PepsiCo and Conagra plan to battle rising costs with higher prices

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PepsiCo and Conagra plan to battle rising costs with higher prices

CNBC2021-07-13

PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates. Earlier, the Department of Labor reported that the consumer ...

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NP_YT
·2021-07-14
Good to change!
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1
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丰人
·2021-07-14
Like.
Reply
Like
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YMF808
·2021-07-14
Really coming?
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3
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Rozilla
·2021-07-14
Inflation
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3
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ML808
·2021-07-14
Inflation coming?
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4
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Fold Replies
- ML808:
  yes
  2021-07-14
  Reply
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Alice156
·2021-07-14
Ok
Reply
2
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- shawnhuat:
  k
  2021-07-14
  Reply
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jacksoncheng
·2021-07-14
inflation！！
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3
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Zivcheah
·2021-07-14
Done
Reply
1
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Jasonsu
·2021-07-14
nice
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Zuoshiling
·2021-07-14
Price increasing
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2
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- Skysy:
  inflation indeed
  2021-07-14
  Reply
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- jacksoncheng:
  damn IT
  2021-07-14
  Reply
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Anonymousone
·2021-07-14
Nice
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2
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KevinToh
·2021-07-14
Good
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JeromeAng
·2021-07-14
Coke is nicer
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3
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- 此处不留爷自有留爷处禁言:
  Follow me, follow me, make predictions
  2021-07-15
  Reply
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- Joyh:
  Yes
  2021-07-14
  Reply
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JeromeAng
·2021-07-14
?
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2
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- Anonymousone:
  Nice
  2021-07-14
  Reply
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beebeeyan
·2021-07-14
ok
Reply
4
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yeeyee
·2021-07-14
[微笑]
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4
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- beebeeyan:
  ok
  2021-07-14
  Reply
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- Mousey:
  Ok
  2021-07-14
  Reply
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Whateverlah
·2021-07-14
Cool
Reply
5
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- Whateverlah:
  Let’s all drink coke
  2021-07-14
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davloh
·2021-07-13
Yes
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2
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- Jayden86_:
  ?
  2021-07-13
  Reply
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- zac90:
  cool
  2021-07-14
  Reply
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- davloh:
  ?
  2021-07-18
  Reply
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Kohjiahao
·2021-07-13
Ok
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3
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- Praveenh:
  Hi
  2021-07-13
  Reply
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BBBBBBBBBB
·2021-07-13
Ok
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4
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It's the biggest monthly gain since August 2008. Food prices rose 0.8%. The Federal Reserve's current position is that current inflationary pressures are \"transitory,\" although the central bank's New York districtfound that consumers have different expectations.\nMaybe that's because they'll soon see higher prices on products like Slim Jim jerky and Orville Reden bacher popcorn, which are owned by Conagra. CEO Sean Connolly said in a statement that the company has upgraded its existing plans to respond to higher input costs. He explained that inflation accelerated during thefiscal fourth quarterended May 30, leading the company to expect \"materially higher\" costs than it did at the end of its fiscal third quarter in late February.\n\"While we are pleased with the initial results, there will be a lag between the time we are hit with higher costs and when we realize the benefits of our actions,\" Connolly said in the statement.\nThe delay is expected to hit Conagra's results over the next six months, leading the company to cut its fiscal 2022 forecast. The news hit Conagra's stock, dragging shares down by more than 4% in morning trading despite beating Wall Street's estimates for its top and bottom lines. The stock has fallen 5% this year, shrinking its market value to $16.5 billion.\nLikewise, Pepsi is also seeing higher costs for some ingredients, freight and labor. During a conference call Tuesday, CEO Ramon Laguarta told analysts that the company thinks it can manage the higher costs through a combination of higher prices and increased productivity. CFO Hugh Johnston said that Pepsi expects to continue its pattern of hiking prices after Labor Day.\nPepsi executives made similar comments on the prior quarter's conference call, although inflation has accelerated since then. Luckily for Pepsi, its ingredient basket is diverse, and no single commodity accounts for more than a tenth of the basket.\nPepsi shares rose more than 2% in morning trading, setting an all-time high for the stock, after thecompany's second-quarter earnings crushed Wall Street's estimates. The company also raised its forecast as consumers returned to restaurants and movie theaters. The stock is up 3% this year, giving it a market value of $212 billion, nearly 13 times that of Conagra.\nInflation is also trickling down to another kind of food buyer: restaurants.Chipotle Mexican GrillCEO Brian Niccol said on CNBC's\"Squawk Box\"on Tuesday that the burrito chain is seeing some cost pressure.\n\"Whether or not that is permanent in some of the key inputs for our business is to be determined, but I think the positive is that the supply chain is starting to break through some of the bottlenecks that we were battling throughout Covid,\" he said.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":145893337,"gmtCreate":1626214847329,"gmtModify":1703755503246,"author":{"id":"3572043809285615","authorId":"3572043809285615","name":"NP_YT","avatar":"https://static.itradeup.com/news/fad9f70abb174e3e09e4caf3f9c0c13a","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3572043809285615","authorIdStr":"3572043809285615"},"htmlText":"Good to change!","listText":"Good to change!","text":"Good to change!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145893337","repostId":1147338005,"repostType":4,"repost":{"id":"1147338005","kind":"news","pubTimestamp":1626189111,"share":"https://ttm.financial/m/news/1147338005?lang=&edition=fundamental","pubTime":"2021-07-13 23:11","market":"us","language":"en","title":"PepsiCo and Conagra plan to battle rising costs with higher prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1147338005","media":"CNBC","summary":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to","content":"<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PepsiCo and Conagra plan to battle rising costs with higher prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepsiCo and Conagra plan to battle rising costs with higher prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 23:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAG":"康尼格拉","PEP":"百事可乐"},"source_url":"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1147338005","content_text":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer price index jumped 5.4% in June compared with a year ago. It's the biggest monthly gain since August 2008. Food prices rose 0.8%. The Federal Reserve's current position is that current inflationary pressures are \"transitory,\" although the central bank's New York districtfound that consumers have different expectations.