Pepsico, Inc. Annual Report 2019
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Case 23 Pepsico's
BFV GROUP : Beatrice Teresa Colantoni, Francesco Morgia, Valentina Palmerio. PepsiCo’s Business Case – CASE 23 PEPSICO’S HISTORY. PepsiCo, Inc., was established in 1965 when PepsiCola and Frito-Lay shareholders agreed to a merger between the salty-snack icon and soft-drink giant. The new company was founded with annual revenues of $510 million and such well-known brands as Pepsi-Cola, Mountain Dew, Fritos, Lay’s, Cheetos, Ruffles, and Rold Gold. By 1971, PepsiCo had more than doubled its revenues to reach $1 billion. The company began to pursue growth through acquisitions outside snacks and beverages as early as 1968, but its 1977 acquisition of Pizza Hut significantly shaped the strategic direction of PepsiCo for the next 20 years. The acquisitions of Taco Bell in 1978 and Kentucky Fried Chicken in 1986 created a business portfolio described by Wayne Calloway (PepsiCo’s CEO between 1986 and 1996) as a balanced three-legged stool. Calloway believed the combination of snack foods, soft drinks, and fast food offered considerable cost sharing and skill transfer opportunities. PepsiCo strengthened its portfolio of snack foods and beverages during the 1980s and 1990s, adding also quick-service restaurant. By 1996 it had become clear to PepsiCo management that the potential strategic-fit benefits existing between restaurants and PepsiCo’s core beverage and snack businesses were difficult to capture. In 1997, CEO Roger Enrico spun off the company’s restaurants as an independent, publicly traded company to focus PepsiCo on food and beverages. Soon after the spinoff of PepsiCo’s fast-food restaurants was completed, Enrico acquired Cracker Jack, Tropicana, Smith’s Snackfood Company in Australia, SoBe teas and alternative beverages, Tasali Snack Foods (the leader in the Saudi Arabian salty-snack market), and the Quaker Oats Company. -
(Various Flavors) 20 1 2/Case Oz
Soft Drink Beverage Vending Bm ID 7081 July 1, 2017 June 30, 2019 CC No. 4600240-1730927 SUCCESSFUL BIDDER: Pepsi Beverages Company, Inc. DISTRICTWIDE - Product only (No Exclusivity Revenue and No Incentives) Product Only Pricing Bid Price Vendor Contact Information Dole Juice 100% 10 oz. plastic bottle 24/case $ 11.85 Aquafina 12 oz. plastic bottle 24/case $ 5.15 Pepsi Beverages Company Aquafina 16.9 oz. plastic bottle 24/case $ 4.64 TERMS: Net 30 Aquafina 20 oz. plastic bottle 24/case $ 8.91 VendorNo.: 130325 Gatorade 12 oz. plastic bottles 24/case $ 10.30 Orders: 1-800-963-2424 Gatorade 20 oz. plastic bottles 24/case $ 17.05 EQUIPMENT REPAIR: l-800-562-6800 Sobe Life Water Vitamiffi Enhanced Waters (Various Flavors) 20 1 2/case oz. plastic bottles $ 12.02 l BILLING QUESTIONS: 1-800-789-2626 Lipton Tea (Various Flavors) 16.9 oz. plastic bottle 24/case $ 7.21 Lipton Tea (Various Flavors) 20 oz. plastic bottle 24/case $ 12.88 Machine Refillin Inforrnation Carbonated Drinks 20 oz. plastic bottle 24/case $ 12.88 Non-Carbonated Drinks 20 oz. plastic bottle 24/case $ 12.88 Email April Stepp for refill requests. BIB Carbonated 3 gallon Per Gallon $ 8.24 BIB Non-Carbonated 3 gallon Per Gallon $ 8.24 [email protected] BIB Carbonated 5 gallon Per Gallon $ 8.24 or call CO2 Tanks Per Tank $ 28.33 Pepsi : 502-363-8884 20 oz. CSD, Lipton & Brisk $ 12.88 20 oz. Aquafina / Splash 24/Case $ 8.91 20 oz. Gatorade & G2 24/case $ 17.05 20 oz. -
Frito-Lay Peanut/Tree Nut Free Processing Facilities – Information Sheet
