2024-07-15 09:00:00 ET
Summary
- PepsiCo, an American multinational food, snack, and beverage corporation, is now a $226 billion (by market cap) food and beverage beast.
- PepsiCo has built up more than 20 different billion-dollar brands.
- PepsiCo has increased its dividend for 52 consecutive years, with a 10-year dividend growth rate of 8.1%.
- PepsiCo moved its revenue from $66.7 billion in FY 2014 to $91.5 billion in FY 2023, a compound annual growth rate of 3.6%.
PepsiCo, Inc. (PEP) is an American multinational food, snack, and beverage corporation. Founded in 1898, PepsiCo is now a $226 billion (by market cap) food and beverage beast that employs more than 300,000 people.
The company reports results across seven segments: PepsiCo Beverages North America, 30% of FY 2023 revenue; Frito-Lay North America, 27%; Europe, 14%; Latin America, 13%; Africa, Middle East, and South Asia, 7%; APAC (Asia Pacific), 5%; and Quaker Foods North America, 3%. The company generates approximately 57% of revenue from the US; the remainder is generated internationally....
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PepsiCo: A Blue-Chip, Defensive Business With An Attractive Yield