Discover and read the best of Twitter Threads about #consumerstaples
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(1/8) At the beginning of the year we highlighted #consumerstaples as a sector that should outperform at this stage of the business cycle. Pepsi $PEP is the latest example with their Q3 earnings report this morning...
(2/8) Remember, people tend to demand consumer staples at a relatively constant level, regardless of price.
The “staple” characteristic in an inflationary environment allows these companies to grow revenue and earnings, even with flat volumes.
The “staple” characteristic in an inflationary environment allows these companies to grow revenue and earnings, even with flat volumes.
(3/8) A few notes from the Pepsi Q3 earnings release: beat on top (revenue) and bottom line (profit), grew EPS (earnings per share) 14% (includes currency headwind)…