Frito-Lay Peanut/Tree Nut Free Processing Facilities – Information Sheet As of February 27, 2014 the following Food Service/Vend products DO NOT CONTAIN PEANUT AND/OR TREE NUT INGREDIENTS AND ARE NOT PRODUCED IN PEANUT/TREE NUT MANUFACTURING FACILITIES*: Baked! Cheetos® Cheese Snacks Fritos® Corn Chips Baked! Doritos® Tortilla Chips Funyuns® Onion Snacks Baked! Lay’s® Potato Chips Lay’s® Potato Chips Baked! Ruffles® Ridged Potato Chips Lay’s® Kettle Cooked Potato Chips Baked! Tostitos® Scoops® Tortilla Chips Miss Vickies® Kettle Cooked Potato Chips Baken-ets® Pork Skins Ruffles® Ridged Potato Chips Cheetos® and RF Cheetos® Cheese Snacks Santitas® Tortilla Chips Cheetos® Fantastix® Snacks SunChips® Multigrain Chips Chester’s® Hot Fries Smartfood® Delight White Cheddar Popcorn Doritos® and RF Doritos® Tortilla Chips Tostitos® Tortilla Chips and RF Tostitos® Tortilla Chips As of February 27, 2014, the following Food Service/Vend products DO NOT CONTAIN PEANUT AND/OR TREE NUTS.* HOWEVER, THEY MAY BE PRODUCED IN FACILITIES WHERE PRODUCTS CONTAINING PEANUT AND/OR TREE NUT INGREDIENTS ARE ALSO PRODUCED. Munchies® Snack Mixes Smartfood® White Cheddar Popcorn Quaker® Kids Snack Mixes Rold Gold® Pretzels Stacy’s® Pita Chips As of February 27, 2014 the following Food Service/Vend products CONTAIN PEANUT AND/OR TREE NUT INGREDIENTS AND/OR ARE PRODUCED IN FACILITIES WHERE PRODUCTS CONTAINING PEANUT AND/OR TREE NUT INGREDIENTS ARE PROCESSED. Frito-Lay® Nuts Grandma’s® Cookies Munchies® Crackers *The products listed do not contain Peanut or Tree Nut Ingredients; however, they have not been tested for the inadvertent presence of Peanuts and/or Tree Nuts Ingredients. . -
View Annual Report
2 Letter to Shareholders 10–11 Financial Highlights 12 The Breadth of the PepsiCo Portfolio 14 Reinforcing Existing Value Drivers 18 Migrating Our Portfolio Towards High-Growth Spaces Table 22 Accelerating the Benefits of of Contents One PepsiCo 24 Aggressively Building New Capabilities 28 Strengthening a Second-to-None Team and Culture 30 Delivering on the Promise of Performance with Purpose 33 PepsiCo Board of Directors 34 PepsiCo Leadership 35 Financials Dear Fellow Shareholders, Running a company for the long • We delivered +$1 billion savings term is like driving a car in a race in the first year of our productiv- that has no end. To win a long race, ity program and remain on track you must take a pit stop every now to deliver $3 billion by 2015; and then to refresh and refuel your • We achieved a core net return car, tune your engine and take other on invested capital3 (roic) of actions that will make you even 15 percent and core return on faster, stronger and more competi- equity3 (roe) of 28 percent; tive over the long term. That’s what • Management operating cash we did in 2012—we refreshed and flow,4 excluding certain items, refueled our growth engine to help reached $7.4 billion; and drive superior financial returns in • $6.5 billion was returned to our the years ahead. shareholders through share repurchases and dividends. We invested significantly behind our brands. We changed the operating The actions we took in 2012 were model of our company from a loose all designed to take us one step federation of countries and regions further on the transformation to a more globally integrated one to journey of our company, which enable us to build our brands glob- we started in 2007. -
United States Securities and Exchange Commission Washington, Dc 20549
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): December 5, 2018 PepsiCo, Inc. (Exact name of registrant as specified in Charter) North Carolina 1-1183 13-1584302 (State or other jurisdiction (Commission (IRS Employer Of incorporation) File Number) Identification No.) 700 Anderson Hill Road Purchase, New York 10577 (Address of principal executive offices) (Zip Code) (914) 253-2000 (Registrant’s telephone number, including area code) N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company o If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. -
Inside Matters the Pepsi Bottling Group, Inc
