2024-07-16 22:00:07 ET
Summary
- PepsiCo reported lackluster Q2 earnings, citing inflation impacting price conscious consumers.
- Despite challenges, positive developments are on the horizon, with the stock down double digits.
- Pepsi's strong brand appeal, international growth potential, safe dividend, and undervalued stock make it a compelling long-term investment.
PepsiCo Inc ( 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....
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PepsiCo: Short-Term Pain Leads To Long-Term Gain