Ep 44: Pepsi Looks A Snack

What’s Going On Here? PepsiCo reported better-than-expected second-quarter sales and profit – but its shares didn’t fizz. What Does This Mean? Last quarter, Pepsi’s “organic” revenue growth (excluding the impact of bought businesses and currency swings – rising US dollar’s value) was 4.5%, beating investors’ forecasts. Compared to the same time last year, Pepsi sold more actual products, and,…