PepsiCo to buy prebiotic soda brand Poppi for nearly US$2-billion [Globe and Mail, The (Toronto, Canada)]
Celsius Holdings, Inc. (CELH)
Last celsius holdings, inc. earnings: 3/12 08:30 am
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Source: Globe and Mail, The
PepsiCo PEP-Q +1.74% increase said on Monday it would buy prebiotic soda brand Poppi for $1.95 billion, expanding into the “healthier soda” category at a time when the company is battling falling demand for its traditional beverages and snacks. Shares of PepsiCo were up 1.6 per cent in early trading. Young Americans are increasingly turning to healthier sodas and energy drinks as part of a broader shift to fitness and lifestyle products, with rival Coca-Cola expanding its Simply brand to launch a prebiotic soda called “Simply Pop.” Peers such as Celsius Holdings and Keurig Dr Pepper have also targeted the market by snapping up smaller energy and wellness drink makers. The Poppi deal boosts PepsiCo’s presence in the healthy drinks category at a time when multiple price hikes weigh on demand for its sodas and Lay’s snacks, pushing the company to forecast weak annual profit. Prebiotic sodas have become a top-growing category in the U.S. within the carbonated drinks segment (CSD), po
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CELH
Earnings
- 11/6/25 - Beat
CELH
Sec Filings
- 12/11/25 - Form 4
- 12/11/25 - Form 4
- 12/11/25 - Form 4
- CELH's page on the SEC website