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PepsiCo Earnings: What to Watch

TheMotleyFool

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Investors are feeling more optimistic about PepsiCo (NASDAQ: PEP) as it heads into the final quarter of 2019. The consumer staples giant is seeing faster growth overall thanks to robust demand -- and higher prices -- across its snack portfolio. The soda division is lagging, but price hikes and cost cuts combined to lift margins in the most recent quarter.

Back in July, CEO Ramon Laguarta and his team predicted weaker results for the second half of the year, on the top and bottom lines. Yet investors are still hoping to see evidence of firming operating trends when Pepsi reports third-quarter results on Thursday, Oct. 3.

Let's take a closer look.

Source Fool.com

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