PepsiCo Inc. @ 2024-01-07

Related News Article Title:
A sports drinks turf war could determine whether beverage stocks bounce back in 2024
Description: Legacy beverage brands like Pepsico are investing in new sports drinks at the same time startup Prime is showing strength.
News Sentiment: 0.04545454545454545 (Slightly Positive)

PepsiCo, Inc.

Sector: Consumer Defensive

Industry: Beverages – Non-Alcoholic

Full Time Employees: 315000


Long Business Summary:

PepsiCo, Inc. manufactures, markets, distributes, and sells various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region. It provides dips, cheese-flavored snacks, and spreads, as well as corn, potato, and tortilla chips; cereals, rice, pasta, mixes and syrups, granola bars, grits, oatmeal, rice cakes, simply granola, and side dishes; beverage concentrates, fountain syrups, and finished goods; ready-to-drink tea, coffee, and juices; dairy products; and sparkling water makers and related products. The company offers its products primarily under the Lay’s, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, Aquafina, Emperador, Diet Mountain Dew, Diet Pepsi, Gatorade Zero, Propel, Marias Gamesa, Ruffles, Sabritas, Saladitas, Tostitos, 7UP, Diet 7UP, H2oh!, Manzanita Sol, Mirinda, Pepsi Black, San Carlos, Toddy, Walkers, Chipsy, Kurkure, Sasko, Spekko, White Star, Smith’s, Sting, SodaStream, Lubimy Sad, Pepsi, and other brands. It serves wholesale and other distributors, foodservice customers, grocery stores, drug stores, convenience stores, discount/dollar stores, mass merchandisers, membership stores, hard discounters, e-commerce retailers and authorized independent bottlers, and others through a network of direct-store-delivery, customer warehouse, and distributor networks, as well as directly to consumers through e-commerce platforms and retailers. The company was founded in 1898 and is based in Purchase, New York.

Basic Chart

PepsiCo Inc.
PepsiCo Inc.

Technical Chart

PepsiCo Inc.
PepsiCo Inc.

Suggested Currency Pair: USD/JPY

The blog post discusses the competitive dynamic between legacy beverage brands like Pepsico, a US-based company, and new players like Prime, co-founded by American nationals. Pepsico, being a significant player with a stronghold in the global market, is indicative of the strength and potential of the US economy and its discretionary consumer spending.

In this context, the USD/JPY pair can be relevant because Japan is a major player in the global economy and a significant importer of consumer goods, including food and beverages. The competition highlighted in the sports drink market could lead to increased focus on marketing and sales efforts in various international markets, including Japan. Additionally, the economic recovery from global pressures mentioned in the blog will affect both the US dollar and the Japanese yen, as investors look for safe-haven currencies or more aggressive growth-based investments.

Fluctuations in the USD may occur due to domestic economic changes, consumer spending habits, and the success or failure of major US companies like PepsiCo. Market sentiment towards these companies can influence investor confidence and, consequently, the strength of the USD.

Changes in the JPY, on the other hand, could be driven by Japan’s economic policies, consumer market preferences, and its reactions to global market changes.

Thus, the performance of brands like Pepsico in international markets and their influence on consumer spending can have nuanced effects on the USD/JPY currency pair.

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