With 65% ownership in The Vita Coco Company, Inc. (NASDAQ:COCO), institutional investors have a lot riding on the business
Institutional investors hold a significant 65% ownership stake in The Vita Coco Company, Inc. (NASDAQ:COCO), giving them considerable influence over the company's share price. This large institutional holding, combined with a 13% stake by private company Verlinvest Beverages Sa and 10% held by insiders, means that major shareholders collectively have strong oversight of the company's direction. The article suggests that while institutional validation can be positive, investors should also consider risks like "crowded trades" and examine analyst forecasts alongside ownership data.
PepsiCo Sued Over Attempt to Bury PETA Shareholder Resolution Over Abuse of Bulls
PETA Foundation has filed a lawsuit against PepsiCo for trying to block a shareholder resolution concerning animal treatment in its supply chains, specifically regarding the abuse of bulls in India. The resolution seeks a report on the treatment of these animals, which are forced to haul overloaded carts, often suffering severe injuries and handler abuse. PETA highlights that mechanized solutions like eco-tractors exist and improve efficiency, but PepsiCo has failed to address the documented cruelty despite being urged by over 50,000 supporters.
Is Pepsi Violating Its Own Animal Welfare Policy?
PETA is suing PepsiCo to ensure a shareholder resolution on animal welfare in its supply chain goes to a vote. This comes after PETA uncovered that PepsiCo's bottling partner in India sources sugar from an industry that violently abuses bulls, directly contradicting PepsiCo's stated animal welfare policy. PETA and its supporters are pushing PepsiCo to transition to bull-free sugarcane sourcing by adopting eco-tractors, a move that benefits both animals and farmers.
JPMorgan Raises Celsius Stock Price Target Amidst Growth Strategies
JPMorgan and Piper Sandler have increased their price targets for Celsius (CELH) to $77 and $65, respectively, signaling strong confidence in the company's growth strategies. The stock surged by 9.15% following strategic market expansions, partnership announcements, and the appointment of former PepsiCo executives Christy Jacoby and John Short to the board. Analysts anticipate continued success, driven by robust Q4 retail performance and increased investor engagement through industry conferences.
PepsiCo Investor Sues to Circulate Animal Welfare Proxy Proposal
A PepsiCo shareholder has filed a lawsuit to compel the company to include an animal welfare proxy proposal in its proxy materials. The proposal, submitted through PETA, asks shareholders to vote for a report on suppliers' compliance with animal welfare policies and local laws. The shareholder claims PepsiCo Inc. is improperly planning to exclude the proposal.
Beverage Stocks Earnings Roster Next Week: KDP, MNST, FMX, SAM
The article highlights that beverage stocks, both alcoholic and non-alcoholic, are a key focus for earnings next week, with companies like Keurig Dr Pepper (KDP), Monster Beverage (MNST), Fomento Economico Mexicano (FMX), and Boston Beer Company (SAM) scheduled to report. It discusses the mixed backdrop of the industry, emphasizing factors like premiumization, functional beverages, and effective pricing. While these companies face challenges from rising costs and shifting consumer preferences, strong brands and innovation are expected to drive performance.
Mendel Money Management Cuts Stock Position in PepsiCo, Inc. $PEP
Mendel Money Management significantly reduced its stake in PepsiCo, Inc. (NASDAQ:PEP) by 40.9% in the third quarter, selling 11,341 shares and retaining 16,366 shares valued at $2.30 million. Despite this, other institutions like Norges Bank, Laurel Wealth Advisors LLC, and Charles Schwab Investment Management Inc. increased their holdings. PepsiCo recently approved a $10.0 billion share repurchase plan and declared a quarterly dividend of $1.4225, with analysts holding a "Hold" consensus rating and an average target price of $167.83 for the stock.
Celsius Holdings (CELH) Stock Surges 8% After CAGNY 2026 Presentation
Celsius Holdings' (CELH) stock surged over 8% in after-hours trading following an encouraging presentation at the CAGNY 2026 conference. The company highlighted significant growth in shelf space allocation, achieved $5.2 billion in retail sales last year, and emphasized the strengthening of its distribution partnership with PepsiCo, indicated by the nomination of two new board members. This positive outlook follows a strong 2025 for CELH, although the stock is slightly down year-to-date in 2026.
