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Stock impact report

PepsiCo Expands Doritos Into Protein Snacks As Growth Story Evolves [Yahoo! Finance]

PepsiCo, Inc. (PEP) 
Last pepsico, inc. earnings: 4/28 06:03 am Check Earnings Report
US:NYSE Investor Relations: pepsico.com/investors
Company Research Source: Yahoo! Finance
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. PepsiCo, ticker NasdaqGS:PEP, has launched Doritos Protein, a new high protein snack line. The company is partnering with Jack Link's to roll out Doritos branded meat sticks and jerky products. These moves expand PepsiCo's presence in the functional and protein focused snacking category. For investors watching PepsiCo at a share price of $159.43, this product push comes as the stock shows mixed recent returns, with a 6.1% decline over the past week and a 6.5% decline over the past 30 days. Over a longer horizon, NasdaqGS:PEP has posted gains of 12.1% year to date and 39.9% over five years, which frames this product expansion against a backdrop of generally positive multi year performance. This step into higher protein snacks and branded meat products reflects PepsiCo looking beyond its traditional mix of beverages and chips to reach new consumer segments f Show less Read more
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