Today, Mountain Dew has the 4th highest market share in the United States soda market, behind only Coca-Cola, Pepsi, and Diet Coke. PEPSICO BRANDS. In 2011, the Cheetos brand had sales of around $2.5 billion a year. Ruffles, Tostitos and Walkers also feature in the global top 10. The primary brands sold by PepsiCo in Europe include Pepsi-Cola beverages, Frito-Lay snacks, Tropicana juices, and Quaker food products, as well as regional brands unique to Europe such as Walkers crisps, Copella, Paw Ridge, Snack-a-Jack, Duyvis, and others. [140], Changes to the composition of its products with nutrition in mind have involved reducing fat content, moving away from trans-fats, and producing products in calorie-specific serving sizes to discourage overconsumption, among other changes. In addition to its 7 billion-dollar chip brands, PepsiCo also owns the Quaker food brand. PepsiCo has grown its revenue and earnings-per-share for decades, which has allowed it to continue increasing its dividend each year. The Diet Pepsi brand is PepsiCo’s 6th largest brand based on revenue. PepsiCo continues to perform well on a fundamental basis. [citation needed] Its activities in regards to the pursuit of its goals—namely environmental impacts of production and the nutritional composition of its products—have been the subject of recognition from health and environmental advocates and organizations, and at times have raised concerns among its critics. PepsiCo has maintained a philanthropic program since 1962 called the PepsiCo Foundation,[85] in which it primarily funds "nutrition and activity, safe water and water usage efficiencies,[86] and education," according to the foundation's website. [5], In 1935, the shareholders of Loft sued Guth for his 91% stake of Pepsi-Cola Company in the landmark case Guth v. Loft Inc. Loft won the suit and on May 29, 1941 formally absorbed Pepsi into Loft, which was then re-branded as Pepsi-Cola Company that same year. Tostitos Scoops are a popular spin-off product of the brand. [79], At one time, PepsiCo had its headquarters in 500 Park Avenue in Midtown Manhattan, New York City. Megargel was unsuccessful in reinvigorating the Pepsi brand. Diet Mountain Dew was first released in 1986 as ‘”Sugar Free Mountain Dew”. Other competitors for soda are RC Cola, Keurig Dr. Pepper, and independent brands varying by region. [37], In March 2020, PepsiCo announced that it had entered into agreement to acquire Rockstar Energy for $3.85 billion. Filter by. The Doritos brand broke $1 billion in annual sales in the early 1990’s. Mars Food has appointed PepsiCo veteran Rafael Narvaez as its global chief marketing, research and development officer as it looks to drive growth for brands like Uncle Ben’s and Dolmio. The broader Frito-Lay segment accounted for approximately $16 billion in sales in 2017. This has resulted in KFC and Pizza Hut chains in the country to switch to Coca-Cola products. [46], For the fiscal year 2017, PepsiCo reported earnings of US$4.857 billion, with an annual revenue of US$62.525 billion, an increase of 1.2% over the previous fiscal cycle. The bottle is made from plant-based materials, such as switch grass, corn husks, and pine bark, and is 100% recyclable. Tropicana was founded in 1947 by Anthony Rossi. Gatorade is the only beverage besides water that athletes can drink court-side at NBA games. He sold to Charles Guth, the head of candy manufacturer Loft, Inc. Guth purchased Pepsi to sell in his stores instead of Coca Cola because Coca Cola would not give him a discount on syrup. [55] In 2015, PepsiCo also introduced Stubborn Soda, a line of carbonated beverages without high fructose corn syrup.[56]. Beatrice Foods acquired Tropicana in 1978. Nutrition and ingredient information at your fingertips, for all of PepsiCo's beverage brands. PepsiCo’s snacks portfolio is second-to-none. Unlike the traditional Pepsi brand, Pepsi Max was introduced outside the United States. Frito-Lay North America, the result of a merger in 1961 between the Frito Company and the H.W. PepsiCo's Frito-Lay and Quaker Oats brands hold a significant share of the U.S. snack food market, accounting for approximately 39 percent of U.S. snack food sales in 2009. Search Portfolio Transformation Stories. By 2011, Diet Pepsi was generating over $5 billion a year in annual sales. As of 2011, Walkers was PepsiCo’s smallest billion dollar brand, generating just over $1 billion in annual revenue. The company now has 23 individual brands that each generate $1 billion or more in annual sales. [113] The company maintained its positioning of bottled water as "healthy and convenient", while also beginning to partially offset environmental impacts of such products through alternate means, including packaging weight reduction. [93] Following the Gulf of Mexico oil spill in the spring of 2010, PepsiCo donated $1.3 million to grant winners determined by popular vote. The brand was sold to cigarette giant Philip Morris in 1978. Quaker Oats was formed in 1991 from the merger of 4 oat mills. [8] After 39 years trading on the New York Stock Exchange, PepsiCo moved its shares to Nasdaq on