings for PepsiCo are mixed, with a consensus "Hold" rating and an average target price of $157.90.
Rakuten Investment Management Inc. Invests $45.70 Million in PepsiCo, Inc. $PEP
Rakuten Investment Management Inc. has acquired a new stake of 329,506 shares in PepsiCo, Inc. (NASDAQ:PEP) valued at approximately $45.7 million during the second quarter. This move is part of broader institutional investor activity, with 73.07% of PepsiCo's stock now owned by institutions. Despite some positive news regarding sustainability efforts and partnerships, analysts maintain a cautious "Hold" rating, with an average target price of $157.90, amid concerns about softer North American demand and geopolitical risks.
Livforsakringsbolaget Skandia Omsesidigt Takes $3.34 Million Position in PepsiCo, Inc. $PEP
Livforsakringsbolaget Skandia Omsesidigt has acquired 24,692 shares of PepsiCo, Inc. (NASDAQ:PEP) valued at approximately $3.34 million, making it one of many institutional investors in the company. PepsiCo reported strong Q2 earnings, beating analyst estimates with $2.20 EPS and $24.18 billion in revenue, and maintained its 2026 EPS guidance. The company also declared a quarterly dividend of $1.48, representing a 4.2% annualized yield, while analysts generally rate the stock as "Hold."
Field & Main Bank Buys New Stake in PepsiCo, Inc. $PEP
Field & Main Bank recently acquired 18,108 shares of PepsiCo, Inc. (NASDAQ:PEP) valued at approximately $2.45 million. This move is part of broader institutional investment activity, with hedge funds and other institutional investors collectively owning 73.07% of the company's stock. Despite some operational risks such as softer consumer spending and facility damage in Ukraine, PepsiCo has exceeded recent earnings and revenue expectations and announced an attractive dividend of $1.48 per share.
Judge says Smucker’s lawsuit against Trader Joe’s over frozen PB&J can proceed
A federal judge has ruled that J.M. Smucker's lawsuit against Trader Joe's over its frozen peanut butter and jelly sandwiches can move forward. Smucker claims Trader Joe's product too closely resembles its Uncrustables in shape, crimped edges, and packaging, constituting a trademark violation. Trader Joe's argues its sandwiches are "squircles" and the crimped design is functional, also stating Smucker's packaging isn't famous enough for a dilution claim.
Investor group pushes General Mills (NYSE: GIS) on forced labor risk reporting
Friends Fiduciary Corporation is urging General Mills shareholders to support Proposal 7, which calls for a report assessing the effectiveness of the company's human rights policies, especially concerning forced and child labor risks in its supply chain. The investor group argues that while General Mills provides some audit data, it lacks clarity on how effectively it addresses salient risks, particularly beyond Tier 1 suppliers and in high-risk areas like India's sugarcane sector. They highlight that peers like Nestlé and Unilever offer more detailed disclosures on effectiveness and remediation.
