Pepsico (PEP) Earnings Breakdown: Make America Healthy Again?

Garrett Nelson and Phil Kafarakis break down Pepsico (PEP) earnings. Phil argues that the proposals from activist investor Elliott are being taken seriously and highlights their unveiling of snacks without artificial dyes or flavors. Garrett thinks that those moves are hitting their margins, which is “one of the main things weighing on the disappointing gross margins.” He looks at potential divestments that could create value.

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