\nMaybe that's because they'll soon see higher prices on products like Slim Jim jerky and Orville Reden bacher popcorn, which are owned by Conagra. CEO Sean Connolly said in a statement that the company has upgraded its existing plans to respond to higher input costs. He explained that inflation accelerated during thefiscal fourth quarterended May 30, leading the company to expect \"materially higher\" costs than it did at the end of its fiscal third quarter in late February.\n\"While we are pleased with the initial results, there will be a lag between the time we are hit with higher costs and when we realize the benefits of our actions,\" Connolly said in the statement.\nThe delay is expected to hit Conagra's results over the next six months, leading the company to cut its fiscal 2022 forecast. The news hit Conagra's stock, dragging shares down by more than 4% in morning trading despite beating Wall Street's estimates for its top and bottom lines. The stock has fallen 5% this year, shrinking its market value to $16.5 billion.\nLikewise, Pepsi is also seeing higher costs for some ingredients, freight and labor. During a conference call Tuesday, CEO Ramon Laguarta told analysts that the company thinks it can manage the higher costs through a combination of higher prices and increased productivity. CFO Hugh Johnston said that Pepsi expects to continue its pattern of hiking prices after Labor Day.\nPepsi executives made similar comments on the prior quarter's conference call, although inflation has accelerated since then. Luckily for Pepsi, its ingredient basket is diverse, and no single commodity accounts for more than a tenth of the basket.\nPepsi shares rose more than 2% in morning trading, setting an all-time high for the stock, after thecompany's second-quarter earnings crushed Wall Street's estimates. The company also raised its forecast as consumers returned to restaurants and movie theaters. The stock is up 3% this year, giving it a market value of $212 billion, nearly 13 times that of Conagra.\nInflation is also trickling down to another kind of food buyer: restaurants.Chipotle Mexican GrillCEO Brian Niccol said on CNBC's\"Squawk Box\"on Tuesday that the burrito chain is seeing some cost pressure.\n\"Whether or not that is permanent in some of the key inputs for our business is to be determined, but I think the positive is that the supply chain is starting to break through some of the bottlenecks that we were battling throughout Covid,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":145800764,"gmtCreate":1626213939658,"gmtModify":1703755488189,"author":{"id":"4088035849823630","authorId":"4088035849823630","name":"丰人","avatar":"https://static.tigerbbs.com/35bfaa2970044533bc9763d63a71e1dd","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4088035849823630","authorIdStr":"4088035849823630"},"htmlText":"Like.","listText":"Like.","text":"Like.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145800764","repostId":1147338005,"repostType":4,"repost":{"id":"1147338005","kind":"news","pubTimestamp":1626189111,"share":"https://ttm.financial/m/news/1147338005?lang=&edition=fundamental","pubTime":"2021-07-13 23:11","market":"us","language":"en","title":"PepsiCo and Conagra plan to battle rising costs with higher prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1147338005","media":"CNBC","summary":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to","content":"<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PepsiCo and Conagra plan to battle rising costs with higher prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepsiCo and Conagra plan to battle rising costs with higher prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 23:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAG":"康尼格拉","PEP":"百事可乐"},"source_url":"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1147338005","content_text":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer price index jumped 5.4% in June compared with a year ago. It's the biggest monthly gain since August 2008. Food prices rose 0.8%. The Federal Reserve's current position is that current inflationary pressures are \"transitory,\" although the central bank's New York districtfound that consumers have different expectations.\nMaybe that's because they'll soon see higher prices on products like Slim Jim jerky and Orville Reden bacher popcorn, which are owned by Conagra. CEO Sean Connolly said in a statement that the company has upgraded its existing plans to respond to higher input costs. He explained that inflation accelerated during thefiscal fourth quarterended May 30, leading the company to expect \"materially higher\" costs than it did at the end of its fiscal third quarter in late February.\n\"While we are pleased with the initial results, there will be a lag between the time we are hit with higher costs and when we realize the benefits of our actions,\" Connolly said in the statement.\nThe delay is expected to hit Conagra's results over the next six months, leading the company to cut its fiscal 2022 forecast. The news hit Conagra's stock, dragging shares down by more than 4% in morning trading despite beating Wall Street's estimates for its top and bottom lines. The stock has fallen 5% this year, shrinking its market value to $16.5 billion.\nLikewise, Pepsi is also seeing higher costs for some ingredients, freight and labor. During a conference call Tuesday, CEO Ramon Laguarta told analysts that the company thinks it can manage the higher costs through a combination of higher prices and increased productivity. CFO Hugh Johnston said that Pepsi expects to continue its pattern of hiking prices after Labor Day.\nPepsi executives made similar comments on the prior quarter's conference call, although inflation has accelerated since then. Luckily for Pepsi, its ingredient basket is diverse, and no single commodity accounts for more than a tenth of the basket.\nPepsi shares rose more than 2% in morning trading, setting an all-time high for the stock, after thecompany's second-quarter earnings crushed Wall Street's estimates. The company also raised its forecast as consumers returned to restaurants and movie theaters. The stock is up 3% this year, giving it a market value of $212 billion, nearly 13 times that of Conagra.\nInflation is also trickling down to another kind of food buyer: restaurants.Chipotle Mexican GrillCEO Brian Niccol said on CNBC's\"Squawk Box\"on Tuesday that the burrito chain is seeing some cost pressure.\n\"Whether or not that is permanent in some of the key inputs for our business is to be determined, but I think the positive is that the supply chain is starting to break through some of the bottlenecks that we were battling throughout Covid,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":145145536,"gmtCreate":1626212161025,"gmtModify":1703755469451,"author":{"id":"4087173082353320","authorId":"4087173082353320","name":"YMF808","avatar":"https://static.tigerbbs.com/4baafafa8982b2c0a7b4c828a5e3cbfb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087173082353320","authorIdStr":"4087173082353320"},"htmlText":"Really coming?","listText":"Really coming?","text":"Really coming?