Information Provided By:
News For PEP From the Last 2 Days
PEP
Mar 27, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here
PEP
Mar 27, 2024 | 09:59 EDT
After Celsius (CELH) filed an 8-K after the close with an amendment to its distribution agreement with PepsiCo (PEP) that outlines a new incentive program, Morgan Stanley analyst Eric Serotta spoke with Celsius management, who said that the new program should help it achieve its long-term growth aspirations. Importantly, management said the program doesn't change the company's long-term margin potential or short-term margin outlook, as there are mechanisms in the program for both parties to benefit financially if certain key performance indicators are reached, noted the analyst, who maintains an Equal Weight rating and $75 price target on Celsius shares.
PEP
Mar 27, 2024 | 07:42 EDT
In a regulatory filing last night, Celsius Holdings (CELH) disclosed that the company entered into an amendment to its distribution agreement dated August 1, 2022 with PepsiCo (PEP) as the distributor, pursuant to which the company will provide the distributor with an incentive program, as set forth in the amendment, designed to incentivize and compensate the distributor for its continued focus on and actions to support the licensed products in the territory, as such terms are defined in the agreement. Reference Link