Market Currents

PepsiCo (PEP -1%) issues a weak outlook for the year, indicating that "extraordinary levels of...

Thursday, February 10, 2011, 9:37 AM ET
PepsiCo (PEP -1%) issues a weak outlook for the year, indicating that "extraordinary levels of inflation" in commodities will be tough to pass along to consumers. Goodyear (GT +3.5%) expects its Q1 raw material costs to increase 25%-30% Y/Y. Just two of the latest examples of the commodities surge that's starting to weigh on corporate margins.

This Market Current was sent to 10,301 people who get email alerts on PEP.

Get email alerts on PEP »

Share this Market Current

Short URL:

Track new comments on this story

This news story has 4 comments:

coloneldebugger Comments (834)

how can all these companies be talking about inflation? haven't they heard uncle sam say that there is none?

10 Feb 2011, 09:42 AM Reply Like

Papaswamp Comments (2114)

But the SA chart of the day says there is no inflation. Guess Pepsi is telling a fib....

10 Feb 2011, 09:44 AM Reply Like

alan.greenscam Comments (354)

Pretty amazing that Pepsico would indicate that when revenues beat guesstimators and are expecting a 7 or 8% increase in revenues for 2011...... what's "weak" is the hidden agenda behind this article....

10 Feb 2011, 09:49 AM Reply Like

youngman442002 Comments (5033)

So to me that means that profits will be down in the future......and sales will be down in the future.....but everyone will beat estimates...

10 Feb 2011, 10:01 AM Reply Like

LATEST|

TODAY SO FAR|

YESTERDAY

Other date

DJIA (DIA) S&P 500 (SPY)