|
|
Pepsico slurped up 21 percent more in beverage sales during this year’s second quarter than a year earlier, when the COVID War shut down bars, restaurants, and public gatherings.
Consumers used some of those extra drinks to wash down 6 percent more Frito Lay chips and other snacks than in the second quarter of 2020.
Quarterly sales fell 14 percent at the company’s Quaker division, known for its oatmeal; as the virus retreated and more people returned to work, with fewer breakfasting at home this year.
However, Quaker’s revenue for the quarter was 9 percent greater than in the second quarter of 2019.
With working from home as a new normal for millions of office workers, sales of oatmeal, pancake mix, and other breakfast items are likely to remain healthy, Pepsico predicted.
The company’s net revenue in the second quarter was 20.5 percent greater than the same period last year, reaching $19.2 billion and beating analysts’ forecast of $17.9 billion.
Because sales grew faster in that period than Pepsico expected, it has raised its 2021 earnings forecast from the high single digits to 11 percent.
TREND FORECAST: We note this article to again illustrate the junk food/junk drink direction the general public keeps heading towards.
As we have detailed in numerous Trends Journals, the statistics prove that it’s media hype that the general society has taken measures to improve their health. In fact, general health is declining.
Indeed, again, as we have been writing since the COVID War was launched a year and a half ago, the largest percentage of COVID victims are those suffering from obesity, Type 2 diabetes and respiratory ailments… which are greatly induced by gobbling up junk food and guzzling down junk drinks.
Yet, getting healthy and staying healthy to fight the virus is banned from the mainstream media, who, as they do with Big Pharma… the media gets a massive proportion of advertising revenue from the junk food/junk drink dealers.
Thus, across the globe, more people’s health will decline as they eat and drink what is being sold to them through advertisements.
On an up note, there will also be increasing OnTrendpreneur® opportunities for whole health healing practitioners and “clean food” providers to service a sizable health conscious minority who will be engaged in a New Age 2.0 movement.