What Dividend King Pepsi's Recent Earnings Report Just Told Investors About the Broader Economy

Pepsi is still delivering solid earnings growth despite concerning buyer trends. Despite reporting disappointing third-quarter 2024 earnings on Oct. 8, PepsiCo (PEP 1.05%) stock rose modestly during the session likely because investors were expecting even worse results. Pepsi is a global company that covers key food and beverage categories -- making it a bellwether in the consumer staples sector and a good yardstick for measuring consumer spending. Here's are some key takeaways from Pepsi's results and earn ...