Celsius Energy Drinks Credits PepsiCo Partnership For Doubling Of U.S Market Share 05/16/2023
Celsius Energy Drinks has significantly increased its U.S. market share, doubling it in one year, attributing this success to its partnership with PepsiCo. The company reported record revenue of $260 million in Q1, a 95% increase year-over-year, with North America driving most of this growth. This partnership, which includes PepsiCo's investment and distribution network, has propelled Celsius to become the second-largest energy drink brand on Amazon and has led to plans for international expansion in early 2024.
Fiera Capital Corp Reduces Stock Holdings in PepsiCo, Inc. $PEP
Fiera Capital Corp reduced its stake in PepsiCo, Inc. by 4.8% in Q3, selling 151,965 shares but still holding over 3 million shares valued at $422.13 million, making it their 22nd largest position. PepsiCo's board authorized a $10 billion share buyback and declared a quarterly dividend of $1.4225, indicating a strong focus on shareholder returns. Analysts maintain a "Hold" rating for PEP, with a consensus target price of $167.83, following a slight EPS beat and 5.6% revenue growth in the latest quarter.
Orange Juice Market See Incredible Growth 2026-2033 |Coca-Cola
The global orange juice market is projected to grow from USD 7.45 billion in 2026 to USD 12.52 billion by 2033, exhibiting a CAGR of 7.7%. This growth is attributed to rapid innovation, rising investment, and shifting regional dynamics. The market research report provides insights into key segments, competitive landscapes, and strategic opportunities for decision-makers.
Zacks Industry Outlook Highlights The Coca-Cola, PepsiCo, Monster Beverage, Keurig Dr Pepper and Vita Coco
The soft drink industry is experiencing growth fueled by innovation in natural, low-sugar, and functional beverages, alongside digital transformation and expansion into adjacent categories like RTD alcoholic drinks. Despite rising input costs and tariff uncertainties that squeeze margins, companies like Coca-Cola, PepsiCo, Monster Beverage, Keurig Dr Pepper, and Vita Coco are expected to outperform through continued investment in innovation and digital capabilities. The industry maintains a positive outlook, with a Zacks Industry Rank signaling bright prospects, and several key players are highlighted as stocks to watch.
Embotelladora Andina: Quiet Latin Coke Bottler With a U.S. Dividend Twist
Embotelladora Andina (NYSE: AKO.A / AKO.B) is a Latin American Coca-Cola bottler offering U.S. investors exposure to emerging-market growth and dollar-translated dividends, albeit with significant currency and political risk. The article highlights its defensive consumer staples characteristics, the importance of its U.S. ADS listings for liquidity and reporting, and the key financial drivers and risks for U.S. investors considering this niche stock. It suggests a small, long-term allocation for those comfortable with volatility and seeking diversification from U.S. mega-caps.
Smucker, other food companies can’t get enough of the word ‘simply’
Food companies like J.M. Smucker, Kraft Heinz, Coca-Cola, and PepsiCo are increasingly using the word "Simply" in new product lines, signaling a shift towards fewer, more natural ingredients. This trend is driven by consumer demand for cleaner labels and pressure from regulators regarding processed foods. Companies are also finding that "clean label" products often command higher prices.
Compass Diversified Subsidiary The Honey Pot Co. Announces Appointment of Janis Smith-Gomez as Chair of the Board
The Honey Pot Co., a subsidiary of Compass Diversified, has announced the appointment of Janis Smith-Gomez as Chair of its Board of Directors, effective January 1, 2026. Smith-Gomez brings extensive commercial and marketing expertise from her previous leadership roles at Johnson & Johnson, Mars, Kraft Foods, and PepsiCo. The appointment is expected to further strengthen the brand's growth and mission-driven approach to feminine health.
Pepsi Ducks Class Action Claims in Price Discrimination Case
A federal judge dismissed class action allegations against PepsiCo Inc. and its Frito Lay North America Inc. unit, which were accused of price discrimination against independent convenience stores. The ruling significantly reduces PepsiCo's financial exposure, as the case can no longer proceed with thousands of potential plaintiffs. Only two plaintiffs, Alqosh Enterprises Inc. and NMRM Inc., remain in the lawsuit.
