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Wednesday, Oct 17
2012, 8:56 AM
Highlights from PepsiCo's (PEP) earnings conference call: The company sees tremendous growth...
Highlights from PepsiCo's (PEP) earnings conference call: The company sees tremendous growth opportunities in Southeast Asia and calls out Gatorade to see a short-term sales boost. On an interesting note for Monster Beverage (MNST) investors, the company takes a rather tepid stance toward making any aggressive M&A plays in the energy drink sector. Execs pass on issuing any guidance for 2013 when asked, saying they will give estimates when Q4 results are released in February. Shares -0.2% premarket. (webcast)