PepsiCo: Short-Term Pain Leads To Long-Term Gain
PEPPepsiCo(PEP) Seeking Alpha·2024-07-17 10:00
Fotoatelie PepsiCo Inc (NASDAQ:PEP) reported Q2 earnings on the 11th of July, and the results were lackluster. Management repeatedly pointed to the role inflation now plays with price conscious consumers. Compelled by rising logistics and input costs, PEP raised prices over the last few years. In a very real sense, that resulted in the company and shareholders paying the price that consumers are unwilling to shoulder. However, there are positive developments on the horizon, and with inflation up and the ...