Shares of PepsiCo rose more than 7 percent yesterday (July 17) after the company reported $22.8 billion in revenue and a $1.3 billion profit for the second quarter, both beating analyst expectations. On paper, net income dropped 59 percent from last year due to an asset write-down related to its Rockstar and Be & Cheery brands.

As younger drinkers shun traditional soda brands for gut-friendly alternatives, PepsiCo is hoping to lure them back with its iconic cola flavor. Related video above: Costco shifts from Pepsi to Coca-Cola at its food courts On Monday,

Pepsi's new Prebiotic Cola delivers 3g of fibre, 30 calories, and iconic taste with no artificial sweeteners. A gut-health twist on a classic.

The food giant said its Frito-Lay snack division planned to make a line of Cheetos and Doritos with no artificial colors or flavors, as demand falters.

TheStreet. PepsiCo (PEP) , which owns popular food and drink brands such as Pepsi, Lay’s, Gatorade, Quaker, Tostitos, and more, continues to suffer from a dramatic change in customer behavior, and it is making bold moves to address the problem.

PepsiCo reported higher-than-expected quarterly revenue and profit as the company benefited from demand for its healthier drinks and snacks and kept a tight leash on costs.

As part of PepsiCo, the healthy snacks brand can be rolled out into more locations with an enhanced marketing push. This is Pepsi buying something it probably would have had trouble creating.

PepsiCo announced on Friday their plans to purchase Bare Foods Co, a producer of fruit and vegetable-based snacks to continue their trend of investing in healthy snacking options.

PepsiCo Challenges Itself To Make Healthier Snacks. ... Rocco Papalia opened a small white foil bag at the headquarters of Frito-Lay, the giant snack-food unit of PepsiCo Inc. Inside were potato ...

PepsiCo is a Dividend King by virtue of its 53 consecutive years of payout hikes. The current dividend, which now pays $5.69 per share annually, returns a dividend yield of 3.8% after the post-earnings surge in the stock.

Coca-Cola (NYSE: KO) and PepsiCo (NASDAQ: PEP) made their names peddling sugary drinks. Traditional soda sales, however, have been falling, forcing. PepsiCo Continues Its Push Into Healthy Snacks ...