2004 ANNUAL REPORT Inside Matters The Pepsi Bottling Group, Inc. is the world’s largest manufacturer, seller and distributor of carbonated and non-carbonated Pepsi-Cola beverages. Outside 2004 Facts about PBG U.S. the U.S. Total Number of Plants: 46 50 96 Number of Distribution Centers: 254 267 521 Number of Employees: 31,700 33,000 64,700 Percentage of Volume: 61% 39% 100% U.S. / Canada Brand Mix Trademark Pepsi Trademark Mountain Dew Aquafina Other PepsiCo brands Dr Pepper Sierra Mist Other Non-PepsiCo brands Lipton SoBe Tropicana Frappuccino Europe Brand Mix Trademark Pepsi Other PepsiCo brands KAS Aqua Minerale Other Non-PepsiCo brands 7 UP IVI Fruko Mexico Brand Mix Electropura Trademark Pepsi Manzanita Sol Mirinda Squirt 7 UP Other PepsiCo brands Garci Crespo Other Non-PepsiCo brands Financial Highlights $ in millions, except per share data 2004 2003 2002 Chairman’s Letter Net Revenues $10,906 $10,265 $9,216 Page 2 Pro Forma Net Revenues1 $10,906 $10,265 $8,926 PBG / U.S. and Canada Operating Income $976 $ 956 $ 898 $ in millions Page 4 Diluted$800 EPS $ 1.73 $ 1.50 $ 1.46 Pro Forma Diluted EPS2 $ 1.73 $ 1.56 $ 1.46 PBG / Mexico $700 Net Cash Provided by Operations $ 1,251 $ 1,084 $1,014 Page 8 Capital$600 Expenditures $ (717) $ (644) $ (623) PBG / Europe Net$500 Cash Provided by Operations, $534 Page 10 less Capital Expenditures $ 534 $ 440 $ 391 $400 $440 Board of Directors 1 Fiscal year 2002 has been adjusted to reflect$391 the adoption of Emerging Issues Task Force (EITF) Issue Page 12 No.$300 02-16. -
Copycat Snacks in Schools by Cara Wilking, J.D
The Public Health PHAI Advocacy Institute MAY 2014 Copycat Snacks in Schools by Cara Wilking, J.D. Introduction The Healthy, Hunger-Free Kids Act of 2010 (HHFKA) authorized the U.S. Department of Agriculture (USDA) to set nutrition standards for all foods and beverages sold in schools.1 Prior to the HHFKA, the USDA only promulgated rules for items sold outside of the National School Lunch Program (NSLP) that were of “minimal nutritional value,” such as soda, gum, and candy.2 Starting July 1, 2014, all foods sold outside of the NSLP, such as food from vending machines and school stores, will have to meet USDA “Smart Snacks” nutrition criteria. Not wanting to lose the in-school marketing opportunity, major food companies like PepsiCo are producing reformulated versions of popular junk foods like Cheetos® and Doritos® that meet the Smart Snacks criteria, but use the same brand names, logos and spokescharacters as are used to market traditional junk food. These copycat snacks are not widely available for purchase outside of schools and are clearly designed to co-market traditional junk food to children in school. This issue brief describes copycat snacks, how they undermine nutrition education efforts, and what can be done to stop the sale and marketing of these products in schools. Copycat Snacks Copycat snacks are a vehicle for food companies to co-market their popular unhealthy, junk food brands in schools. Copycat snacks meet USDA Smart Snacks nutrition criteria, but are marketed using brand names, product names, logos, and spokescharacters that are also used to market junk food. -
Tri R Coffee & Vending Product List
Tri R Coffee & Vending Product List Cold Beverages Pepsi Snapple Juice Snapple Diet Pepsi Max Snapple Tea Snapple Lemon Pepsi Natural Dasani Water Snapple Pink Lemonade Pepsi One SoBe Energize Mango Melon Lipton Brisk Strawberry Melon Pepsi Throwback SoBe Energize Power Fruit Punch Lipton Brisk Sugar Free Lemonade Caffeine Free Pepsi SoBe Lean Fuji Apple Cranberry Lipton Brisk Sugar Free Orangeade Diet Pepsi SoBe Lean Honey Green Tea Lipton Brisk Sweet Iced Tea Diet Pepsi Lime SoBe Lean Raspberry Lemonade Lipton Diet Green Tea with Citrus Diet Pepsi Vanilla SoBe Lifewater Acai Fruit Punch Lipton