Pepsico CFO Said As We Get Into Next Year There Will Be Some Modest Level Of Price Increases Coming"
Portfolio Pulse from Charles Gross
Pepsico's CFO has indicated that there will be some modest level of price increases in the coming year, according to an interview cited by Reuters.
October 10, 2023 | 11:50 am
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NEUTRAL IMPACT
Pepsico's CFO has indicated a modest price increase for the next year. This could potentially increase revenues but may also impact demand.
The announcement of a price increase by Pepsico's CFO could have a mixed impact on the company's stock. On one hand, it could lead to increased revenues if the demand remains stable. On the other hand, it could also lead to a decrease in demand if consumers find the price increase too high. The net effect on the stock price is uncertain in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100