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Pepsi's North America CEO Ram Krishnan says he's "super intentional" about how he spends his time. He told Fortune that he uses a pie chart to split his waking hours between five priorities. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPepsiCo Beverages' North America CEO Ram Krishnan has a hack to fully maximize the 24 hours he has in a day.
Persons: Ram Krishnan, Fortune, , Fortune's, Krishnan Organizations: North, Service, PepsiCo Beverages, Business
Under a 10-year agreement, Subway will start selling drinks including Pepsi, Mountain Dew, Tropicana, and Lipton. Subway's US stores will start making the switch in January 2025. AdvertisementCoke fans, watch out — Subway is ditching the drinks supplier in favor of rival Pepsi in the US. Subway announced on Tuesday that it had signed a 10-year agreement to supply PepsiCo drinks at its US stores from the start of 2025. This means that as well as Pepsi, Subway customers will also be able to get other beverages such as Mountain Dew, Tropicana, Lipton, and Gatorade.
Persons: Lipton, , Arby's, Culver's Organizations: Pepsi, Subway's, Service, . Subway, PepsiCo, Subway, Tropicana, Lipton, Gatorade, Cola, Restaurant Business, Coca, Business Locations: Canada, Germany, Netherlands
PepsiCo on Tuesday boosted its outlook for the year as it posted earnings and revenue that beat expectations. Shares of the company rose more than 2% Tuesday, hitting a new 52-week high. Organic revenue, which doesn't include the impact of acquisitions and divestitures, rose 14.3%. PepsiCo Beverages North America's organic revenue increased 12%, with with Pepsi delivering double-digit net revenue growth and brands like Gatorade and Aquafina delivering high single-digit net revenue growth. The company said it expects its full-year 2023 organic revenue to increase 8%, up from 6%, and core constant currency EPS to increase 9% up from 8%.
NEW YORK, March 6 (Reuters) - Activist investor Legion Partners Asset Management is pushing for four new directors to join Primo Water Corp's (PRMW.N) board, arguing they could help the water company's share price triple over five years. Legion nominated experts in water delivery, beverage operations, marketing and capital allocation as director candidates for election to the U.S.-Canadian company's 10-person board to help reverse "chronic underperformance," according to a letter seen by Reuters. "Substantial shareholder-driven change in the boardroom is long overdue and necessary at the 2023 Annual Meeting in order for Primo to achieve its full potential," Legion's managing directors, Chris Kiper and Ted White, wrote to fellow Primo Water shareholders. Legion, which helped place directors onto boards at Bed Bath & Beyond and Kohl's, said it owns a 1.5% stake in Primo Water and has been an investor in the past. Primo Water offers home and office water delivery, water exchange, where customers return their empty water jugs and buy new ones at retailers, and water refill, its most affordable offering, where customers refill jugs themselves.
PepsiCo is replacing Sierra Mist with Starry, a new lemon-lime soda. Starry has a "more balanced, cleaner, crisp finish than Sierra Mist," a spokesperson told Insider. The beverage serves as a fresh opportunity to compete with market leader Sprite. PepsiCo said Starry will soon debut a national television campaign and appear at major sports and entertainment events as well. But whether Starry's flavor packs enough punch to compete with Sprite, only time will tell.
The Tesla Semi was first shown as a prototype in 2017. The fully electric semi truck features an unusual design in which the driver sits in the center of the cab rather than on one side. Tesla has boasted of the truck’s performance — saying it accelerates much more quickly, even with a full load, than traditional diesel-powered semi trucks. A video during the presentation showed, according to Tesla, a fully loaded Tesla Semi accelerating up a steep grade and passing other trucks. Since it has no multi-geared transmission, as diesel trucks do, it’s also much easier to drive than other semi trucks, Musk said.
PepsiCo hiked its forecast for the year Wednesday morning after reporting third-quarter earnings and revenue that beat analyst expectations. Revenue: $21.97 billion vs. $20.84 billion expected. For its Frito-Lay North America division, the company said revenue rose 20% in the quarter despite a dip in volume. PepsiCo Beverages North America's revenue increased 4% on slightly higher volume. Total revenue rose to $21.97 billion, up 9% from $20.19 billion a year ago.
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