Looking bleak for Frito Lay, NAN & Quaker if any still around.
Beverages are heavy and require more cost due to Uncontrollable's.
I would expect FLNA to become 4 regions before 2023 - All of NAN and Quaker essentially gone...
If growth doesn't happen with chilled G Snacks to DSD expect 4 regions for all GTM by 2023 - Beverage snack combined will be the final synergy.
It's not bad just a future state of our business that we have to be aware of.
It is much easier to cut costs and carve out 1 billion than it is to organically grow revenue.
If you find "offense" to a future state of this industry you should probably take a severance or start looking for a new career. This is where we are and where we are going.