PEPSICO INC: directors' dealings · United States · SEC (Form 4)

About PEPSICO INC

PepsiCo Inc. (ticker: PEP) is one of the world’s largest food and beverage groups. It is listed on the US equity market, specifically the Nasdaq, and is headquartered in Purchase, New York, in the United States. The company traces its roots back to Pepsi-Cola, created in 1898, and to the 1965 merger of Pepsi-Cola Company and Frito-Lay, which formed the modern PepsiCo. Over time, PepsiCo has built a highly diversified portfolio spanning carbonated soft drinks, sports drinks, bottled water, salty snacks, cereals, and other convenient foods, supported by a scale-driven, brand-led, and distribution-intensive operating model. Today, PepsiCo is organized into six reportable segments: PepsiCo Foods North America, PepsiCo Beverages North America, International Beverages Franchise, Europe, Middle East and Africa (EMEA), Latin America Foods, and Asia Pacific Foods. This structure highlights a business mix that is balanced between beverages and convenient foods, with a particularly strong footprint in the United States and Canada, while maintaining meaningful exposure across Europe, Latin America, the Middle East, Africa, and Asia-Pacific. Its model combines retail distribution, foodservice, franchised beverage systems, and direct commercial execution across multiple consumer occasions. PepsiCo’s competitive position is built on a set of globally recognized brands, including Lay’s, Doritos, Cheetos, Pepsi-Cola, Mountain Dew, Gatorade, Quaker, and SodaStream. That brand depth gives the company a durable advantage in snack foods and beverages, allowing it to participate in multiple consumption trends at once: indulgent snacking, hydration, sports nutrition, breakfast, and functional beverages. Compared with pure-play beverage or snack companies, PepsiCo benefits from portfolio diversification, broad customer relationships, and significant pricing and route-to-market capabilities. Recent developments remain relevant for investors. PepsiCo reported nearly $94 billion in net revenue in 2025, following about $92 billion in 2024, underscoring the scale and resilience of the franchise. In 2025, management also unveiled priorities aimed at accelerating growth and improving productivity, while the company expanded its marketing platform through high-profile partnerships, including Formula 1 and a 2026 deal with the Mercedes-AMG PETRONAS F1 Team. In 2026, PepsiCo highlighted progress on water and sustainability targets and continued to launch new products such as Propel Clear Protein. For international equity investors, PepsiCo remains a large-cap consumer staple with a defensive profile, strong cash generation, and a broad global revenue base.