PepsiCo says investments made in its brands, consumer insights, manufacturing and go-to-market execution are fueling growth across the portfolio, with double-digit net revenue growth in Gatorade and high-single-digit net revenue growth in Pepsi, Starbucks and Rockstar. In January, PepsiCo announced the launch of its new lemon-lime soda brand Starry into the U.S. market, and in April unveiled a new logo and visual identity for its flagship soft drink Pepsi.

The owner of Doritos, SodaStream and Lay’s made several investments in UK and Ireland, including a £58 million investment in its Walkers crisp production factory in Leicester, UK, focused on delivering “sustainable growth,” and a €127 million investment at its Little Island, Cork, manufacturing facility in Ireland to increase R&D and manufacturing capacity. Meanwhile, PepsiCo divested its 48% stake in International Dairy and Juice to Saudi Arabian dairy company Almarai for SAR 255 million (approx. $68 million).