Diet Green Tea with Mixed Berry Diet Pepsi Wild Cherry SoBe Lifewater Agave Lemonade Lipton Diet Iced Tea with Lemon Caffeine Free Diet Pepsi SoBe Lifewater B-Energy Black Cherry Dragonfruit Lipton Diet White Tea with Raspberry Sierra Mist Natural SoBe Lifewater B-Energy Strawberry Apricot Lipton Green Tea with Citrus Diet Sierra Mist SoBe Lifewater Black and Blue Berry Lipton Iced Tea Lemonade Sierra Mist Cranberry Splash SoBe Lifewater Blackberry Grape Lipton Iced Tea with Lemon Diet Sierra Mist Cranberry Splash SoBe Lifewater Cherimoya Punch Lipton PureLeaf - Diet Lemon Diet Sierra Mist Ruby Splash SoBe Lifewater Fuji Apple Pear Lipton PureLeaf - Extra Sweet Ocean Spray Apple Juice SoBe Lifewater Macintosh Apple Cherry Lipton PureLeaf - Green Tea with Honey Ocean Spray Blueberry Juice Cocktail SoBe Lifewater Mango Melon Lipton PureLeaf - Lemon Ocean Spray Cranberry Juice Cocktail SoBe Lifewater Orange Tangerine Lipton PureLeaf - Peach Ocean -
What's Your Investing Strategy?
Ask the Fool Low- or High-Priced Stock? As a new investor, I wonder: Fool’s School you mull how you want to invest: My Smartest Investment The Motley Fool Take QIs it better to buy stocks • What’s your investing time under $20 per share, like Fitbit, frame? When you buy stocks, you or higher-priced stocks such as What’s Your should only invest money you won’t Valuing Greatness Snack on Sherwin-Williams (recently near need for five years or more. $680 per share), that have been Investing Strategy? My smartest investment was buy- This Stock • How involved will you be? If ing shares of cloud-based communi- around longer and have good For best results when investing, you’re going to learn to study stocks cations specialist Twilio at $25 each. If you’re looking for a resilient track records? It seems you could don’t just buy or sell whatever you and then follow your holdings regu- The company looked like it had great investment during this pandemic, buy a lot more shares in lower- fancy on a whim, following hot tips, larly, great. If not, consider simple, people, great values and great inno- consider PepsiCo (NASDAQ: PEP). priced stocks and make more hunches, media mentions or your low-fee, broad-market index funds, vative services. — T.C.S., online It’s not simply a beverage company, money. — John S., online emotions. Instead, read up as many people assume; it also owns such as those that track the S&P 500 The Fool Responds: A combi- the Frito-Lay family of snacks and the You need to separate the on investing, consider your or the entire stock market. -
Coffees Serving Size Caffeine (Mg)
Coffees Serving Size Caffeine (mg) Dunkin' Donuts Coffee with Turbo Shot large, 20 fl. oz. 436 Starbucks Coffee venti, 20 fl. oz. 415 Starbucks Coffee grande, 16 fl. oz. 330 Panera Frozen Mocha 16.5 fl. oz. 267 Starbucks Coffee tall, 12 fl. oz. 260 Starbucks Caffè Americano grande, 16 fl. oz. 225 Panera Coffee regular, 16.8 fl. oz. 189 Starbucks Espresso Frappuccino venti, 24 fl. oz. 185 Dunkin' Donuts Coffee medium, 14 fl. oz. 178 Starbucks Caffè Mocha grande, 16 fl. oz. 175 Starbucks Iced Coffee grande, 16 fl. oz. 165 Maxwell House Ground Coffee—100% Colombian, Dark Roast, 2 Tbs., makes 12 fl. Master Blend, or Original Roast oz. 100-160 Dunkin' Donuts Cappuccino large, 20 fl. oz. 151 Starbucks—Caffè Latte, Cappuccino, or Caramel Macchiato grande, 16 fl. oz. 150 Starbucks Espresso doppio, 2 fl. oz. 150 Keurig Coffee K-Cup, all varieties 1 cup, makes 8 fl. oz. 75-150 2 tsp., makes 12 fl. Folgers Classic Roast Instant Coffee oz. 148 Starbucks Doubleshot Energy Coffee, can 15 fl. oz. 146 Starbucks Mocha Frappuccino venti, 24 fl. oz. 140 1 packet, makes 8 fl. Starbucks VIA House Blend Instant Coffee oz. 135 McDonald's Coffee large, 16 fl. oz. 133 2⅔ Tbs., makes 12- Maxwell House International Café, all flavors 16 fl. oz. 40-130 Seattle's Best Coffee—Iced Latte or Iced Mocha, can 9.5 fl. oz. 90 Starbucks Frappuccino Coffee, bottle 9.5 fl. oz. 90 International Delight Iced Coffee 8 fl. oz. 76 2 Tbs., makes 12 fl. Maxwell House Lite Ground Coffee oz. -