Pepsi Ducks Class Action Claims in Price Discrimination Case
A federal judge has dismissed class action allegations against PepsiCo. Inc. and Frito Lay North America Inc., which were accused of charging independent convenience stores higher prices for snack chips than larger grocery chains. This ruling, issued in the US District Court for the Central District of California, prevents the case from proceeding with thousands of potential plaintiffs and significantly reduces Pepsi's financial exposure. Only two plaintiffs, Alqosh Enterprises Inc. and NMRM Inc., remain in the lawsuit.
Pepsi Ducks Class Action Claims in Price Discrimination Case
A federal judge has dismissed class action allegations against PepsiCo Inc. and Frito Lay North America Inc., which were accused of price discrimination against independent convenience stores. The ruling significantly reduces PepsiCo's financial exposure, allowing the case to proceed with only two remaining plaintiffs instead of thousands. These plaintiffs had alleged they were charged higher prices for snack chips compared to large grocery chains.
Why Did CELH Stock Spike Over 8% In After-Hours Trading Today?
Celsius Holdings Inc. (CELH) shares surged over 8% in after-hours trading following upbeat comments at the CAGNY conference, highlighting increased shelf space for its products and rising demand for energy drinks. The company's CEO noted that energy drinks now represent 20% of liquid refreshment beverage sales, and Celsius's expanded assortment and execution are leading to strong retail outcomes. PepsiCo's continued backing, including the nomination of two directors to Celsius's board, further supports the company's growth and market position.
PepsiCo, Frito-Lay win US court order barring class action in snack pricing lawsuit
A U.S. federal judge has blocked convenience-store owners from pursuing a class-action lawsuit against PepsiCo and Frito-Lay, which alleged the companies favored large retailers with their wholesale pricing. The judge ruled that the convenience stores failed to demonstrate the necessary common harm required for a class action under federal law, specifically citing the need for individualized, transaction-specific proof in price discrimination claims. While the class action was barred, the lawsuit was not dismissed, and the plaintiffs have the option to amend and refile their class-action claims.
PepsiCo plays ‘offense’ to transform portfolio for health-conscious consumers
PepsiCo is strategically shifting its product portfolio to cater to health-conscious consumers by accelerating efforts to reduce sugar and sodium, and incorporating more functional ingredients. CEO Ramon Laguarta stated this move is crucial for long-term growth, focusing on "restaging" core brands like Lay's, Gatorade, and Quaker to meet evolving dietary preferences and diversify offerings. The company aims to innovate around themes of low-sugar, reduced sodium, and increased protein and fiber to drive higher value per consumption.
PepsiCo, Inc. $PEP Shares Sold by King Luther Capital Management Corp
King Luther Capital Management Corp decreased its stake in PepsiCo, Inc. by 2.6% in the third quarter, now holding 836,908 shares valued at approximately $117.5 million. This comes as PepsiCo slightly surpassed earnings expectations for the quarter, reporting $2.26 EPS on revenues of $29.34 billion, and announced a $10 billion share buyback program and a quarterly dividend of $1.4225 per share. Analyst sentiment remains a "Hold" with a consensus price target of $167.83, despite some upgrades and a recent cut in long-term EPS estimates by Zacks Research.
What is Zacks Research's Forecast for PepsiCo Q1 Earnings?
Zacks Research has lowered its Q1 2026 EPS estimate for PepsiCo to $1.49, while the company recently reported strong quarterly results of $2.26 EPS and $29.34 billion in revenue, exceeding analyst expectations. PepsiCo also announced a $10.0 billion stock buyback program and declared a quarterly dividend of $1.4225, signaling continued shareholder returns. Despite some negative sentiment regarding potential price cuts on snacks, the company is focusing on health-forward innovations and strategic marketing to drive growth.
Why COKE Could Outperform PepsiCo Stock
This article suggests that Coca-Cola Consolidated (COKE) could be a better investment than PepsiCo (PEP) due to its lower valuation (P/OpInc) and higher revenue and operating income growth. The analysis compares key metrics between the two companies, highlighting COKE's stronger recent performance. However, it also advises further investigation to understand if PepsiCo maintains any underlying advantages that might not be immediately apparent from these figures.
PepsiCo Tests Prebiotic Cola And Creator Collabs In Growth Refresh
PepsiCo is refreshing its product lineup and marketing strategies by launching Pepsi Prebiotic Cola nationwide and introducing a creator-led "Flavor Swap" product line. They are also rebranding Sunbites to S.U.N. in the UK, aiming to expand their presence in functional beverages and healthier snacks, and to explore new branding and collaboration models. These initiatives position PepsiCo to cater to evolving consumer preferences for health-conscious and entertainment-driven products, while testing direct-to-consumer and social commerce approaches.
