Previous close | 167.99 |
Open | 170.06 |
Bid | 0.00 x N/A |
Ask | 0.00 x N/A |
Day's range | 167.92 - 168.25 |
52-week range | 167.92 - 168.25 |
Volume | |
Avg. volume | N/A |
Market cap | N/A |
Beta (5Y monthly) | 0.55 |
PE ratio (TTM) | 0.23 |
EPS (TTM) | 7.31 |
Earnings date | 10 Jul 2023 - 14 Jul 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Hot dogs, potato chips, hamburger buns — pretty much everything — will cost Americans more this Memorial Day weekend.
Greycroft co-founder and VC investor Dana Settle explains investment opportunities in AI and how her firm responded when Silicon Valley Bank went under.
Consumer brands like Mondelēz, PepsiCo (PEP) and Campbell Soup Company (CPB) all proved pricing power was here to stay this results season. Mondelēz CEO Dirk Van de Put told Yahoo Finance Live that during the pandemic, consumers "got used to" snacking. "It's clear that they're attached to it," he said. Van de Put adds that because of the comfort level developed with these brands, consumers haven't been deterred by price hikes. "The average consumer now already snacks three times a day, and the percentage of people doing that is about 78%," he explains. Mondelēz (MDLZ) CEO Dirk Van de Put explains the price hikes further in his full interview with Yahoo Finance's Executive Editor Brian Sozzi at this year's Milken Institute Global Conference. Key Video Moments: 00:00:04 - Consumers got used to snacking 00:00:29 - Consumers are "attached" to snacking 00:01:05 - Consumers snack three times a day
Before those Apple earnings on May 4, here's what you need to know from tech earnings this week.
Investors digesting earnings results are liking what they're seeing in the food sector.
AI tech is being embraced everywhere right now, and no more so than at the nation's top fast-food restaurants.
It's an easy joke with soft drink companies talk about AI, but it's a technology that may match the runaway hype.
It's earnings season! Yahoo Finance is here to help with a roundup of what we learned on Q1 company earnings from GM, Pepsico, McDonald's, Microsoft, Google, and more. GM Q1 Earnings General Motors CFO Paul Jacobson said, "Demand is remaining firm for us. Our volumes were up about 4%. Revenues were strong. Pricing is still lapping (due to) some of the increases that we did last year as a result of the higher input costs and commodities. Overall, really strong execution by the team.” Pepsico Product Demand PepsiCo CFO Hugh Johnston stated, “Overall, the demand for our products continues to be quite high. I think revenue is a much more reflective metric of what's happening. And with 14% revenue, obviously, consumers are truly enjoying our products.” Chipotle Price Increases Regarding price increases, Chipotle CFO Jack Hartung said, “Despite some of those price increases, our transactions were up 4%. And that tells us that customers still think of Chipotle as the meal that they want to eat at a great value. And so they're coming back in greater numbers." Intel Inventory Corrections Intel CEO Pat Gelsinger remarked, "All of the steps of our turnaround are underway. Good execution on the product side, good execution on the process, technology momentum that we have and I think investors are looking at." Video highlights: 00:00:03 - General Motors CFO Paul Jacobson 00:00:19 - PepsiCo CFO Hugh Johnston 00:00:31 - TD Cowen Managing Director Andrew Charles on McDonald's 00:00:45 - Chipotle CFO Jack Hartung 00:00:59 - Intel CEO Pat Gelsinger 00:01:16 - Roth MKM Managing Director Rohit Kulkarni on Google 00:01:29 - RBC Capital Markets Equity Analyst Rishi Jaluria
Yahoo Finance Live discusses a rise in shares of PepsiCo as the company topped it's earnings and hit a 52-week high .
