Why Trump and Biden should take a few minutes to read Big Food earnings call transcripts: Morning Brief

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 33 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 63%

President Biden 뉴스

Pepsico,Conagra Brands,Trump

The earnings calls of Big Food makers sound the alarm bell on the state of the consumer.

He's running a country and a reelection campaign . He is studying poll numbers. He'sby those in his own party to step down as the Democratic nominee. He's contending with challenges to a golf match by Trump. He's a husband, father, and grandfather.As for Trump, he is playing a lot of golf, campaigning, fighting off legal troubles, and trying to recover speedily from an assassination attempt.

These are the people who need an explanation of what is truly going on with prices and how four more years of the Biden administration will lessen the financial pain. Or how four more years of Trump will eradicate inflation for some time. Communicate clearly and effectively; the average household needs to hear it.

That said, I left the call feeling the consumer is in a darker place than many people think. It's not often you hear a food CEO say potato chips need a "value reset," which is another way of saying potato chips have gotten too expensive.Expect more of this lingo as other food companies report earnings soon.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 47. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인