PepsiCo

PepsiCo, Inc. (NASDAQ: PEP) operates as a leading global beverage and convenient food company serving customers and consumers in more than 200 countries and territories. The company maintains its corporate presence at https://www.pepsico.com and employs approximately 306,000 people worldwide, including roughly 125,000 in the United States.

The company's portfolio encompasses iconic brands including Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. PepsiCo organizes its operations into six reportable segments: PepsiCo Foods North America, which handles convenient foods in the United States and Canada; PepsiCo Beverages North America, managing North American beverage operations; International Beverages Franchise, overseeing international franchise beverage businesses and SodaStream; Europe, Middle East and Africa, operating both food and beverage businesses in those regions; Latin America Foods, focused on convenient food brands across Latin America; and Asia Pacific Foods, managing convenient food operations in Asia Pacific markets including China, Australia, New Zealand, and India.

PepsiCo's distribution network combines direct-store-delivery systems, customer warehouse networks, third-party distributors, and growing e-commerce capabilities. The company manufactures and distributes products through owned facilities, authorized bottlers, contract manufacturers, and other third parties. In 2025, sales to Walmart Inc. and its affiliates represented approximately 14 percent of consolidated net revenue across all segments.

The company's competitive advantages stem from its portfolio of globally recognized trademarks, innovation capabilities, and flexible distribution infrastructure. PepsiCo competes primarily on brand recognition, product quality, taste, price, innovation, distribution efficiency, and marketing effectiveness. The Coca-Cola Company represents the primary beverage competitor in many markets, while the convenient food category includes competition from regional, local, and private-label manufacturers.

PepsiCo's research and development efforts focus on creating consumer-preferred products, improving manufacturing processes, developing sustainable packaging solutions, and advancing digital capabilities including artificial intelligence and data analytics. The company maintains research centers globally across locations including Brazil, China, India, Ireland, Mexico, Russia, South Africa, the United Kingdom, and the United States.