On Thursday, PepsiCo will report its second-quarter and first-half results. Here, just-drinks looks at the major developments for the group in the three months to the end of June.
- Following the news at the end of March that PepsiCo’s North America Beverages unit CEO Al Carey will oversee the group’s full operations in North America, speculation arose that a successor for CEO Indra Nooyi was being positioned. We considered other possible reasons behind Carey’s promotion.
- In mid-April, following the release of results for the first quarter, Nooyi spoke of how the company has been looking to “future proof” its product range. “The growth of our everyday-nutrition products… is outpacing the growth of the balance of the portfolio,” she told analysts. “We’ve had a significant amount of activity underway to transform our portfolio.”
- April also saw confirmation of a change of global chief information officer. Jody Davids replaced Robert Dixon in the role, with Dixon retiring.
- While The Coca-Cola Co was flagged in May as being worst-placed to deal with the consumer move away from sugared drinks, analysts at CLSA warned that PepsiCo should also be concerned about the growing trend.
- Could PepsiCo’s Mountain Dew brand have a new competitor – or two – in the coming months? Attendees at Monster Beverage Corp’s AGM in mid-June got to see first-hand the new Mutant and Hydro variants, with SIG analyst Pablo Zuanic flagging the pair’s threat to Mountain Dew.
- Rounding off the quarter, the group’s beverage operations had two retro cards to play. Last week, PepsiCo announced its intention to relaunch Diet Pepsi with aspartame in the US later this year. A day later, Crystal Pepsi made its first appearance since the 90s. The clear cola launches in Canada and the US for about a month from the end of this week.
Subscribe to Just Drinks for just £1 for 1 month
Stay ahead with unbiased news, expert commentary, and in-depth features on global topics.
As a trusted provider of data and insights, Just Drinks collaborates closely with industry leaders and professionals to offer unique thought leadership and analysis. Gain a deeper understanding of the drinks industry’s trajectory and the priorities shaping the profession.
What’s included in your subscription:
- Personalized Access: Secure login to Just Drinks
- Industry News & Expert Commentary: Timely updates and exclusive C-level interviews.
- Case Studies & Deep Dives: Real-world applications and in-depth analyses.
- Exclusive Subscriber Newsletter: Weekly top features, plus a new thematic report and webinar.
Ready to stay informed?
Subscribe to unlock exclusive content.
Already a subscriber? Sign in to access your account.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataPleasecomplete this form to request more information, and a representative will be in touch shortly.