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145145536","repostId":1147338005,"repostType":4,"repost":{"id":"1147338005","kind":"news","pubTimestamp":1626189111,"share":"https://ttm.financial/m/news/1147338005?lang=&edition=fundamental","pubTime":"2021-07-13 23:11","market":"us","language":"en","title":"PepsiCo and Conagra plan to battle rising costs with higher prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1147338005","media":"CNBC","summary":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to","content":"<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PepsiCo and Conagra plan to battle rising costs with higher prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepsiCo and Conagra plan to battle rising costs with higher prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 23:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAG":"康尼格拉","PEP":"百事可乐"},"source_url":"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1147338005","content_text":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer price index jumped 5.4% in June compared with a year ago. It's the biggest monthly gain since August 2008. Food prices rose 0.8%. The Federal Reserve's current position is that current inflationary pressures are \"transitory,\" although the central bank's New York districtfound that consumers have different expectations.\nMaybe that's because they'll soon see higher prices on products like Slim Jim jerky and Orville Reden bacher popcorn, which are owned by Conagra. CEO Sean Connolly said in a statement that the company has upgraded its existing plans to respond to higher input costs. He explained that inflation accelerated during thefiscal fourth quarterended May 30, leading the company to expect \"materially higher\" costs than it did at the end of its fiscal third quarter in late February.\n\"While we are pleased with the initial results, there will be a lag between the time we are hit with higher costs and when we realize the benefits of our actions,\" Connolly said in the statement.\nThe delay is expected to hit Conagra's results over the next six months, leading the company to cut its fiscal 2022 forecast. The news hit Conagra's stock, dragging shares down by more than 4% in morning trading despite beating Wall Street's estimates for its top and bottom lines. The stock has fallen 5% this year, shrinking its market value to $16.5 billion.\nLikewise, Pepsi is also seeing higher costs for some ingredients, freight and labor. During a conference call Tuesday, CEO Ramon Laguarta told analysts that the company thinks it can manage the higher costs through a combination of higher prices and increased productivity. CFO Hugh Johnston said that Pepsi expects to continue its pattern of hiking prices after Labor Day.\nPepsi executives made similar comments on the prior quarter's conference call, although inflation has accelerated since then. Luckily for Pepsi, its ingredient basket is diverse, and no single commodity accounts for more than a tenth of the basket.\nPepsi shares rose more than 2% in morning trading, setting an all-time high for the stock, after thecompany's second-quarter earnings crushed Wall Street's estimates. The company also raised its forecast as consumers returned to restaurants and movie theaters. The stock is up 3% this year, giving it a market value of $212 billion, nearly 13 times that of Conagra.\nInflation is also trickling down to another kind of food buyer: restaurants.Chipotle Mexican GrillCEO Brian Niccol said on CNBC's\"Squawk Box\"on Tuesday that the burrito chain is seeing some cost pressure.\n\"Whether or not that is permanent in some of the key inputs for our business is to be determined, but I think the positive is that the supply chain is starting to break through some of the bottlenecks that we were battling throughout Covid,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":145145887,"gmtCreate":1626212146249,"gmtModify":1703755468965,"author":{"id":"3584845497808923","authorId":"3584845497808923","name":"Rozilla","avatar":"https://static.tigerbbs.com/48a6d0bfd53f17c7b4cd754a4ca13cc6","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3584845497808923","authorIdStr":"3584845497808923"},"htmlText":"Inflation","listText":"Inflation","text":"Inflation","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145145887","repostId":1147338005,"repostType":4,"repost":{"id":"1147338005","kind":"news","pubTimestamp":1626189111,"share":"https://ttm.financial/m/news/1147338005?lang=&edition=fundamental","pubTime":"2021-07-13 23:11","market":"us","language":"en","title":"PepsiCo and Conagra plan to battle rising costs with higher prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1147338005","media":"CNBC","summary":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to","content":"<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PepsiCo and Conagra plan to battle rising costs with higher prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepsiCo and Conagra plan to battle rising costs with higher prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 23:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAG":"康尼格拉","PEP":"百事可乐"},"source_url":"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1147338005","content_text":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer price index jumped 5.4% in June compared with a year ago. It's the biggest monthly gain since August 2008. Food prices rose 0.8%. The Federal Reserve's current position is that current inflationary pressures are \"transitory,\" although the central bank's New York districtfound that consumers have different expectations.\nMaybe that's because they'll soon see higher prices on products like Slim Jim jerky and Orville Reden bacher popcorn, which are owned by Conagra. CEO Sean Connolly said in a statement that the company has upgraded its existing plans to respond to higher input costs. He explained that inflation accelerated during thefiscal fourth quarterended May 30, leading the company to expect \"materially higher\" costs than it did at the end of its fiscal third quarter in late February.\n\"While we are pleased with the initial results, there will be a lag between the time we are hit with higher costs and when we realize the benefits of our actions,\" Connolly said in the statement.\nThe delay is expected to hit Conagra's results over the next six months, leading the company to cut its fiscal 2022 forecast. The news hit Conagra's stock, dragging shares down by more than 4% in morning trading despite beating Wall Street's estimates for its top and bottom lines. The stock has fallen 5% this year, shrinking its market value to $16.5 billion.\nLikewise, Pepsi is also seeing higher costs for some ingredients, freight and labor. During a conference call Tuesday, CEO Ramon Laguarta told analysts that the company thinks it can manage the higher costs through a combination of higher prices and increased productivity. CFO Hugh Johnston said that Pepsi expects to continue its pattern of hiking prices after Labor Day.\nPepsi executives made similar comments on the prior quarter's conference call, although inflation has accelerated since then. Luckily for Pepsi, its ingredient basket is diverse, and no single commodity accounts for more than a tenth of the basket.\nPepsi shares rose more than 2% in morning trading, setting an all-time high for the stock, after thecompany's second-quarter earnings crushed Wall Street's estimates. The company also raised its forecast as consumers returned to restaurants and movie theaters. The stock is up 3% this year, giving it a market value of $212 billion, nearly 13 times that of Conagra.\nInflation is also trickling down to another kind of food buyer: restaurants.Chipotle Mexican GrillCEO Brian Niccol said on CNBC's\"Squawk Box\"on Tuesday that the burrito chain is seeing some cost pressure.