PepsiCo Inc. (#PEP) is a world’s leading multinational food and beverage corporation. The company was founded in 1965 in the US. It is the second largest corporation in the global food business in terms of net revenue.
PepsiCo produces and sells fizzy and still drinks, snacks, and other products in the US and around the world. The company owns several popular brands such as Pepsi, 7Up, Gatorade, Tropicana, Lay’s, Cheetos and others. At present, the company is committed to healthy nutrition, thus reducing dubious ingredients in its products.
In the 2008 fiscal year, PepsiCo revenues surged 9.6% to $43,251 billion whereas net profits on the contrary slumped 9.1% to $5,142 billion. Nowadays, its market capitalization equals $9,773.06 billion.
PepsiCo is included in the S&P 500 index. The company’s shares are traded on the NYSE under the #PEP ticker. In 2017, 99.57% of PepsiCo shares have been in free circulation.
The global producer of soft drinks and snacks suggests lucrative investment opportunities. According to expert estimates, PepsiCo’s shares gain 1.54% on average per month.