The Week Ahead: Inflation Data on Tap, Coke and Pepsi Report
The consumer price index will be closely watched, and earnings will continue to trickle in.
Jeremy Glaser: Earnings will continue to drip in this week. PepsiCo, Coca-Cola, and Dr. Pepper Snapple are all on tap. Analyst Sonia Vora expects Pepsi to end the year on solid footing as it shifts away from carbonated soft drinks. For Coke, Vora notes that the firm has been showing good pricing power as it refranchises its bottling operations even as volume growth remains tepid. The focus for Dr. Pepper will be on its upcoming merger with Keurig.
Other earnings include hotel brands Hilton and Marriott; CBS, which is conserving re-combining with Viacom again; Campbell Soup; and Kraft Heinz.
Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.