Skip to Content
NEW
A vastly improved search engine helps you find the latest on companies, business leaders, and news more easily.
SIGN IN
PepsiCo saw a boost in sales of snacks and breakfast foods like oatmeal and pancakes as more consumers ate at home more often during the pandemic—a shift that helped push revenue over the $70 billion mark, a nearly 5% increase over the prior year. But soda sales were soft as venues like restaurants and arenas closed, and profits declined 2.7%, with the beverage and snacking giant spending some $800 million on COVID-19–related costs. The company has made big investments in e-commerce, launching two direct-to-consumer websites and acquiring Chinese online snack company Be & Cheery. CEO Ramon Laguarta, now in his third year on the job, has continued PepsiCo’s sustainability push, including the company’s recent commitments to regenerative agriculture.
Luke Sharrett—Bloomberg/Getty Images
Lists ranking PepsiCo
RANK40
World’s Most Admired Companies - 2022Just as it dominates our economy, Big Tech now dom...READ MOREview in list
RANK131
Global 500 - 2021Total revenue for the world’s biggest companies fe...READ MOREview in list
RANK44
Fortune 500 - 2021This year’s Fortune 500 marks the 67th running of ...READ MOREview in list