Martín Caballero

The food and beverage giant rode gains outside the U.S. that pushed organic revenue up 2.4% in the quarter, with net revenue up 6.4%. But PepsiCo chairman and CEO Ramon Laguarta acknowledged that the ongoing conflict in Iran and its subsequent effects on global gas prices have accelerated a change in consumer behavior.

Trek One Capital is expanding its holdings in plant-based CPG with a pair of acquisitions: flax milk brand Good Karma Foods and protein bar maker No Cow.

Soaring global demand for functional nutrition products, with protein at the forefront, pushed sales up 2.7% in Q1 2026 on the back of 1.5% increase in volume and 1.2% bump in average pricing.

The Connecticut-based firm said its Fund II, launched in December 2025, will continue to focus on majority equity investments in the range of $25 to $250 million.

As CEO of Bel North America, McGuinness is set to oversee the company’s business across the U.S. and Canada, which includes three offices and five manufacturing facilities in the two countries.

President Donald Trump issued an executive order on Thursday directing the U.S. Attorney General to move cannabis from a Schedule I to Schedule III controlled substance, marking a watershed moment in the history of U.S. marijuana policy and a significant step forward for the nascent THC-infused beverage industry.

PepsiCo allegedly created a soft drink “price gap” with Walmart, creating a system that allowed the world’s largest retail to obtain preferential promotional payments, while those same payments were reduced for Walmart’s competitors, according to court documents unsealed last week.

Laird Superfood reported a 10% jump in year-over-year net sales in Q3, as the company prepares to support that growth with innovation within a streamlined product portfolio in 2026 that includes its first-ever dairy-based release.

Oatly achieved its first quarter of profitable growth since going public, reporting gains in revenue and volume, despite nearly suffering a 10% drop in North American sales.

PepsiCo is facing pressure from an activist investor to make a broad series of strategic changes, including restructuring its beverage division to welcome franchise bottlers back into the fold.