CHF125.00 uptick: PEP.SW PepsiCo (SIX) Pre-Mkt high vol mover 19 Feb, volume key
PepsiCo (PEP.SW) saw a CHF125.00 (+6.84%) uptick in pre-market trading on the SIX exchange, driven by significant relative volume despite low share count. The stock is trading above its 50-day and 200-day averages, with Meyka AI rating it a B+ (BUY) and projecting a 3.90% monthly upside. However, investors are cautioned about its elevated leverage and high payout ratio, recommending confirmation with regular-hours volume.
Coca-Cola rival launches Kroger-exclusive soda flavor
Keurig Dr Pepper's 7UP is launching a new Mandarin Orange flavor exclusively at Kroger stores, following a successful Watermelon Strawberry exclusive last year. This strategy allows brands to test new products and strengthen partnerships with retailers like Kroger, which also offers its own private-label soda line. The move highlights the increasing trend of exclusive and limited-time offerings in the competitive soda market.
PepsiCo’s first creator-led product launch reimagines chips for Gen Z
PepsiCo Foods has launched its first creator-led product line, 'Flavor Swap,' in collaboration with Madison Beer, iShowSpeed, and Dude Perfect, aiming to engage Gen Z consumers. These new chip flavor mashups are initially available on TikTok Shop with a nationwide rollout planned for March. The initiative seeks to bridge content, culture, and checkout by tapping into how Gen Z discovers and shops for products on social media platforms.
PepsiCo Says Consumers Like Price Cuts on Snacks
PepsiCo has begun slashing prices on snack brands like Doritos and Lay's by up to 15% and is seeing positive early feedback from consumers. This move aims to boost sales in its snacks business, which has seen slower growth recently due to consumers reacting to rising prices earlier. CEO Ramon Laguarta confirmed at an investor conference that initial data regarding consumer reception to these price reductions is "very good."
PepsiCo’s first creator-led product launch reimagines chips for Gen Z
PepsiCo Foods has launched its first creator-led product line, 'Flavor Swap,' in collaboration with Madison Beer, iShowSpeed, and Dude Perfect, aiming to engage Gen Z consumers. This social-first campaign introduces reimagined chip flavors and makes products available via TikTok Shop before a nationwide rollout. The initiative leverages influencer marketing and insights into Gen Z's shopping habits on social platforms, alongside flavor trends, to drive growth.
Intraday volume spike lifts KO.SW The Coca-Cola Company to CHF59.76 on 18 Feb 2026: watch CHF61.37 resistance
The Coca-Cola Company (KO.SW) experienced an intraday volume spike, pushing its stock price to CHF59.76 on February 18, 2026, an increase of 0.83% from the previous day. This unusual trading activity occurred on the SIX exchange in Switzerland, with volume significantly higher than average. Meyka AI gives KO.SW a "BUY" suggestion with a grade of B+ and projects a yearly price target of CHF75.94, indicating a 27.07% upside.
More than 35 new Keurig Dr Pepper drinks hit shelves in 2026
Keurig Dr Pepper (KDP) announced over 35 new beverage varieties for 2026 across its carbonated soft drinks, teas, waters, energy, and juice portfolios. Key innovations include the limited-time return of Dr Pepper Creamy Coconut, a nationwide launch of Mott's Zero Sugar juice, and expanded zero-sugar and energy drink options. The company emphasizes flavor leadership and catering to consumer demand for bold new tastes, nostalgic twists, and healthier choices.
Chester County Tractor Supply Stores Invite Pets and Families to Farm Bash Celebration
Tractor Supply stores in Chester County are hosting a "Farm Bash" on Saturday, February 21, from 10 a.m. to 2 p.m., to celebrate "Animal Days." The event invites customers and their leashed pets for treats, giveaways, and community fun, including potential dog adoption events at select locations through a partnership with Petfinder. PepsiCo is also supporting the initiative with $120,000 in donations to local animal shelters.
