Pepsico is one of the largest companies there is that is engaged in the food, beverage, and snack industries. Their address is 700 Anderson Hill Road, Purchase, N.Y. 10577. Their phone number is 914-253-2000 and their fax number is 914-253-2070. Their stock symbol is PEP and they are listed on the NYSE. The company URL is http://www.pepsico.com/. Business Summary: PepsiCo, Inc. is engaged in the snack food, soft drink, juice, and fast food franchise businesses. The Company, through its subsidiaries, markets, sells and distributes various snacks in the United States and internationally, manufactures concentrates of Pepsi, Mountain Dew and other brands for sale to franchised bottlers in the United States and international markets and produces, markets, sells and distributes juices under several Tropicana trademarks in the United States and internationally. Pepsico’s domestic snack food business is conducted by Frito-Lay North America, and its international snack food business is conducted through Frito-Lay International. The Company's soft drink business operates as the Pepsi-Cola Company and is comprised of two business units, Pepsi-Cola North America (PCNA) and Pepsi-Cola International (PCI). In December 2000, the Company announced an agreement under which a subsidiary of PepsiCo will merge with The Quaker Oats Company, and Quaker will become a wholly owned subsidiary of PepsiCo. Quaker is a large worldwide marketer of foods and beverages. It manufactures and markets Gatorade thirst quencher, along with hot cereals, pancake syrups, grain-based snacks, cornmeal, hominy grits and value-added rice products. The proposed merger is subject to certain closing conditions, including approval by shareholders of both companies and regulatory approvals. The transaction is expected to close in the first half of 2001. Pepsico also operates several food franchises including Pizza Hut, KFC, and Taco Bell.
Financial Summary: PepsiCo, Inc. manufactures, markets and sells soft drinks and concentrates (Pepsi-Cola, Mountain Dew, Slice, etc.), snack foods (Frito-Lay) and Tropicana branded juices. For the 12 weeks ended 3/24/01, net sales increased 8% to $4.54 billion. Net income increased 18% to $498 million. Revenues benefitted from volume gains across all divisions. Net income also reflects an increased gross profit due to higher effective net pricing. (See above for other operations).
Officers of the company: …Steve Reinemund,52, Chairman, CEO …Indra Noovi, 45, Pres, CFO …Roger Enrico, 56, Vice Chairman …Matthew McKenna, 50, Sr. VP and Treasurer …Peter Bridgman, 48, Sr. VP and Controller
Recent Events: Apr 23 Earnings Announcement--May 2 Conference call: Pepsico Shareholders Meeting--May 9 New Analyst Opinion
Upcoming Events: June 29 Dividend payment of $0.145 Company Statistics: The following company statistics are good as of the twentieth day of May, 2001.
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