Meet the Dow Stocks – PepsiCo Inc

PepsiCo Inc. is a multinational food and beverage corporation headquartered in Purchase, New York. The company was formed in 1965 with the merger of Pepsi-Cola and Frito-Lay. Since then, the company has expanded its portfolio to include a wide range of popular brands such as Tropicana, Quaker Oats, Gatorade, and Doritos. Today, PepsiCo is one of the largest food and beverage companies in the world, with operations in over 200 countries and territories.

Business Operations

PepsiCo operates in four main divisions: Frito-Lay North America, Quaker Foods North America, PepsiCo Beverages North America, and PepsiCo International. The Frito-Lay division produces and distributes snack foods such as Lay’s potato chips, Cheetos, and Tostitos. The Quaker Foods division produces and distributes breakfast foods such as oatmeal and cereal. The PepsiCo Beverages division produces and distributes soft drinks, juices, and sports drinks. The international division operates in countries outside of North America and includes all of PepsiCo’s global operations.

Corporate History

PepsiCo’s history can be traced back to 1898 when Caleb Bradham, a pharmacist from North Carolina, created a carbonated soft drink called “Brad’s Drink.” In 1902, Brad’s Drink was renamed Pepsi-Cola and began to gain popularity. In the 1930s, Pepsi began to compete with Coca-Cola by offering larger bottles for the same price. The company continued to grow and expand its product line over the years, eventually merging with Frito-Lay in 1965.

  • In 1998, PepsiCo acquired Tropicana, a leading producer of orange juice.
  • In 2001, PepsiCo acquired Quaker Oats, a leading producer of breakfast foods.
  • In 2010, PepsiCo acquired Wimm-Bill-Dann Foods, a leading Russian dairy and juice company.

Final Thoughts

PepsiCo’s success can be attributed to its diverse portfolio of popular brands, its ability to innovate and adapt to changing consumer preferences, and its strong global presence. The company has faced challenges over the years, including increased competition and changing consumer trends, but has remained a leader