HomeLifestyleFood & BeveragePEP, CAG Revenue Miss, DRI Narrows, ON Downgrade

PEP, CAG Revenue Miss, DRI Narrows, ON Downgrade

PepsiCo (PEP) falls after revenue miss. Conagra (CAG) also ticks lower after a revenue miss and a downbeat profit outlook. Jefferies suspects further narrowing of Darden Restaurants’ (DRI) traffic versus its peers. Morgan Stanley downgrades Onsemi (ON) due to a more “selective approach” to semiconductors. Diane King Hall weighs in on these stories.

Morning Trade Live

11 Jul 2024

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