It's Tuesday, October 6th.

Welcome to Market Foolery.

I'm Chris Hill joining me in studio today

from a million dollar portfolio, Simon Erickson,

and Jason Moser.

Happy Tuesday, Jenz.

Hi there, Chris.

We've got some earnings from Pepsi.

We've got, well, technically, the earnings.

We've got earnings from the container store, but it's, it's, it's, it's, it's, it's not as good as

Pepsi's.

We'll get into both of those and of course McDonald's rolling out the all day breakfast, but let's start with big beverage.

Pepsi's third quarter profit and revenue coming in better than expected, and we'll

go around the world with Pepsi's report, but right here in North America, they are crushing it.

They've really stepped up their game here.

And that's, that is what is apparently driving this stock today.

They are, Chris.

There's a bigger trend that we're watching at Pepsi as investors and that is that the world is consuming less carbonated beverages.

First we thought sugar was unhealthy, then we thought aspartame could be dangerous and it's

resulted in really kind of a knock against Pepsi's bread and butter both in sales and in their

brand so the question becomes with a company that's got the distribution that they do, can they pivot away from carbonated beverages to other products?

And as you said, I think this quarter, at least as one indicator indicator showing that that yes they can.

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