Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

What Shifting Consumer Habits Mean For CVS, Pepsi, and Beyond

What Shifting Consumer Habits Mean For CVS, Pepsi, and Beyond

FromWSJ's Take On the Week


What Shifting Consumer Habits Mean For CVS, Pepsi, and Beyond

FromWSJ's Take On the Week

ratings:
Length:
22 minutes
Released:
Feb 4, 2024
Format:
Podcast episode

Description

This week, multinational food, snack, and beverage company, PepsiCo is set to release their fourth quarter financial results. The soda maker has made headlines recently after their products were removed from European supermarket chain, Carrefour. The split follows a recent announcement by PepsiCo's chief financial officer, Hugh Johnston, that the company is expecting to slow price hikes this year. Jeremy Goldberg, portfolio manager at Professional Advisory Services, joins us to share what these moves will mean for investors. Then, we're turning our attention to CVS Health Corp’s earnings this week. The retail pharmacy chain recently announced plans to close dozens of pharmacies inside Target stores as pharmacies struggle to grow retail profits. WSJ reporter Anna Matthews joins to share what this means for the company's future and what it says about the state of drugstores. We wrap up the show with a 'happy birthday' to Meta, which will be celebrating the 20th anniversary of Facebook later this week. Sal Rodriguez, WSJ's social media reporter, joins us to discuss what the tech giant may be looking forward to next.



Further Reading

PepsiCo, Grocery Giant Bicker Over Who Dumped Whom 

CVS Is Closing Pharmacies Inside Some Target Stores 
Released:
Feb 4, 2024
Format:
Podcast episode

Titles in the series (37)

WSJ’s Take On the Week brings you the insights and analysis you need to get a leg-up on the business and financial week to come. In less than 20 minutes, we cut through the noise to explain the major business and financial news that may move markets, all so you can make smarter investing decisions and take on the week with confidence. Episodes drop Sundays. Hosted by Dion Rabouin.