Stock downgraded by JPM…Stock trading at 52 week low
6 replies (most recent on top)
@ka These Indian Consulting firms are all in bed with Corporate America. Sad but true
@gv I thought that was normal for them. Hire consultants and contractors for everything. I wonder if some employees are receiving financial incentives from these contracting companies. Directly? Stocks?
Stock is trading at a 6 year low. This is what you can expect from a Leadership Team that has not actually worked in the field. Now, they hired a consultant to lead supply chain. Didn't they learn their lesson the last time they did that 20 years ago.
Sell-sell-sell!!!
They’re pushing Ramon out quickly. A beverage franchise seems likely in some capacity, with chips heading to the warehouse as fast as possible. Network now, our bottlers own some of the most desirable places to live across North America.
Second downgrade this week. Very reflective of the markets confidence in PEP leadership for price strategy and execution. I see nothing but cost cutting and “make you work harder” plans for next year.
In April, Ramon gave statements about the company turning around and then by July warnings about the wheels falling off. What changed in that 3 months? Obviously there were signs of problems across the past 3-5 years and no plans to fix it were effective.