\n\"Whether or not that is permanent in some of the key inputs for our business is to be determined, but I think the positive is that the supply chain is starting to break through some of the bottlenecks that we were battling throughout Covid,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":145148500,"gmtCreate":1626211697000,"gmtModify":1703755465392,"author":{"id":"3582359360248748","authorId":"3582359360248748","name":"ML808","avatar":"https://static.tigerbbs.com/f601c68849ffbac8b7679f40f1471368","vip":1,"hat":"https://static.tigerbbs.com/7b75ce0c34afff716602792a5d0929dd","crmLevel":4,"crmLevelSwitch":0,"idStr":"3582359360248748","authorIdStr":"3582359360248748"},"htmlText":"Inflation coming?","listText":"Inflation coming?","text":"Inflation coming?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/145148500","repostId":1147338005,"repostType":4,"repost":{"id":"1147338005","kind":"news","pubTimestamp":1626189111,"share":"https://ttm.financial/m/news/1147338005?lang=&edition=fundamental","pubTime":"2021-07-13 23:11","market":"us","language":"en","title":"PepsiCo and Conagra plan to battle rising costs with higher prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1147338005","media":"CNBC","summary":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to","content":"<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PepsiCo and Conagra plan to battle rising costs with higher prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepsiCo and Conagra plan to battle rising costs with higher prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 23:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAG":"康尼格拉","PEP":"百事可乐"},"source_url":"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1147338005","content_text":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer price index jumped 5.4% in June compared with a year ago. It's the biggest monthly gain since August 2008. Food prices rose 0.8%. The Federal Reserve's current position is that current inflationary pressures are \"transitory,\" although the central bank's New York districtfound that consumers have different expectations.\nMaybe that's because they'll soon see higher prices on products like Slim Jim jerky and Orville Reden bacher popcorn, which are owned by Conagra. CEO Sean Connolly said in a statement that the company has upgraded its existing plans to respond to higher input costs. He explained that inflation accelerated during thefiscal fourth quarterended May 30, leading the company to expect \"materially higher\" costs than it did at the end of its fiscal third quarter in late February.\n\"While we are pleased with the initial results, there will be a lag between the time we are hit with higher costs and when we realize the benefits of our actions,\" Connolly said in the statement.\nThe delay is expected to hit Conagra's results over the next six months, leading the company to cut its fiscal 2022 forecast. The news hit Conagra's stock, dragging shares down by more than 4% in morning trading despite beating Wall Street's estimates for its top and bottom lines. The stock has fallen 5% this year, shrinking its market value to $16.5 billion.\nLikewise, Pepsi is also seeing higher costs for some ingredients, freight and labor. During a conference call Tuesday, CEO Ramon Laguarta told analysts that the company thinks it can manage the higher costs through a combination of higher prices and increased productivity. CFO Hugh Johnston said that Pepsi expects to continue its pattern of hiking prices after Labor Day.\nPepsi executives made similar comments on the prior quarter's conference call, although inflation has accelerated since then. Luckily for Pepsi, its ingredient basket is diverse, and no single commodity accounts for more than a tenth of the basket.\nPepsi shares rose more than 2% in morning trading, setting an all-time high for the stock, after thecompany's second-quarter earnings crushed Wall Street's estimates. The company also raised its forecast as consumers returned to restaurants and movie theaters. The stock is up 3% this year, giving it a market value of $212 billion, nearly 13 times that of Conagra.\nInflation is also trickling down to another kind of food buyer: restaurants.Chipotle Mexican GrillCEO Brian Niccol said on CNBC's\"Squawk Box\"on Tuesday that the burrito chain is seeing some cost pressure.\n\"Whether or not that is permanent in some of the key inputs for our business is to be determined, but I think the positive is that the supply chain is starting to break through some of the bottlenecks that we were battling throughout Covid,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5210199,"gmtCreate":1626211709914,"gmtModify":1663230926445,"authorId":3582359360248748,"author":{"id":3582359360248748,"idStr":"3582359360248748","authorId":3582359360248748,"name":"ML808","avatar":"https://static.tigerbbs.com/f601c68849ffbac8b7679f40f1471368","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145148500,"type":1,"supId":0,"prevId":0,"content":"<u>yes</u>","text":"<u>yes</u>","html":"<u>yes</u>"}],"langContent":"EN"},{"id":145157842,"gmtCreate":1626210746186,"gmtModify":1703755458019,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3568349626879479","authorIdStr":"3568349626879479"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/145157842","repostId":1147338005,"repostType":4,"repost":{"id":"1147338005","kind":"news","pubTimestamp":1626189111,"share":"https://ttm.financial/m/news/1147338005?lang=&edition=fundamental","pubTime":"2021-07-13 23:11","market":"us","language":"en","title":"PepsiCo and Conagra plan to battle rising costs with higher prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1147338005","media":"CNBC","summary":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to","content":"<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PepsiCo and Conagra plan to battle rising costs with higher prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepsiCo and Conagra plan to battle rising costs with higher prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 23:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAG":"康尼格拉","PEP":"百事可乐"},"source_url":"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1147338005","content_text":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer price index jumped 5.4% in June compared with a year ago. It's the biggest monthly gain since August 2008. Food prices rose 0.8%. The Federal Reserve's current position is that current inflationary pressures are \"transitory,\" although the central bank's New York districtfound that consumers have different expectations.\nMaybe that's because they'll soon see higher prices on products like Slim Jim jerky and Orville Reden bacher popcorn, which are owned by Conagra. CEO Sean Connolly said in a statement that the company has upgraded its existing plans to respond to higher input costs. He explained that inflation accelerated during thefiscal fourth quarterended May 30, leading the company to expect \"materially higher\" costs than it did at the end of its fiscal third quarter in late February.\n\"While we are pleased with the initial results, there will be a lag between the time we are hit with higher costs and when we realize the benefits of our actions,\" Connolly said in the statement.\nThe delay is expected to hit Conagra's results over the next six months, leading the company to cut its fiscal 2022 forecast. The news hit Conagra's stock, dragging shares down by more than 4% in morning trading despite beating Wall Street's estimates for its top and bottom lines. The stock has fallen 5% this year, shrinking its market value to $16.5 billion.\nLikewise, Pepsi is also seeing higher costs for some ingredients, freight and labor. During a conference call Tuesday, CEO Ramon Laguarta told analysts that the company thinks it can manage the higher costs through a combination of higher prices and increased productivity. CFO Hugh Johnston said that Pepsi expects to continue its pattern of hiking prices after Labor Day.\nPepsi executives made similar comments on the prior quarter's conference call, although inflation has accelerated since then. Luckily for Pepsi, its ingredient basket is diverse, and no single commodity accounts for more than a tenth of the basket.