Your email has been successfully added to our mailing list.

×
-0.000225515463917687 0.000128865979381326 -0.000644329896907363 -0.000451030927835191 -0.000676546391752694 -0.00209407216494856 -0.00180412371134021 -0.00180412371134021
Stock impact report

Guru sues PepsiCo for alleged distribution agreement breach [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
In a statement yesterday (20 April), Guru said it has filed a statement of claim in the Ontario Superior Court of Justice. The Montreal-based company is seeking C$15m ($11m) in damages from The Pepsi Bottling Group (Canada). Guru is also asking for C$164,753 in unpaid receivables. PepsiCo's Canadian subsidiary told Just Drinks it plans to "vigorously defend against Guru's claim" and is pursing its own. Carl Goyette, Guru's president and CEO, said: “Filing this claim is a matter of defending shareholder value on a set of issues we have attempted to resolve privately. "Our focus and our capital remain on expanding distribution, advancing our Zero Sugar pipeline, and executing against the priorities we set out in our March 12 Q1 release.” The lawsuit centres on a distribution deal signed in 2021 that made The Pepsi Bottling Group (Canada) Guru's sole Canadian distributor for an initial ten-year term. Guru claims PepsiCo's subsidiary terminated the arrangement without cause i Show less Read more
Impact Snapshot
Event Time:
PEP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for PEP alerts
Opt-in for
PEP alerts

from News Quantified
Opt-in for
PEP alerts

from News Quantified