Sodastream: Why the Fizz Just Went out of the Short Position
February 6, 2014 SodaStream: Why the Fizz Just Went Out of the Short Position After a year which promised hyper-growth, but delivered somewhat less than spectacular earnings, SodaStream (NASDAQ:SODA) ended trading yesterday at a 52 week low -- but now everything has changed. The news of the day in today’s market is the 10% investment of Coca Cola in Green Mountain Coffee, with the goal of establishing a definitive market for single serve cold beverages. After hours, the market reacted as though it was SODA’s “Uh-Oh” moment … But really? The thin line between competition and proof of concept While Citron does not hold itself out to be a beverage analyst, we think it fair to state that Coca Cola understands this competitive space better than anyone. So what does this mean for SodaStream? The Perfect Storm Short-sellers ought to look at yesterday’s news as the perfect storm of bad news. The stock has closed at a 52 week low Short interest is near its 52 week high. As of Jan 15, 2014, it was 8.7 mm shares or 42% of the outstanding -- that’s 54% of the float. The story has completely changed -- and it will take years to disprove the thesis Citron on SodaStream’s moment February 6, 2014 Page 1 of 5 Enter Pepsi It is an understatement to say that Coke vs Pepsi is a pre-eminent corporate rivalry. Every credible news source would call this the greatest corporate rivalry in the history of business. http://money.cnn.com/gallery/news/companies/2013/03/21/greatest-business-rivalries.fortune/2.html http://www.dailyfinance.com/photos/50-greatest-business-rivalries-of-all-time/ Every business school in the world uses these two companies as exhibits #1 and #2 when discussing competition. -
What Can I Drink?
What Can I Drink? Healthy Drink Choices Managing diabetes involves balancing what you 10 Zero- or eat and drink with physical activity and medicine, No-Calorie Drinks if needed. Food often takes center stage when it comes to diabetes, but beverages can also affect your weight and blood glucose. That’s why the 1 American Diabetes Association recommends drinks Water that have zero calories or are very low in calories. Water is one of the healthiest and easiest choices 2 you can make. Sparkling, seltzer, or mineral water What Drinks Are Zero-Calorie 3 or Very Low-Calorie? Unsweetened iced tea All of these drinks provide no or just very small amounts of calories and carbohydrate: 4 • Water (still or sparkling) Infused water (with crushed • Unsweetened or diet teas fresh mint, for example) • Coffee • Diet soda 5 • Other zero- and low-calorie Unsweetened coffee drinks and drink mixes 6 What Drinks Should I Avoid? Water with a squeeze of lemon Regular soda, fruit punch, sports drinks, energy drinks, sweet tea and other sugary drinks are not 7 healthy choices. These will raise blood glucose Diet iced tea and may have several hundred calories in just one serving! See for yourself: 8 • One 12-ounce can of regular soda has Diet soda about 150 calories and 40 grams of carbohydrate. This is the same amount 9 of carbohydrate in 10 teaspoons of Unsweetened hot tea sugar! • One cup of fruit punch has about 100 10 calories (or more) and 30 grams of Zero- or no-calorie carbohydrate. continued on next page drink mixes continued from previous page What Can I Drink? Bored with Water? What About Milk and Juice? Here are some easy ways to jazz up plain water: Low-fat and fat-free (skim or nonfat) milk and 100% juice with no added sugar are also healthy • Squeeze in some zing.