\nPepsi shares rose more than 2% in morning trading, setting an all-time high for the stock, after thecompany's second-quarter earnings crushed Wall Street's estimates. The company also raised its forecast as consumers returned to restaurants and movie theaters. The stock is up 3% this year, giving it a market value of $212 billion, nearly 13 times that of Conagra.\nInflation is also trickling down to another kind of food buyer: restaurants.Chipotle Mexican GrillCEO Brian Niccol said on CNBC's\"Squawk Box\"on Tuesday that the burrito chain is seeing some cost pressure.\n\"Whether or not that is permanent in some of the key inputs for our business is to be determined, but I think the positive is that the supply chain is starting to break through some of the bottlenecks that we were battling throughout Covid,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5210337,"gmtCreate":1626213688654,"gmtModify":1663230927340,"authorId":3575420754880245,"author":{"id":3575420754880245,"idStr":"3575420754880245","authorId":3575420754880245,"name":"shawnhuat","avatar":"https://static.tigerbbs.com/ce96f5461b1fd7c34fc7f8592a7eb525","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145157842,"type":1,"supId":0,"prevId":0,"content":"<u>k</u>","text":"<u>k</u>","html":"<u>k</u>"}],"langContent":"EN"},{"id":145156500,"gmtCreate":1626209876900,"gmtModify":1703755452820,"author":{"id":"3585043179154199","authorId":"3585043179154199","name":"jacksoncheng","avatar":"https://static.tigerbbs.com/15cea2a12fcc802fa3161c7165a892de","vip":1,"hat":"https://static.tigerbbs.com/306aa047bc14b6942cda1aed925cf8c3","crmLevel":2,"crmLevelSwitch":0,"idStr":"3585043179154199","authorIdStr":"3585043179154199"},"htmlText":"inflation！！","listText":"inflation！！","text":"inflation！！","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145156500","repostId":1147338005,"repostType":4,"repost":{"id":"1147338005","kind":"news","pubTimestamp":1626189111,"share":"https://ttm.financial/m/news/1147338005?lang=&edition=fundamental","pubTime":"2021-07-13 23:11","market":"us","language":"en","title":"PepsiCo and Conagra plan to battle rising costs with higher prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1147338005","media":"CNBC","summary":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to","content":"<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PepsiCo and Conagra plan to battle rising costs with higher prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepsiCo and Conagra plan to battle rising costs with higher prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 23:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAG":"康尼格拉","PEP":"百事可乐"},"source_url":"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1147338005","content_text":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer price index jumped 5.4% in June compared with a year ago. It's the biggest monthly gain since August 2008. Food prices rose 0.8%. The Federal Reserve's current position is that current inflationary pressures are \"transitory,\" although the central bank's New York districtfound that consumers have different expectations.\nMaybe that's because they'll soon see higher prices on products like Slim Jim jerky and Orville Reden bacher popcorn, which are owned by Conagra. CEO Sean Connolly said in a statement that the company has upgraded its existing plans to respond to higher input costs. He explained that inflation accelerated during thefiscal fourth quarterended May 30, leading the company to expect \"materially higher\" costs than it did at the end of its fiscal third quarter in late February.\n\"While we are pleased with the initial results, there will be a lag between the time we are hit with higher costs and when we realize the benefits of our actions,\" Connolly said in the statement.\nThe delay is expected to hit Conagra's results over the next six months, leading the company to cut its fiscal 2022 forecast. The news hit Conagra's stock, dragging shares down by more than 4% in morning trading despite beating Wall Street's estimates for its top and bottom lines. The stock has fallen 5% this year, shrinking its market value to $16.5 billion.\nLikewise, Pepsi is also seeing higher costs for some ingredients, freight and labor. During a conference call Tuesday, CEO Ramon Laguarta told analysts that the company thinks it can manage the higher costs through a combination of higher prices and increased productivity. CFO Hugh Johnston said that Pepsi expects to continue its pattern of hiking prices after Labor Day.\nPepsi executives made similar comments on the prior quarter's conference call, although inflation has accelerated since then. Luckily for Pepsi, its ingredient basket is diverse, and no single commodity accounts for more than a tenth of the basket.\nPepsi shares rose more than 2% in morning trading, setting an all-time high for the stock, after thecompany's second-quarter earnings crushed Wall Street's estimates. The company also raised its forecast as consumers returned to restaurants and movie theaters. The stock is up 3% this year, giving it a market value of $212 billion, nearly 13 times that of Conagra.\nInflation is also trickling down to another kind of food buyer: restaurants.Chipotle Mexican GrillCEO Brian Niccol said on CNBC's\"Squawk Box\"on Tuesday that the burrito chain is seeing some cost pressure.\n\"Whether or not that is permanent in some of the key inputs for our business is to be determined, but I think the positive is that the supply chain is starting to break through some of the bottlenecks that we were battling throughout Covid,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":145156384,"gmtCreate":1626209700848,"gmtModify":1703755451678,"author":{"id":"3582538202393061","authorId":"3582538202393061","name":"Zivcheah","avatar":"https://static.tigerbbs.com/d52882be9b594ebb5b5933851792d286","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3582538202393061","authorIdStr":"3582538202393061"},"htmlText":"Done","listText":"Done","text":"Done","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145156384","repostId":1147338005,"repostType":4,"repost":{"id":"1147338005","kind":"news","pubTimestamp":1626189111,"share":"https://ttm.financial/m/news/1147338005?lang=&edition=fundamental","pubTime":"2021-07-13 23:11","market":"us","language":"en","title":"PepsiCo and Conagra plan to battle rising costs with higher prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1147338005","media":"CNBC","summary":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to","content":"<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PepsiCo and Conagra plan to battle rising costs with higher prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepsiCo and Conagra plan to battle rising costs with higher prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 23:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAG":"康尼格拉","PEP":"百事可乐"},"source_url":"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1147338005","content_text":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer price index jumped 5.4% in June compared with a year ago. It's the biggest monthly gain since August 2008. Food prices rose 0.8%. The Federal Reserve's current position is that current inflationary pressures are \"transitory,\" although the central bank's New York districtfound that consumers have different expectations.\nMaybe that's because they'll soon see higher prices on products like Slim Jim jerky and Orville Reden bacher popcorn, which are owned by Conagra. CEO Sean Connolly said in a statement that the company has upgraded its existing plans to respond to higher input costs. He explained that inflation accelerated during thefiscal fourth quarterended May 30, leading the company to expect \"materially higher\" costs than it did at the end of its fiscal third quarter in late February.\n\"While we are pleased with the initial results, there will be a lag between the time we are hit with higher costs and when we realize the benefits of our actions,\" Connolly said in the statement.