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Motley Fool Hidden Gems Investing

Starbucks > Pepsi > Coke

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 9 October 2024

⏱️ 29 minutes

🧾️ Download transcript

Summary

For investors who are after steady, mature companies, beverage companies might be a good place to start. But not all of them bring the same returns to the table. (00:21) Jason Hall and Mary Long discuss: Recent earnings from PepsiCo Various forms of “flation” WeightWatchers’ foray into the GLP-1 market Then, (15:04) Adam Comora and Jon Maurer, co-CEOs of OPAL Fuels, join Mary to talk about the push for renewable natural gas within the trucking industry. Vote for Motley Fool Money as Signal’s Best Money and Finance Podcast: https://vote.signalaward.com/PublicVoting#/2024/shows/general/money-finance Learn more about the Range Rover Sport at www.landroverusa.com Companies mentioned: PEP, KO, SBUX, WW, LLY, OPAL Host: Mary Long Guests: Jason Hall, Adam Comora, Jonathan Maurer Producer: Ricky Mulvey Engineers: Rick Engdahl, Desiree Jones Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

We're talking snacks and copycats. You're listening to Motley Full Money.

0:08.6

I'm Mary Long joined today by Jason Hall. Jason, thank you very very much for being here with us this morning.

0:19.0

Hey Mary.

0:20.0

So we are going to kick things off with PepsiCo because they reported earnings yesterday.

0:28.0

The big story per management is that Americans are more value conscience.

0:33.2

So Pepsi seeing this play out in their results.

0:36.2

A couple big items, revenue of $22.5 billion for the quarter,

0:41.2

that's down a bit from a year ago and it's shy of analyst

0:44.6

expectations which were closer to 22.6 billion bucks. Net income came in at

0:49.6

2.93 billion dollars.

0:52.6

It's also down year over year, also missed analyst estimates.

0:57.4

If you break this up into segments, it's really only beverage sales that saw an uptick in the North American segment for

1:04.7

beverage sales that uptick was minimal it was about 2 tenths of a percent.

1:08.2

Europe saw a bit more traction closer to 6.5 percent increase but

1:12.3

pretty much every other segment, which

1:14.0

includes a lot of salty, sweet, snacks, those are all down. Whether it's any of

1:20.0

those items or something entirely different, What are your headlines from this report?

1:23.7

Yeah, I think it's, my headline would be, it's fine.

1:27.0

Everything's fine.

1:28.7

But we're also gonna buy this really interesting clean foods,

1:32.2

Mexican snack foods company because it's not really like fine fine.

1:37.2

It's interesting what's going on because we look at the long-term trends

...

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