Thai Namthip Coca-Cola, Big C deepen collaboration with localised activations across Thailand
Big C has expanded its partnership with ThaiNamthip Coca-Cola, making ThaiNamthip Coca-Cola the authorized beverage partner across 130 Big C Food Court locations nationwide. This collaboration grants exclusive distribution rights for Coca-Cola brands within Big C's food courts and includes joint marketing activities, promotions, and on-ground events. The partnership aims to enhance the Big C Food Court experience with popular Coca-Cola beverages and exclusive activities adapted from global campaigns.
First National Bank of Omaha Acquires Shares of 138,529 PepsiCo, Inc. $PEP
First National Bank of Omaha recently acquired 138,529 shares of PepsiCo, Inc. valued at approximately $19.46 million, making it a significant holding in their portfolio. PepsiCo exceeded quarterly earnings and revenue expectations, and its board approved a $10 billion share repurchase plan and declared a quarterly dividend. Analysts currently have a "Hold" rating on PepsiCo with an average target price of $167.83.
Drucker Wealth 3.0 LLC Buys 7,926 Shares of PepsiCo, Inc. $PEP
Drucker Wealth 3.0 LLC significantly increased its stake in PepsiCo, Inc. by 282.6% in the third quarter, acquiring an additional 7,926 shares to hold a total of 10,731 shares valued at approximately $1.507 million. This move comes as PepsiCo reported Q3 earnings per share of $2.26 on revenue of $29.34 billion, surpassing analyst estimates, and announced a $10 billion share buyback program and a quarterly dividend of $1.4225. Analysts currently hold a consensus "Hold" rating for PepsiCo with an average target price of $167.83.
PepsiCo, Inc. $PEP Shares Bought by Advisors Capital Management LLC
Advisors Capital Management LLC significantly increased its stake in PepsiCo, Inc. (NASDAQ:PEP) during the third quarter, purchasing an additional 84,685 shares and bringing its total holdings to 260,703 shares valued at approximately $36.6 million. This comes as PepsiCo's board approved a $10 billion share repurchase program and declared a quarterly dividend of $1.4225 per share. Analysts generally hold a "Hold" rating on PepsiCo, with an average price target of $167.83.
Fortis Group Advisors LLC Acquires 10,255 Shares of PepsiCo, Inc. $PEP
Fortis Group Advisors LLC significantly increased its stake in PepsiCo, purchasing an additional 10,255 shares in Q3, bringing their total holdings to 10,301 shares valued at approximately $1.505 million. This comes as PepsiCo announces a $10 billion share repurchase program and a quarterly dividend of $1.4225, with recent earnings slightly exceeding analyst expectations. Analysts generally maintain a "Hold" rating for the stock with an average price target of $167.83 despite various upgrades and downgrades.
M&G PLC Decreases Stake in PepsiCo, Inc. $PEP
M&G PLC significantly reduced its stake in PepsiCo, Inc. by 51.4% in the third quarter of 2025, selling 13,610 shares and retaining 12,867 shares valued at $1.8 million. Despite this, other major institutional investors like Norges Bank and Laurel Wealth Advisors made substantial new acquisitions or increased their existing holdings in PepsiCo. The company also reported strong Q3 earnings, beating analyst estimates, and announced a $10 billion stock buyback program along with a quarterly dividend of $1.4225 per share.
2 No-Brainer Dividend Stocks to Buy Right Now
This article highlights two dividend stocks, Realty Income (NYSE: O) and PepsiCo (NASDAQ: PEP), as strong buys for investors seeking financial freedom through consistent dividend payments. Realty Income, a REIT, has paid monthly dividends since 1969 with a 30-year streak of annual increases, supported by a diversified property portfolio and expansion into Europe. PepsiCo boasts 54 consecutive years of dividend increases, driven by its strong brand portfolio, productivity gains, and improving financials, demonstrating resilience amid economic challenges.
2 No-Brainer Dividend Stocks to Buy Right Now
The article highlights two dividend stocks, Realty Income and PepsiCo, as strong buys for investors seeking financial freedom through consistent dividend payments. Realty Income, a REIT, boasts a long history of monthly dividends and annual increases, supported by a diversified property portfolio and expansion into Europe. PepsiCo, a consumer goods giant, has increased its dividend for 54 consecutive years, with strong brands, improving financials, and a focus on productivity and market expansion ensuring future growth.