\nThe delay is expected to hit Conagra's results over the next six months, leading the company to cut its fiscal 2022 forecast. The news hit Conagra's stock, dragging shares down by more than 4% in morning trading despite beating Wall Street's estimates for its top and bottom lines. The stock has fallen 5% this year, shrinking its market value to $16.5 billion.\nLikewise, Pepsi is also seeing higher costs for some ingredients, freight and labor. During a conference call Tuesday, CEO Ramon Laguarta told analysts that the company thinks it can manage the higher costs through a combination of higher prices and increased productivity. CFO Hugh Johnston said that Pepsi expects to continue its pattern of hiking prices after Labor Day.\nPepsi executives made similar comments on the prior quarter's conference call, although inflation has accelerated since then. Luckily for Pepsi, its ingredient basket is diverse, and no single commodity accounts for more than a tenth of the basket.\nPepsi shares rose more than 2% in morning trading, setting an all-time high for the stock, after thecompany's second-quarter earnings crushed Wall Street's estimates. The company also raised its forecast as consumers returned to restaurants and movie theaters. The stock is up 3% this year, giving it a market value of $212 billion, nearly 13 times that of Conagra.\nInflation is also trickling down to another kind of food buyer: restaurants.Chipotle Mexican GrillCEO Brian Niccol said on CNBC's\"Squawk Box\"on Tuesday that the burrito chain is seeing some cost pressure.\n\"Whether or not that is permanent in some of the key inputs for our business is to be determined, but I think the positive is that the supply chain is starting to break through some of the bottlenecks that we were battling throughout Covid,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":145153696,"gmtCreate":1626208486615,"gmtModify":1703755448260,"author":{"id":"4089287779529830","authorId":"4089287779529830","name":"Jasonsu","avatar":"https://static.tigerbbs.com/f51d7c3493c23a468082882f62ef45a1","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4089287779529830","authorIdStr":"4089287779529830"},"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145153696","repostId":1147338005,"repostType":4,"repost":{"id":"1147338005","kind":"news","pubTimestamp":1626189111,"share":"https://ttm.financial/m/news/1147338005?lang=&edition=fundamental","pubTime":"2021-07-13 23:11","market":"us","language":"en","title":"PepsiCo and Conagra plan to battle rising costs with higher prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1147338005","media":"CNBC","summary":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to","content":"<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PepsiCo and Conagra plan to battle rising costs with higher prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepsiCo and Conagra plan to battle rising costs with higher prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 23:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAG":"康尼格拉","PEP":"百事可乐"},"source_url":"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1147338005","content_text":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer price index jumped 5.4% in June compared with a year ago. It's the biggest monthly gain since August 2008. Food prices rose 0.8%. The Federal Reserve's current position is that current inflationary pressures are \"transitory,\" although the central bank's New York districtfound that consumers have different expectations.\nMaybe that's because they'll soon see higher prices on products like Slim Jim jerky and Orville Reden bacher popcorn, which are owned by Conagra. CEO Sean Connolly said in a statement that the company has upgraded its existing plans to respond to higher input costs. He explained that inflation accelerated during thefiscal fourth quarterended May 30, leading the company to expect \"materially higher\" costs than it did at the end of its fiscal third quarter in late February.\n\"While we are pleased with the initial results, there will be a lag between the time we are hit with higher costs and when we realize the benefits of our actions,\" Connolly said in the statement.\nThe delay is expected to hit Conagra's results over the next six months, leading the company to cut its fiscal 2022 forecast. The news hit Conagra's stock, dragging shares down by more than 4% in morning trading despite beating Wall Street's estimates for its top and bottom lines. The stock has fallen 5% this year, shrinking its market value to $16.5 billion.\nLikewise, Pepsi is also seeing higher costs for some ingredients, freight and labor. During a conference call Tuesday, CEO Ramon Laguarta told analysts that the company thinks it can manage the higher costs through a combination of higher prices and increased productivity. CFO Hugh Johnston said that Pepsi expects to continue its pattern of hiking prices after Labor Day.\nPepsi executives made similar comments on the prior quarter's conference call, although inflation has accelerated since then. Luckily for Pepsi, its ingredient basket is diverse, and no single commodity accounts for more than a tenth of the basket.\nPepsi shares rose more than 2% in morning trading, setting an all-time high for the stock, after thecompany's second-quarter earnings crushed Wall Street's estimates. The company also raised its forecast as consumers returned to restaurants and movie theaters. The stock is up 3% this year, giving it a market value of $212 billion, nearly 13 times that of Conagra.\nInflation is also trickling down to another kind of food buyer: restaurants.Chipotle Mexican GrillCEO Brian Niccol said on CNBC's\"Squawk Box\"on Tuesday that the burrito chain is seeing some cost pressure.\n\"Whether or not that is permanent in some of the key inputs for our business is to be determined, but I think the positive is that the supply chain is starting to break through some of the bottlenecks that we were battling throughout Covid,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":145161640,"gmtCreate":1626199988180,"gmtModify":1703755420759,"author":{"id":"3583660072689907","authorId":"3583660072689907","name":"Zuoshiling","avatar":"https://static.tigerbbs.com/f2fc8ca6700334d697b886a1e8d95e15","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3583660072689907","authorIdStr":"3583660072689907"},"htmlText":"Price increasing&nbsp;","listText":"Price increasing&nbsp;","text":"Price increasing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/145161640","repostId":1147338005,"repostType":4,"repost":{"id":"1147338005","kind":"news","pubTimestamp":1626189111,"share":"https://ttm.financial/m/news/1147338005?lang=&edition=fundamental","pubTime":"2021-07-13 23:11","market":"us","language":"en","title":"PepsiCo and Conagra plan to battle rising costs with higher prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1147338005","media":"CNBC","summary":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to","content":"<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PepsiCo and Conagra plan to battle rising costs with higher prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepsiCo and Conagra plan to battle rising costs with higher prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 23:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAG":"康尼格拉","PEP":"百事可乐"},"source_url":"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1147338005","content_text":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer price index jumped 5.4% in June compared with a year ago. It's the biggest monthly gain since August 2008. Food prices rose 0.8%. The Federal Reserve's current position is that current inflationary pressures are \"transitory,\" although the central bank's New York districtfound that consumers have different expectations.\nMaybe that's because they'll soon see higher prices on products like Slim Jim jerky and Orville Reden bacher popcorn, which are owned by Conagra. CEO Sean Connolly said in a statement that the company has upgraded its existing plans to respond to higher input costs. He explained that inflation accelerated during thefiscal fourth quarterended May 30, leading the company to expect \"materially higher\" costs than it did at the end of its fiscal third quarter in late February.