HomeLifestyleFood & BeveragePepsiCo (PEP) Earnings Beat: Inflation Putting Pressure On Cost
PepsiCo (PEP) Earnings Beat: Inflation Putting Pressure On Cost

"PepsiCo (PEP) had an impressive broad based earnings beat with strong results in Latin America and in Frito-Lay and Quaker divisions. The 13% of organic revenue growth in the first half of 2022 should please investors. More price hikes could be on the way given the lack of demand slowdown," says Mel Casey. "Inflation is putting pressure on the cost line. Earnings show good companies are able to pass through revenue increases. Narratives around cost management programs are worth noting," Greg Portell adds.

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12 Jul 2022

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