Second quarter profits in revenue came in higher than expected. For the second quarter in a row, pepsy raised guidance. It is basically flat for the year but that is well ahead of the s an p 500. Here we have organic growth, which grew 13 % in the second quarter. We've seen the worst of this inflationary spike. This company is really performing according to plan.
Pepsi is not an obvious candidate if you're looking for companies with pricing power, but the latest quarter proves Pepsi's got it.
(0:21) Asit Sharma discusses: - Pepsi's strong quarterly results in the face of inflation and other headwinds - Gatorade and Doritos helping to fuel better-than-expected profits - Why he's keeping a close eye on Etsy's upcoming earnings report
(10:09) Robert Brokamp talks with former FDIC chair Sheila Bair about how students can get smarter about debt and one "stressful" economic problem catching her attention. Bonus resource - https://www.studentdebtsmarter.org
Stocks mentioned: PEP, KO, KDP, ETSY, MS, GS
Host: Chris Hill Guests: Asit Sharma, Robert Brokamp, Sheila Bair Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
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