\n\"While we are pleased with the initial results, there will be a lag between the time we are hit with higher costs and when we realize the benefits of our actions,\" Connolly said in the statement.\nThe delay is expected to hit Conagra's results over the next six months, leading the company to cut its fiscal 2022 forecast. The news hit Conagra's stock, dragging shares down by more than 4% in morning trading despite beating Wall Street's estimates for its top and bottom lines. The stock has fallen 5% this year, shrinking its market value to $16.5 billion.\nLikewise, Pepsi is also seeing higher costs for some ingredients, freight and labor. During a conference call Tuesday, CEO Ramon Laguarta told analysts that the company thinks it can manage the higher costs through a combination of higher prices and increased productivity. CFO Hugh Johnston said that Pepsi expects to continue its pattern of hiking prices after Labor Day.\nPepsi executives made similar comments on the prior quarter's conference call, although inflation has accelerated since then. Luckily for Pepsi, its ingredient basket is diverse, and no single commodity accounts for more than a tenth of the basket.\nPepsi shares rose more than 2% in morning trading, setting an all-time high for the stock, after thecompany's second-quarter earnings crushed Wall Street's estimates. The company also raised its forecast as consumers returned to restaurants and movie theaters. The stock is up 3% this year, giving it a market value of $212 billion, nearly 13 times that of Conagra.\nInflation is also trickling down to another kind of food buyer: restaurants.Chipotle Mexican GrillCEO Brian Niccol said on CNBC's\"Squawk Box\"on Tuesday that the burrito chain is seeing some cost pressure.\n\"Whether or not that is permanent in some of the key inputs for our business is to be determined, but I think the positive is that the supply chain is starting to break through some of the bottlenecks that we were battling throughout Covid,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5210277,"gmtCreate":1626212908928,"gmtModify":1663230928050,"authorId":3580721209853601,"author":{"id":3580721209853601,"idStr":"3580721209853601","authorId":3580721209853601,"name":"Skysy","avatar":"https://static.tigerbbs.com/f440b8692274a0da19e634034c3f28e5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145161640,"type":1,"supId":5210147,"prevId":0,"content":"inflation <u>indeed</u>","text":"inflation <u>indeed</u>","html":"inflation <u>indeed</u>"},{"id":5210147,"gmtCreate":1626209896056,"gmtModify":1663230926740,"authorId":3585043179154199,"author":{"id":3585043179154199,"idStr":"3585043179154199","authorId":3585043179154199,"name":"jacksoncheng","avatar":"https://static.tigerbbs.com/15cea2a12fcc802fa3161c7165a892de","vip":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.10.28","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145161640,"type":1,"supId":0,"prevId":0,"content":"damn IT","text":"damn IT","html":"damn IT"}],"langContent":"EN"},{"id":145187309,"gmtCreate":1626198872001,"gmtModify":1703755414585,"author":{"id":"3576829339208644","authorId":"3576829339208644","name":"Anonymousone","avatar":"https://static.tigerbbs.com/8f6b2dd127f540025387c4ad6041fae7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576829339208644","authorIdStr":"3576829339208644"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145187309","repostId":1147338005,"repostType":4,"repost":{"id":"1147338005","kind":"news","pubTimestamp":1626189111,"share":"https://ttm.financial/m/news/1147338005?lang=&edition=fundamental","pubTime":"2021-07-13 23:11","market":"us","language":"en","title":"PepsiCo and Conagra plan to battle rising costs with higher prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1147338005","media":"CNBC","summary":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to","content":"<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PepsiCo and Conagra plan to battle rising costs with higher prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepsiCo and Conagra plan to battle rising costs with higher prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 23:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAG":"康尼格拉","PEP":"百事可乐"},"source_url":"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1147338005","content_text":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer price index jumped 5.4% in June compared with a year ago. It's the biggest monthly gain since August 2008. Food prices rose 0.8%. The Federal Reserve's current position is that current inflationary pressures are \"transitory,\" although the central bank's New York districtfound that consumers have different expectations.\nMaybe that's because they'll soon see higher prices on products like Slim Jim jerky and Orville Reden bacher popcorn, which are owned by Conagra. CEO Sean Connolly said in a statement that the company has upgraded its existing plans to respond to higher input costs. He explained that inflation accelerated during thefiscal fourth quarterended May 30, leading the company to expect \"materially higher\" costs than it did at the end of its fiscal third quarter in late February.\n\"While we are pleased with the initial results, there will be a lag between the time we are hit with higher costs and when we realize the benefits of our actions,\" Connolly said in the statement.\nThe delay is expected to hit Conagra's results over the next six months, leading the company to cut its fiscal 2022 forecast. The news hit Conagra's stock, dragging shares down by more than 4% in morning trading despite beating Wall Street's estimates for its top and bottom lines. The stock has fallen 5% this year, shrinking its market value to $16.5 billion.\nLikewise, Pepsi is also seeing higher costs for some ingredients, freight and labor. During a conference call Tuesday, CEO Ramon Laguarta told analysts that the company thinks it can manage the higher costs through a combination of higher prices and increased productivity. CFO Hugh Johnston said that Pepsi expects to continue its pattern of hiking prices after Labor Day.\nPepsi executives made similar comments on the prior quarter's conference call, although inflation has accelerated since then. Luckily for Pepsi, its ingredient basket is diverse, and no single commodity accounts for more than a tenth of the basket.\nPepsi shares rose more than 2% in morning trading, setting an all-time high for the stock, after thecompany's second-quarter earnings crushed Wall Street's estimates. The company also raised its forecast as consumers returned to restaurants and movie theaters. The stock is up 3% this year, giving it a market value of $212 billion, nearly 13 times that of Conagra.\nInflation is also trickling down to another kind of food buyer: restaurants.Chipotle Mexican GrillCEO Brian Niccol said on CNBC's\"Squawk Box\"on Tuesday that the burrito chain is seeing some cost pressure.