3 Things to Watch Out For in PepsiCo Earnings
PepsiCo (NASDAQ: PEP) stock has been a relative winner so far in 2022. Investors have been attracted to the snack and beverage giant thanks to its perceived pricing power, stable business, and rising dividend payment. Those factors have Wall Street feeling optimistic about PepsiCo's returns even through a potential recession on the way.
But that bullish thesis is about to meet a big test. PepsiCo is set to announce its fiscal second-quarter results in just a few days. Let's look at a few ways that investors might be positively surprised when the company issues that report on July 12.
There's been no shortage of worrying signs about consumer demand since the time Pepsi announced its last earnings update in late April, showing strong sales trends as organic revenue soared 14%.
Source Fool.com