Recession-resilient stocks might be the talk of the town amid the drumbeat of an economic downturn; but for one CFO, the answer might be in the snacks. "One of the reasons defensive stocks truly do well in these types of environments is because consumers still want to have these small, simple, affordable treats and luxuries in their lives", says PepsiCo CFO Hugh Johnston. He told Yahoo Finance Live he's "not that surprised" consumers aren't trading down on more products.PepsiCo (PEP) reported first quarter earnings before the bell, showing net sales climbed 10.2%, despite overall prices rising 16%. Competitor Coca-Cola (KO) also saw strong demand for its product, fueled by its own price hikes. "You may not be able to go out and get a new car. You may not be able to go out and get a really fancy piece of technology, but you can afford a bag of Doritos or you can afford a Gatorade Zero after you work out," he explains. You can watch Julie Hyman, Brad Smith and Brian Sozzi's full interview with Hugh Johnston here. Key Video Moments: 00:00:16 - Johnston "not that surprised" about consumers 00:00:38 - Consumers can afford a bag of Doritos
PepsiCo had a strong quarter and offered an upbeat outlook, giving it some breathing room to weigh in on the AI debate.
PepsiCo CFO Hugh Johnston joins Yahoo Finance Live to discuss company earnings, consumer demand, profit growth, using AI, reducing single-use plastic, supply challenges, and the outlook for PepsiCo.
The snacking revolution looks here to stay.
Celsius CEO John Fieldly joins Yahoo Finance Live to discuss the growth the energy drink brand has seen on TikTok as lawmakers weigh a potential ban on the social media platform, while also highlighting the brand's partnership with PepsiCo.
PepsiCo subsidiary Lay's partners with the new "Dungeons & Dragons: Honor Among Thieves" movie in a promo that allows moviegoers to exchange a raw potato for a free ticket at select theaters around the country.
Laxman Narasimhan is officially CEO of Starbucks (SBUX). Narasimhan joined Starbucks October 1 as incoming CEO with plans to officially begin his role and join the Starbucks' Board of Directors on April 1, 2023, making his CEO transition two weeks earlier than initially planned. Known as Laks to baristas, the 55-year old business executive was born in Pune, India in 1967, where he earned a degree in engineering. He then earned a master's degree in international studies and business administration at the University of Pennsylvania. Laks began his career at the consulting firm McKinsey, then went on to hold various roles, including Global Chief Commercial Officer, at PepsiCo (PEP). In September of 2019, he became the CEO of Reckitt Benckiser, the parent company of Lysol. There, he was credited with boosting sales during the covid pandemic as well as leading the company through the baby formula crisis in the U.S. Narasimhan is also a Verizon (VZ) board member, a member of the Council on Foreign Relations, a trustee of the Brookings Institution, and served on the board of Reckitt during his tenure as CEO. Key video moments 00:05 the new Starbucks CEO 00:25 what we know about new Starbucks CEO 01:50 new Starbucks CEO's mission
Coca-Cola shares more on its plans to attack the booze industry.
Spotted at Coca-Cola: The "disinflationary process" recently touted by Federal Reserve Chair Jerome Powell.
Super Bowl LVII is almost set to kick off, but it's not just about the teams taking the field. The big game is a billion dollar business. Major companies like T-Mobile (TMUS), Budweiser (BUD), General Motors (GM), Netflix (NFLX) and Uber (UBER) and set to spend millions of dollars to air a commercial during the broadcast. Betting will also take center stage, with over 50 million people expected to wager billions on sites like DraftKings (DKNG), MGM (MGM) and more. Food prices will also dominate the night; while chicken wings and avocados are cheaper this year, beer prices are on the rise. Yahoo Finance's Seana Smith, Dave Briggs, Josh Schafer and Alexandra Canal take a look at the finances behind the big game. Key Video Takeaways. 05:00 - DraftKings CEO Jason Robins 11:45 - Governor Katie Hobbs, (D) Arizona 18:00 - Philadelphia Eagles Defensive Tackle Ndamukong Suh 30:00 - Halftime show expectations 42:00 - the big business of Super Bowl ads 49:00 - How stocks perform based on the winning team 55:00 - Rising food costs
Wedbush Managing Director and Senior Equity Analyst Dan Ives talks about the value of Apple's sponsorship of the Super Bowl halftime show.
Yahoo Finance sports reporter Josh Schafer explains how bettors are even picking what Gatorade colors will be used at the Super Bowl.
Three key brands are telling investors a great deal about consumer spending with sales continuing to grow.
PepsiCo delivered a solid quarter. Here's what you need to know.
PepsiCo CFO Hugh Johnston joins Yahoo Finance Live to discuss company earnings, cutting prices, recessionary pressures, profit growth, beverage stocks, and the outlook for PepsiCo.