Why PepsiCo Isn't Worried About Falling Margins
PepsiCo (NASDAQ: PEP) is right where it wants to be. The company just affirmed its aggressive growth outlook for 2021 after logging modest growth in the fiscal first quarter. While sales gains slowed compared to last year, Pepsi is still boosting volumes in both its beverage and food divisions.
In a conference call with Wall Street analysts, CEO Ramon Laguarta and his team broke down the latest results while adding context to their fiscal year outlook. Let's look at some highlights from that presentation.
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Source Fool.com
