PepsiCo, Inc.

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--Kontoor Brands, Inc. (NYSE: KTB) (the “Company” or “Kontoor”), today announced that Jamie Caulfield and Michael Skipworth have been elected to the Company's board of directors effective immediately. Additionally, the Company announced an increase in the size of the Board from seven to nine directors. "We're excited to welcome Jamie and Michael to Kontoor's Board of Directors," said Scott Baxter, Chief Executive Officer & Chairman of the Board of Kontoor. ".

PepsiCo sits near a 52-week low while the rest of the market chases AI momentum, and the gap between where it trades and where the fundamentals point is getting harder to ignore.

PEP is expanding zero-sugar drinks, using innovation, pricing and broad distribution to capture evolving beverage demand and support sustainable growth.

The State Street Consumer Staples Select Sector SPDR ETF (XLP) has climbed 6.6% so far in 2026, according to State Street data as of September 21. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) has fallen more than 7% over the same stretch, a 13.