PepsiCo, the US soft drinks giant, will report its third quarter results on Thursday (8 October).
The group saw net profits and sales slip 2% for the six months to the end of June, compared to the same period last year.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Below, we take a look at the highs and lows for the company in the three months to the end of September.
- PepsiCo yesterday said it would form a new bottling giant, following its deal to take full control of Pepsi Bottling Group and PepsiAmericas.
- Mike White, chief of PepsiCo’s International division, announced his retirement.
- The group warned its shareholders against accepting a ‘mini-tender offer’ by merger and acquisition consultants TRC Capital Corporation.
- Tom Greco was appointed to executive vice-president of sales at the firm’s North America Beverages unit.
- PepsiCo signed a deal to acquire Brazil’s largest coconut water company.
- A court ruled against PepsiCo after it complained about rival Coca-Cola Co’s Powerade sports drinks adverts.
- After months of wrangling, PepsiCo sealed a deal to buy out its bottlers, Pepsi Bottling Group and PepsiAmericas.
GlobalData Strategic Intelligence
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 GlobalData