Pepsi Just Launched Its Own Prebiotic Soda—Months After Buying Poppi for $1.95 Billion
PepsiCo has launched its own prebiotic soda under the Pepsi brand, following its $1.95 billion acquisition of Poppi and CEO Ramon Laguarta's statement that fiber is the "next protein." The new product, which debuted online on Black Friday and is now available nationwide, offers consumers a fiber-rich cola option. This move is part of PepsiCo's broader strategy to integrate more fiber into its top-performing products.
Cheerios maker says cost of living, housing expenses changing way consumers spend
General Mills has cut its annual sales and profit forecasts, attributing the change to weak consumer sentiment and evolving consumer purchase patterns. The company noted that consumers are shifting towards healthier and lower-cost food options, partly due to the rise of GLP-1 weight-loss drugs and increased competition for protein. Additionally, Chief Executive Jeff Harmening stated that elevated cost of living and housing pressures are forcing lower- and middle-income consumers to prioritize value in their spending habits.
Beverage Stocks: KO, PEP, KDP, SNYR Positioned for Accelerating Growth and Sector Expansion in 2026
Leading beverage companies Coca-Cola (KO) and PepsiCo (PEP) are seen as stable investments with proven global strength and defensive growth, while Keurig Dr Pepper (KDP) is undergoing a strategic restructuring with a potential spinoff. Smaller cap Synergy CHC (SNYR) presents an asymmetric growth opportunity in the rapidly expanding functional beverage market, leveraging its FOCUSfactor® brand. The 2026 outlook for the sector highlights margin expansion, international growth, functional beverages, and strategic M&A.
Dabur appoints Hershey’s Herjit Bhalla as India chief; elevates Mohit Malhotra to global role
Dabur India has named Herjit Bhalla, formerly of Hershey Company, as its new India chief executive, effective April 15. The current India chief, Mohit Malhotra, will be elevated to the global CEO role. This leadership change is part of a broader trend of executive shifts seen across the consumer goods sector in the past year.
PepsiCo Bets On Prebiotic Cola And Fiber Snacks To Sustain Growth
PepsiCo is expanding its "better for you" product line with the nationwide launch of Pepsi Prebiotic Cola and the rebranding of its UK Sunbites snacks to S.U.N., emphasizing fiber. These moves align with growing consumer demand for functional foods and beverages, aiming to sustain growth and keep legacy brands relevant amidst evolving health preferences. Investors will be watching the market adoption of these new offerings to gauge their impact on the company's financial performance and competitive positioning against rivals like Coca-Cola and Kellogg.
PepsiCo’s CMO on how its Super Bowl strategy informs 2026 growth plans
PepsiCo's Chief Consumer and Marketing Officer, Jane Wakely, details how the company's 2026 Super Bowl campaigns for Pepsi Zero Sugar, Lay's, and Poppi are integral to its long-term growth strategy. These campaigns link past brand recognition with authentic storytelling and focus on engaging consumers across multiple platforms, extending beyond initial ad placements. The company's approach delivered strong results, with ads ranking high in audience polls and contributing to significant revenue and market share growth for key brands.
General Mills cuts annual sales, profit forecasts as weak consumer spending hits demand
General Mills has reduced its annual sales and profit forecasts, citing weaker consumer spending as the primary reason for the decreased demand. This move indicates that the consumer staples giant is facing headwinds due to a cautious economic environment affecting purchasing habits. The revised outlook reflects challenges in the current market for General Mills and potentially other companies in the consumer goods sector.
NEOS Investment Management LLC Purchases 229,121 Shares of PepsiCo, Inc. $PEP
NEOS Investment Management LLC significantly increased its stake in PepsiCo, purchasing an additional 229,121 shares, bringing its total holdings to 577,111 shares valued at approximately $81.05 million. PepsiCo's board also authorized a new $10 billion share repurchase program and declared a quarterly dividend of $1.4225 per share. The company recently exceeded quarterly earnings estimates with EPS of $2.26 and revenue of $29.34 billion, and analysts expect 8.3 EPS for the current fiscal year.
Mondrian Investment Partners LTD Buys Shares of 659,201 PepsiCo, Inc. $PEP
Mondrian Investment Partners LTD has acquired a new position of 659,201 shares in PepsiCo (NASDAQ:PEP) during the third quarter, valued at approximately $92.6 million. PepsiCo's board has approved a $10 billion share repurchase plan, and the company recently beat quarterly earnings estimates, reporting $2.26 EPS and $29.34 billion in revenue. Additionally, PepsiCo announced a quarterly dividend of $1.4225 per share.
