Seeking Alpha

PepsiCo earning call: Hints of an in-home beverage play

  • Shares of PepsiCo (PEP -0.9%) are slightly lower again as investors re-align their thinking after hearing the company resist the calls to spin off its beverage business.
  • The focus now falls back on a potential deal with SodaStream or another play in the home beverage industry.
  • During an earnings call yesterday, CEO Indra Nooyi said PepsiCo is testing single serve home delivery concepts before deciding on where to invest.
  • Nooyi on home beverage products: "GMCR is one option. Interestingly, there are multiple, multiple, multiple technologies out there."
  • Does the use of three "multiples" in the sentence indicate PepsiCo has something new up its sleeve?
  • Earnings call transcript
Comments (2)
  • Stanward99
    , contributor
    Comments (135) | Send Message
    I believe all of this to be a Negative to $SODA,The technoligy is already out there so why would $PEP need them ?
    14 Feb 2014, 03:09 PM Reply Like
  • jjnagoings
    , contributor
    Comments (168) | Send Message
    Funny she mentions GMCR, would Coke allow them to make a deal?
    15 Feb 2014, 03:17 AM Reply Like
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