PepsiCo Inc. – Company Overview
|Headquarters||Purchase, New York, USA|
|CEO||Indra K. Nooyi|
|CFO||Hugh F. Johnston|
|Industry||Food and Beverages|
|Founder||Merger of Pepsi-Cola and Frito-Lay|
|Founded||1965 (PepsiCo Inc.)|
|NYSE stock symbol||PEP|
|Net revenue||$63,056 million USD (2015)|
|Operating profit||$8,353 million USD (2015)|
|Net income||$5,501 million USD (2015)|
|IR contact number||(914) 253-3055|
|IR email address||[email protected]|
PepsiCo Inc. is a multinational food and beverage company based in New York, USA.
As of 2014, it is the second largest food and beverage business in the world and the largest food and beverage business (in terms of revenue).
The company was created in 1965 following a merger of the Pepsi-Cola Company (a soft drink company formed in 1902) and Frito-Lay Inc. (a snack foods manufacturer formed in 1961).
The merger allowed Pepsi to expand its product line to include a range of snack foods, beverages, and other food products.
Since its inception the company has made a number of acquisitions to further increase the products it offers, such as its acquisition of Tropicana in 1998 and merger with Quaker Oats in 2001.
Pepsi-Cola brands currently include Pepsi, Mountain Dew, Sierra Mist, SoBe, AMP Energy, IZZE, Naked Juice, Propel, Mug, and Aquafina, and others.
PepsiCo Inc., has four main divisions: PepsiCo Americas Foods, PepsiCo Americas Beverages, PepsiCo Europe, and PepsiCo Asia, Middle East and Africa.
PepsiCo Inc. – Financial Results
|Key figures (in millions of USD)||2015*||2014*|
|Cash and cash equivalents at beginning of period||$6,134||$9,375|
|Cash and cash equivalents at end of period||$9,096||$6,134|
*For the years ended December 26, 2015 and December 27, 2014
Source: “PepsiCo Inc. – 2015 Form 10-K”