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

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.
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Comments (4)
  • coloneldebugger
    , contributor
    Comments (905) | Send Message
     
    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
    , contributor
    Comments (2198) | Send Message
     
    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
    , contributor
    Comments (353) | Send Message
     
    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
    , contributor
    Comments (5131) | Send Message
     
    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
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