PepsiCo is teaming up with a Chinese partner to build a Quaker oats production facility in the Asian country. The US-headquartered food and drinks giant has inked what it called a “strategic cooperation” agreement with Jiangsu Rilong Food Co. to invest around 500 million yuan ($68.9m) in the new plant.

That said, PepsiCo's financial performance is a bit weak today and there are some big-picture concerns around the consumer staples space that are holding the stock down. If history is any guide, this too shall pass. Thus, the historically high yield on offer right now is likely to be very appealing to a long-term income investor.

PepsiCo Inc. PEP has been facing operational challenges, primarily in its North America market, since early 2024 due to declining consumer demand and product recalls in the Quaker Foods North America (“QFNA”) segment.

Share prices of PepsiCo (NASDAQ: PEP) hit an all-time high in the first half of 2023. It has been downhill since that point, with the stock now around 25% below that peak. If you have been watching this consumer staples giant waiting for a good entry price,

Quaker Oats Co., affiliated to food and beverage giant PepsiCo, Inc., is recalling select Pearl Milling Co. Original Pancake & Waffle

The US Federal Trade Commission sued PepsiCo alleging that it has engaged in illegal price discrimination by giving unfair price advantages to one retailer.

It also makes Quaker Oats, brekfast cereals and granola bars. PepsiCo's prices have been the subject of some scrutiny since the pandemic. In 2022, for example, the company acknowledged shrinking ...

Two big recent announcements highlight the potential for the future at this giant consumer staples company and show why Dividend King PepsiCo has been such a strong competitor for so long. What news did PepsiCo serve up?

This consistent dividend growth is a testament to PepsiCo's financial health and ability to generate sustainable profits. This track record is invaluable for investors, particularly those seeking a reliable income stream. It signifies that PepsiCo is not just a company focused on short-term gains but one built for long-term value creation.

(RTTNews) - Quaker Oats Co., affiliated to food and beverage giant PepsiCo, Inc., is recalling ... No other Pearl Milling Company products are recalled. The impacted product, in a cardboard ...

After 10 years in business, the Garza family sold their company Siete Foods to PepsiCo (NASDAQ: PEP) for a cool $1.2 billion. The deal for Siete was announced back in October but closed this January.

M&A activity in the F&B industry is set to rise in 2025, driven by favorable economic conditions and strategic acquisitions by companies expanding their market presence.