December 20, 2017. PepsiCo’s size and advertising strength will very likely see the company add more billion dollar brands in the future. [34] A number of Farmers' associations are requesting that the government get involved in the case stating that Pepsi is attempting to intimidate people. Please send any feedback, corrections, or questions to support@suredividend.com. Organic growth was 7.9% for the quarter. On August 20, 2018, PepsiCo announced that it had entered into agreement to acquire SodaStream. On October 1, 2006, former Chief Financial Officer and President Indra Nooyi replaced Steve Reinemund as Chief Executive Officer. However, sugar rationing during the war and a volatile sugar market in the war's aftermath damaged the company's financial health to such a degree that in 1923, Bradham declared bankruptcy and returned to running pharmacies in North Carolina. You have choices in these areas: medical, cash plan, dental, eye care, critical illness, life assurance, health screening and income protection. [139], Public health advocates have suggested that there may be a link between the ingredient makeup of PepsiCo's core snack and carbonated soft drink products and rising rates of health conditions such as obesity and diabetes. product information. Of those brands, 1 was developed in house (Aquafina), 2 were acquired (Tropicana and Gatorade), and 3 are the result of partnerships with other companies (Lipton, Brisk, and Starbucks RTD Beverages). The majority of PepsiCo's revenues no longer come from the production and sale of carbonated soft drinks. PepsiCo’s most recent addition to the billion-dollar brands list is SodaStream, which the company acquired in 2015 for $3.2 billion. According to the company, one SodaStream bottle is the equivalent of 3,070 disposable bottles. In 2019 PepsiCo sued four small farmers in India US$142,000 each for growing a type of potato it says it owns. The Tostitos brand was released by PepsiCo in 1978. PepsiCo established its Future Brands business in Europe in 2018 in response to the changing innovation landscape. [64][65], Pepsico will market and distribute Starbucks products in several Latin American countries for 2016. [82] In 1966, Mayor of New York City John Lindsay started a private campaign to convince PepsiCo to remain in New York City. [106], From its founding in 1965 until the early 1990s, the majority of PepsiCo's product line consisted of carbonated soft drinks and convenience snacks. This list may not reflect recent changes (). Nooyi remained as the corporation's president, and became Chairman of the Board in May 2007, later (in 2010) being named No.1 on Fortune's list of the "50 Most Powerful Women"[75] and No.6 on Forbes' list of the "World's 100 Most Powerful Women". PepsiCo has increased its dividend payments for 48 consecutive years. [24] When it acquired the remaining 23% stake of Wimm-Bill-Dann Foods in October 2011, PepsiCo became the largest food and beverage company in Russia. [61], The division contributed 4 percent of PepsiCo's net revenues in 2015. Aquafina water is municipal tap water that is filtered and purified using reverse osmosis, ultraviolet light, and ozone. For many years, Ruffles slogan was “Ruffles have ridges”. In the U.S., water shortages in certain regions resulted in increased scrutiny on the company's production facilities, which were cited in media reports as being among the largest water users in cities facing drought—such as Atlanta, Georgia. As his drink gained popularity, Bradham founded the Pepsi-Cola Company in 1902 and registered a patent for his recipe in 1903. [105], Water usage concerns have arisen at times in other countries where PepsiCo operates. [126][127] The use of resin to manufacture its plastic bottles has resulted in reduced packaging weight, which in turn reduces the volume of fossil fuels required to transport certain PepsiCo products. The company's beverage distribution and bottling is conducted by PepsiCo as well as by licensed bottlers in certain regions. Diet Pepsi was the first diet cola distributed nationally in the United States. The most popular flavor by a wide margin is orange. Guth grew the Pepsi brand, but Loft, Inc. struggled. For the soft drink, see, PepsiCo's global headquarters building from the, Breakmedia "Pepsi now selling as 'Pécsi' in Mexico", "Pepsi says three drinks now billion-dollar brands", "Caleb Bradham's soda fountain flavor "Brad's Drink" became Pepsi-Cola today in 1898. [104] In 2007, PepsiCo's CEO Indra Nooyi made a trip to India to address water usage practices in the country, prompting prior critic Sunita Narain, director of the Centre for Science & Environment (CSE), to note that PepsiCo "seem(s) to be doing something serious about water now. Obtain the Gatorade brand, behind Coca-Cola and is also the president and became CEO! He renamed his soda Pepsi Cola is the acquisition is that PepsiCo is targeting the at-home beverage! Year over the past few years, Ruffles slogan was “ Ruffles have ridges.!, which the company Alexander Calder, Henry Moore, and Prospecton which! 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