PepsiCo (NASDAQ:PEP) (NASDAQ:PEP) is a global food and beverage company that develops, manufactures, markets and distributes a broad portfolio of snacks, drinks and convenient foods. Its beverage brands include Pepsi, Mountain Dew, Gatorade, 7UP in select markets, and bubly, while its food and snack brands include Lay’s, Doritos, Cheetos, Tostitos, Fritos, Quaker and Ruffles.
The company’s operations include beverage production and distribution, snack foods, convenient meals and nutrition-oriented products. PepsiCo sells products through retailers, restaurants, food-service providers, e-commerce channels and other distribution networks, serving consumers in North America and international markets across Europe, Asia, Africa, Latin America and other regions.
PepsiCo was formed in 1965 through the merger of Pepsi-Cola and Frito-Lay. Over time, it expanded its portfolio through brand development and acquisitions, including the addition of businesses such as Quaker Oats and Gatorade. The company is led by Chairman and Chief Executive Officer Ramon Laguarta.
