On Thursday, PepsiCo missed expectations for second-quarter revenue as a series of price hikes and competition from private-label brands slowed sales of its snacks and soda, particularly in the United States, its largest market. Analysts have noted that product prices, which are beginning to normalize after nearly two years of multiple hikes, remain higher than…
Karachi, September 15, 2020: The first phase of PepsiCo’s ‘Access to Safe Water Program’ has made safe water accessible to 30,000 people in Lahore. With the help of its on-ground partner WaterAid, a total of eight water filtration facilities have been rehabilitated. The intervention has focused on underserved urban settlements in Gulberg, Sultanke and Dhoop…
Karachi, August 15, 2020: As part of its ‘Millions of Meals’ campaign, PepsiCo Pakistan has so far distributed over 10 million meals as part of its ongoing COVID-19 disaster relief efforts. ‘Millions of Meals’ is an inclusive, nationwide disaster relief program making millions of meals available to the communities most impacted by the COVID-19 outbreak….
Karachi, June 22, 2020: PepsiCo’s Millions of Meals program joined hands with the Ehsaas ration program to deliver millions of meals to those affected by the COVID-19 outbreak across Pakistan. The MoU was signed at the Benazir Income Support Programme (BISP) headquarters. The signing ceremony was followed by a briefing to the Prime Minister. The…
Islamabad, February 12, 2020: PepsiCo, the leading food and beverage company, today announced its intention to invest Rs 775 million (US $5 million) for social impact programs in Pakistan over the next 3 years. Investment in social impact is part of the company’s broader vision to become a global leader in convenient foods and beverages…