Pepsi: Not The Greatest Execution

Key Points Of The Thesis This section will be a brief summary of the key points of the Pepsi thesis. In this section, I will share my notes from Pepsi's Q2 conference call and attempt to draw some conclusions and second-level thoughts regarding Celsius as well. They provided guidance for the year of +4% in sales and +8% in EPS. They also mentioned that they have experienced supply issues with Quaker, but these should be resolved by Q4, and that the international segment is growing faster overall. One thing ...