Company Overview of Frito-Lay North America, Inc.
Frito-Lay North America, Inc. produces and sells snacks. The company offers a range of gluten-free party and fun snacks. It serves customers through retailers in North America. The company was incorporated in 1989 and is based in Plano, Texas with operations in the United States and Canada. Frito-Lay North America, Inc. operates as a subsidiary of Pepsico, Inc.
7701 Legacy Drive
Plano, TX 75024-4099
Founded in 1989
Key Executives for Frito-Lay North America, Inc.
Chief Financial Officer and Senior Vice President
President of Pepsico Foods Canada
Senior Vice President and Chief Information Officer
Senior Vice President and General Counsel
Compensation as of Fiscal Year 2013.
Frito-Lay North America, Inc. Key Developments
Frito-Lay North America, Inc. Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 7, 2013
Oct 16 13
Frito-Lay North America, Inc. announced unaudited earnings results for the third quarter and nine months ended September 7, 2013. For the quarter, net revenue was $3,424 million against $3,269 million a year ago. Operating profit was $977 million against $917 million a year ago. Non-GAAP operating profit was $6 million compared to $1 million for the last year. Organic and reported net revenue increased 5% in the quarter, reflecting a 3-percentage-point increase in organic volume and 2 percentage points of effective net pricing. Core constant currency operating profit grew 6% in the quarter, reflecting organic revenue gains, productivity initiatives, increased advertising and marketing expense and lower commodity costs.
For the nine months, the company’s net revenue was $9,879 million compared to $9,472 million for the last year. Operating profit was $2,711 million compared to $2,532 million for the last year. Non-GAAP operating profit was $6 million compared to $1 million for the last year.
Stacy's Snacks Introduces Elevated Snack Experience with New Line of Stacy's Bake Shop Bakery Crisps
Oct 15 13
Stacy's Snacks introduced Stacy's Bake Shop Bakery Crisps, a sweet and savory line-up of artisan bakery bread snacks ideal for a quick "time out" from it all. The remarkably tasty crisps are made from real bakery breads, which are sliced thin and twice-baked to achieve the perfect crunch. Both the sweet and savory varieties pair well with fresh fruit, dips and spreads, or they can be enjoyed on their own. Available in retail locations nationwide, Stacy's Bake Shop Bakery Crisps include: Herbed Baguette: Garlic and rosemary flavors in these baguette crisps make the perfect base to top with fresh chicken salad for a quick appetizer or evening snack. Pretzel Bread: Pretzel lovers will find these crisps quite tasty dipped in mustard or paired with their favorite cheese. Banana Nut: The rich bananas and nutty pecans in these crisps pair well with fresh berries, honey and jam. Vanilla Pound Cake: These crisps make a decadent tasting dessert or sweet evening treat, especially when topped with caramel sauce, whipped cream or yogurt. Stacy's Bake Shop Bakery Crisps are available in 5-oz packages for a suggested retail price of $4.29.
Frito-Lay North America, Inc. Unveils Compressed Natural Gas Fueling Station in Beloit
Jun 19 13
Frito-Lay North America, Inc. unveiled Compressed Natural Gas (CNG) fueling station in Beloit, Wis. The station opening is part of Frito-Lay's large-scale commitment to alternative fuel. In 2013, the company will break ground on seven public CNG fueling stations across the U.S. and continue to grow its CNG fleet, bringing the total number of its CNG tractors to 208. The new CNG fueling stations will not only provide fuel for these tractors and help pave the way for more CNG vehicles to be introduced into the Frito-Lay fleet, but will also make available fuel for other companies currently using or considering alternative fuel vehicles in the future. The seven new fueling stations, along with three other stations that will be in operation this year, will begin at a total expected annual volume of two million gallons and grow to a little over eight million gallons in five years.
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