Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


August 28, 2015 8:48 PM ET

Food Products

Company Overview of Frito-Lay, Inc.

Company Overview

Frito-Lay, Inc. manufactures and markets snacks. The company offers potato and corn chips. The company offers gluten-free party and fun snacks. It serves customers in the United States and internationally. Frito-Lay, Inc. was formerly known as The Frito Company and changed its name to Frito-Lay, Inc. in September, 1961. The company was founded in 1932 and is headquartered in Plano, Texas. Frito-Lay, Inc. operates as a subsidiary of Pepsico, Inc.

7701 Legacy Drive

Plano, TX 75024-4099

United States

Founded in 1932

Phone:

972-334-7000

Fax:

972-334-2019

Key Executives for Frito-Lay, Inc.

President
Age: 57
Senior Vice President and Chief Information Officer
Senior Vice President of Portfolio Marketing & Analytics
Senior Vice President of Growth Ventures
Senior Vice President of Supply Chain
Compensation as of Fiscal Year 2015.

Frito-Lay, Inc. Key Developments

Frito-Lay Introduces New Limited-Edition Cheetos Bag of Bones

Frito-Lay, Inc. has announced the introduction of new limited-edition Cheetos Bag of Bones. This new Halloween treat joins last year's multipacks featuring treat-size Cheetos Crunchy snack bags with glow-in-the-dark packaging. Available in 30-count 0.65 oz. bags for a suggested retail price of $5.00, the multipacks offer a delicious savory alternative to Halloween sweets.

Court Approves $1.6 Million Settlement to Rolling Frito-Lay Sales L.P., Frito-Lay Inc. and Frito-Lay Sales Inc

The U.S. District Court for the Central District of California approved a settlement reached in Frito-Lay drivers' lawsuit challenging compensation practices and policies, finding in part that the settlement amount was reasonable given the complexity of the case and the risks of establishing liability and damages. Sidney Elliott sued Rolling Frito-Lay Sales L.P., Frito-Lay Inc. and Frito-Lay Sales Inc. (collectively, Frito-Lay) on behalf of himself and current or former drivers. The complaint alleged that Frito-Lay's scheduling of routes did not allow drivers to take duty-free meal and rest breaks. The complaint further alleged Frito-Lay improperly calculated overtime. The parties negotiated a settlement that obligated Frito-Lay to pay $1.6 million in exchange for a release of claims. Settlement funds would be distributed according to the strength of claims and the number of weeks worked. Elliott moved for final approval and attorneys' fees and costs.

Frito-Lay Introduces New Cracker Jack'D Energy Trail Mixes

Frito-Lay has announced the introduction of new Cracker Jack'D Energy Trail Mixes. Available in two flavors Chocolate Flavored Cherry and Mixed Berry the sweet and savory snack option hits store shelves this month. New Cracker Jack'D Energy Trail Mixes include a unique packaging structure that holds fruit pieces in a separate pouch within the larger package, keeping them tasting fresh while ensuring the granola and nuts stay crunchy and ready to be mixed. The seasoned granola mixed snack is ideal for young adults on the go whether running between classes, enduring the daily commute or jamming on that Saturday morning mountain bike ride. New Cracker Jack'D Energy Trail Mixes join the brand's existing line-up of exciting snacks that feature a variety of flavors including Cheddar BBQ, Spicy Pizzeria, PB & Chocolate and Berry Yogurt. All flavors are packed with tasty granola clusters mixed with nuts to give consumers a hearty, filling snack. The Cracker Jack'D brand was created to meet the demands of the on-the-go adult consumer, featuring "snacks with impact" mixes ranging from tasty clusters mixed with nuts, to sweet and salty popcorn and almond piece clusters all designed to deliver satisfaction to fans throughout the day. Available in convenience stores and grocery stores nationwide, Cracker Jack'D Energy Trail Mixes can be found in 4.5-5 oz bags for a suggested retail price of $3.79. Additionally, the brand added a new flavor to its Hearty Mix line earlier this year: Chocolate Caramel Artificially Flavored Hearty Mix, available in 3-oz bags for a suggested retail price of $2.49.

Similar Private Companies By Industry

Company Name Region
Form-A-Feed, Inc. United States
Empire Kosher Poultry, Inc. United States
ASE Consumer Products Co. United States
The Hervin Company United States
Clofine Dairy & Food Products, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
Bankruptcy
November 9, 2014
Dahl's Foods Inc.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Frito-Lay, Inc., please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.