AllAnalyst Report
logoMorningstarOctober 02, 2024

PepsiCo, Inc.: PepsiCo: Siete Foods Acquisition Adds to Snack Giant’s Better-for-You Offerings

Symbols
PEP
Sector(s)
Consumer Defensive
Rating
Current Price
$167.97
Fair Value
Economic Moat
Stewardship
Summary

PepsiCo is a global leader in snacks and beverages, owning well-known household brands including Pepsi, Mountain Dew, Gatorade, Lay’s, Cheetos, and Doritos, among others. The company dominates the global savory snacks market and also ranks as the second-largest beverage provider in the world (behind Coca-Cola) with diversified exposure to carbonated soft drinks, or CSD, as well as water, sports, and energy drink offerings. Convenience foods account for approximately 55% of its total revenue, with beverages making up the rest.

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