August 1, 2024 @ 5:33 pm | Breaking News |
Global sales at McDonald’s (MCD) store locations open at least a year fell 1% in the April-June period, the first decline since the final quarter of 2020, the company reported in announcing second quarter earnings. In the United States, sales fell nearly 1%....
October 18, 2023 @ 4:53 pm | Breaking News |
There’s a pattern here: If you’re a big enough consumer goods company with the ability to raise prices and not hurt sales, then the just-ended quarter was a pretty good quarter. Today, October 18, Proctor & Gamble reported fiscal first quarter net...
June 29, 2022 @ 11:43 pm | Breaking News, COST, Jubak Picks Portfolio, Jubak Top 50 Portfolio, KO, PEP, WMT |
It’s not surprising given the greater than expected decline in U.S. first quarter GDP reported on Wednesday, which followed on the slump in consumer confidence reported Tuesday, that stocks in the consumer staples sector outperformed both consumer discretionary...
May 18, 2022 @ 5:12 pm | Breaking News, Dividend Income Portfolio, Jubak Picks Portfolio, Jubak Top 50 Portfolio, KO, PEP |
Ok, the bad news on profit margins from Target (TGT) was a big deal. No argument. When you’re operating margin falls to 5.37% when Wall Street was projecting 9.5%, it’s a big deal. And after yesterday’s earnings miss from Walmart (WMT), it’s...
May 9, 2022 @ 10:37 pm | Breaking News, Dividend Income Portfolio, Jubak Picks Portfolio, Jubak Top 50 Portfolio, PEP |
Last week PepsiCo (PEP) declared a quarterly dividend of $1.15 a share, up about 7% from $1.075 a share. That brings the dividend yield up to 2.7%, almost exactly Coca-Cola’s (KO) 2.72% yield. On the basis of that yield and the pricing power that the company...
April 26, 2022 @ 10:41 pm | Breaking News, Dividend Income Portfolio, Jubak Picks Portfolio, Jubak Top 50 Portfolio, KO, PEP |
Neither company crushed Wall Street earnings expectations, but both reported good enough news in a very tough environment. I own PepsiCo in my long-term 50 Stocks Portfolio, where it was up 220.4% from my initial December 30, 2008 pick as of the close on April 26. I...
July 16, 2021 @ 6:52 pm | Breaking News |
U.S. retail sales surged 18.0% in June from June 2020, the Commerce Department reported today. Demand for goods remained strong but spending is clearly shifting back to services. Stocks fell despite the good news with economic recovery and post-vaccine recovery stocks...
July 14, 2021 @ 7:30 pm | Breaking News |
I’m starting up my videos again–this time using YouTube as a platform. My thirty-third YouTube video “Inflation is here–listen to Pepsi and Conagra” went up today. Please watch and subscribe to my YouTube channel. And like my video. You...
July 9, 2019 @ 7:17 pm | Breaking News, Jubak Top 50 Portfolio, PEP |
Before the open today, July 9, PepsiCo (PEP) announced second quarter earnings ahead of analyst expectations. But with the stock already up 21.69% for 2019 to date, the market shrugged. PepsiCo shares fell 0.62% at the close. PepsiCo has beaten analyst earnings...
September 29, 2016 @ 4:55 pm | Breaking News, Jubak Top 50 Portfolio, PEP, Update |
PepsiCo (PEP) announced third quarter earnings of $1.40 a share, well above analyst estimates for earnings of $1.32. (That’s year over year earnings growth of 4%.)Revenue of $16 billion was down 1.9% year over year–although it would have been up 4.2%...
October 7, 2010 @ 3:05 pm | Leading Indicators |
Oh, no PepsiCo! This isn’t the way to start off third-quarter earnings season. Before the New York Stock Exchange opened this morning, October 7, PepsiCo (PEP) reported third quarter earnings of $1.22 a share, exactly matching the Wall Street analyst consensus....
October 7, 2010 @ 12:44 pm | Leading Indicators |
Disturbing background for the third quarter earnings season that starts this week raises the odds for a dip on earnings news over the next few weeks. Wall Street analysts cut their estimates for 2011 earnings for the companies in the Standard & Poor’s 500 in...
March 24, 2010 @ 10:30 am | Sell |
Shares of PepsiCo (PEP) are inching toward my June target of $68 so slowly that I think it’s time to sell and look for someplace to redeploy the money. With sales of sugared soft drinks stagnant in North America and with PepsiCo announcing that’s it’s going to...
March 15, 2010 @ 12:00 pm | Update |
On Monday, March 15, 2010, the board of directors at PepsiCo (PEP) announced that the company would raise its dividend by 7% to an annual $1.92 a share from the current $1.80. At the 11:30 price of $65.75 that comes to a yield of 2.9%. The company’s next quarterly...
March 1, 2010 @ 3:17 pm | Breaking News, Leading Indicators |
Gee, I really hate this deal. It’s not just that I question the price that Coca-Cola (KO) is paying to acquire the North American operations of its biggest bottler Coca-Cola Enterprises (CCE). The $12.7 billion price works out to about the same multiple that PepsiCo...
October 30, 2009 @ 10:30 am | Breaking News, Leading Indicators |
The weak dollar will finally start showing up as a plus in company earnings in the fourth quarter. It’s been one of the puzzles of recent quarters how a falling dollar could hurt earnings at U.S. companies with big overseas sales such as McDonald’s (MCD), PepsiCo...
October 8, 2009 @ 1:23 pm | Update |
Before the stock market opened on October 8, PepsiCo (PEP) reported third quarter earnings of $1.08 a share (5 cents above Wall Street projections) and revenue of $11.08 billion. The earnings number was 5 cents a share above Wall Street earnings estimates, but the...
October 2, 2009 @ 12:54 pm | Update |
Is the stock market entering a more defensive phase with “safe” sectors such as consumer goods set to outperform for a while? Looks like it to me on the recent data on which sectors have turned hot and which are cooling off. (See my October 1 post...
August 4, 2009 @ 3:00 pm | Update |
The deal is done. On August 4, PepsiCo (PEP) announced that it had completed deals to buy all the remaining shares of it5s tow biggest bottlers, Pepsi Bottling (PBG) and Pepsi Americas (PAS). The price is about $1 billion more than PepsiCo originally offered. (The...
July 22, 2009 @ 1:34 pm | Update |
It’s still the same old story, a song of… Wait. That’s a different story. This one is about the way that a strong dollar has cut revenue and earnings in the second quarter now being reported for the big international consumer companies such as...