Economy

Inflation is dominant topic on earnings calls. What execs are saying

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Pepsi products are displayed for sale in a Target store on March 8, 2022 in Los Angeles, California.

Mario Tama | Getty Images

One thing is clear at the start of the corporate earnings season: Inflation remains a hot topic for companies.

About two-thirds of companies in the S&P 500 that reported earnings in the first two weeks of the season (Oct. 10-21) had representatives mention inflation, according to a search of conference call transcripts by FactSet. Included among those companies are PepsiCo, Citigroup and Abbott Laboratories.

“The environment clearly is still very inflationary with a lot of supply chain challenges across the industry,” said PepsiCo CEO Ramon Laguarta. The snack and…



Source cnbc.com

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