Why You'll Want to Watch PepsiCo Stock Next Week
PepsiCo (NASDAQ: PEP) shareholders have been winners in recent months. The snack and beverage stock is trouncing the market over the past year despite fears of inflation and slowing economic growth. Pepsi has returned 20% in that time compared to an 8% increase in the S&P 500.
That overperformance is due to expectations that the company will see strong growth in 2022 and won't struggle to pass along higher prices to fans of brands like Doritos and Quaker Oats. It's also thanks to PepsiCo's rock-solid business and its ability to send a growing stream of cash back to shareholders through dividends and stock buybacks.
That bullish thesis will be tested with the company's upcoming earnings report, though, which might include slowing growth and reduced profitability. Let's look at a few metrics Wall Street will be watching in that announcement, set for Tuesday, April 26.
Source Fool.com
