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Frito-Lay, Inc. (/ ˈ f r iː t oʊ l eɪ /) is an American subsidiary of PepsiCo that manufactures, markets, and sells corn chips, potato chips, and other snack foods.The primary snack food brands produced under the Frito-Lay name include Fritos corn chips, Cheetos cheese-flavored snacks, Doritos and Tostitos tortilla chips, Lay's and Ruffles potato chips, Rold Gold pretzels, and Walkers ...
But with shares down 10% from May's peak and back to their late-2021 price, these challenges are largely already reflected in the stock's price and then some, given how Laguarta defined Frito-Lay ...
The dividends add up to approximately $3.16 per share, a 5.3% yield at the current price. Realty Income has also raised its dividend yearly since going public, a 31-year streak.
Frito-Lay North America Sales: ... The bad news was that it appears PEP's aggressive price increases are beginning to hurt volumes, as beverage volumes were down 1% and food/snack volumes fell 3% ...
Strauss and Elite merged in 2004 [14] to become Strauss–Elite, which, in 2005, acquired control of New York-based Sabra food producing company, to operate as a joint-venture with Frito-Lay, a division of PepsiCo. In December 2005, Strauss–Elite merged its coffee activity with Santa Clara Indústria e Comércio de Alimentos Ltda in Brazil ...
Lay's Wow Chips were fat-free potato chips produced by Frito-Lay containing Olestra. They were first introduced in 1998, and were marketed using the Lay's, Ruffles, Doritos, and Tostitos brands. Although initially popular, charting sales of $400 million in their first year, they subsequently dropped to $200 million by 2000, as Olestra caused ...
But net income attributable to the company amounted to $3.08 billion or $2.23 per share, rising from last year’s comparable quarter when PepsiCo earned $2.75 billion, or $1.99 per share. When ...
Lay's (/ l eɪ z /) is a brand of potato chips with different flavors, as well as the name of the company that founded the chip brand in the United States. The brand is also referred to as Frito-Lay, as both Lay's and Fritos are brands sold by the Frito-Lay company, which has been a wholly owned subsidiary of PepsiCo since 1965.