\n\"Whether or not that is permanent in some of the key inputs for our business is to be determined, but I think the positive is that the supply chain is starting to break through some of the bottlenecks that we were battling throughout Covid,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":145186458,"gmtCreate":1626198033174,"gmtModify":1703755410212,"author":{"id":"3578582505944448","authorId":"3578582505944448","name":"KevinToh","avatar":"https://static.tigerbbs.com/6996c5e2d4215d4f5babe8f7a9eebbff","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578582505944448","authorIdStr":"3578582505944448"},"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145186458","repostId":1147338005,"repostType":4,"repost":{"id":"1147338005","kind":"news","pubTimestamp":1626189111,"share":"https://ttm.financial/m/news/1147338005?lang=&edition=fundamental","pubTime":"2021-07-13 23:11","market":"us","language":"en","title":"PepsiCo and Conagra plan to battle rising costs with higher prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1147338005","media":"CNBC","summary":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to","content":"<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PepsiCo and Conagra plan to battle rising costs with higher prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepsiCo and Conagra plan to battle rising costs with higher prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 23:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAG":"康尼格拉","PEP":"百事可乐"},"source_url":"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1147338005","content_text":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer price index jumped 5.4% in June compared with a year ago. It's the biggest monthly gain since August 2008. Food prices rose 0.8%. The Federal Reserve's current position is that current inflationary pressures are \"transitory,\" although the central bank's New York districtfound that consumers have different expectations.\nMaybe that's because they'll soon see higher prices on products like Slim Jim jerky and Orville Reden bacher popcorn, which are owned by Conagra. CEO Sean Connolly said in a statement that the company has upgraded its existing plans to respond to higher input costs. He explained that inflation accelerated during thefiscal fourth quarterended May 30, leading the company to expect \"materially higher\" costs than it did at the end of its fiscal third quarter in late February.\n\"While we are pleased with the initial results, there will be a lag between the time we are hit with higher costs and when we realize the benefits of our actions,\" Connolly said in the statement.\nThe delay is expected to hit Conagra's results over the next six months, leading the company to cut its fiscal 2022 forecast. The news hit Conagra's stock, dragging shares down by more than 4% in morning trading despite beating Wall Street's estimates for its top and bottom lines. The stock has fallen 5% this year, shrinking its market value to $16.5 billion.\nLikewise, Pepsi is also seeing higher costs for some ingredients, freight and labor. During a conference call Tuesday, CEO Ramon Laguarta told analysts that the company thinks it can manage the higher costs through a combination of higher prices and increased productivity. CFO Hugh Johnston said that Pepsi expects to continue its pattern of hiking prices after Labor Day.\nPepsi executives made similar comments on the prior quarter's conference call, although inflation has accelerated since then. Luckily for Pepsi, its ingredient basket is diverse, and no single commodity accounts for more than a tenth of the basket.\nPepsi shares rose more than 2% in morning trading, setting an all-time high for the stock, after thecompany's second-quarter earnings crushed Wall Street's estimates. The company also raised its forecast as consumers returned to restaurants and movie theaters. The stock is up 3% this year, giving it a market value of $212 billion, nearly 13 times that of Conagra.\nInflation is also trickling down to another kind of food buyer: restaurants.Chipotle Mexican GrillCEO Brian Niccol said on CNBC's\"Squawk Box\"on Tuesday that the burrito chain is seeing some cost pressure.\n\"Whether or not that is permanent in some of the key inputs for our business is to be determined, but I think the positive is that the supply chain is starting to break through some of the bottlenecks that we were battling throughout Covid,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":145132497,"gmtCreate":1626195195719,"gmtModify":1703755385360,"author":{"id":"4087625047599080","authorId":"4087625047599080","name":"JeromeAng","avatar":"https://static.tigerbbs.com/3d1fd245884a2b62379fc1adb18bc69b","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"4087625047599080","authorIdStr":"4087625047599080"},"htmlText":"Coke is nicer","listText":"Coke is nicer","text":"Coke is nicer","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/145132497","repostId":1147338005,"repostType":4,"repost":{"id":"1147338005","kind":"news","pubTimestamp":1626189111,"share":"https://ttm.financial/m/news/1147338005?lang=&edition=fundamental","pubTime":"2021-07-13 23:11","market":"us","language":"en","title":"PepsiCo and Conagra plan to battle rising costs with higher prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1147338005","media":"CNBC","summary":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to","content":"<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PepsiCo and Conagra plan to battle rising costs with higher prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepsiCo and Conagra plan to battle rising costs with higher prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 23:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAG":"康尼格拉","PEP":"百事可乐"},"source_url":"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1147338005","content_text":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer price index jumped 5.4% in June compared with a year ago. It's the biggest monthly gain since August 2008. Food prices rose 0.8%. The Federal Reserve's current position is that current inflationary pressures are \"transitory,\" although the central bank's New York districtfound that consumers have different expectations.\nMaybe that's because they'll soon see higher prices on products like Slim Jim jerky and Orville Reden bacher popcorn, which are owned by Conagra. CEO Sean Connolly said in a statement that the company has upgraded its existing plans to respond to higher input costs. He explained that inflation accelerated during thefiscal fourth quarterended May 30, leading the company to expect \"materially higher\" costs than it did at the end of its fiscal third quarter in late February.\n\"While we are pleased with the initial results, there will be a lag between the time we are hit with higher costs and when we realize the benefits of our actions,\" Connolly said in the statement.\nThe delay is expected to hit Conagra's results over the next six months, leading the company to cut its fiscal 2022 forecast. The news hit Conagra's stock, dragging shares down by more than 4% in morning trading despite beating Wall Street's estimates for its top and bottom lines. The stock has fallen 5% this year, shrinking its market value to $16.5 billion.\nLikewise, Pepsi is also seeing higher costs for some ingredients, freight and labor. During a conference call Tuesday, CEO Ramon Laguarta told analysts that the company thinks it can manage the higher costs through a combination of higher prices and increased productivity. CFO Hugh Johnston said that Pepsi expects to continue its pattern of hiking prices after Labor Day.\nPepsi executives made similar comments on the prior quarter's conference call, although inflation has accelerated since then. Luckily for Pepsi, its ingredient basket is diverse, and no single commodity accounts for more than a tenth of the basket.\nPepsi shares rose more than 2% in morning trading, setting an all-time high for the stock, after thecompany's second-quarter earnings crushed Wall Street's estimates. The company also raised its forecast as consumers returned to restaurants and movie theaters. The stock is up 3% this year, giving it a market value of $212 billion, nearly 13 times that of Conagra.\nInflation is also trickling down to another kind of food buyer: restaurants.Chipotle Mexican GrillCEO Brian Niccol said on CNBC's\"Squawk Box\"on Tuesday that the burrito chain is seeing some cost pressure.\n\"Whether or not that is permanent in some of the key inputs for our business is to be determined, but I think the positive is that the supply chain is starting to break through some of the bottlenecks that we were battling throughout Covid,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5221182,"gmtCreate":1626290866067,"gmtModify":1663230976257,"authorId":3559969538194338,"author":{"id":3559969538194338,"idStr":"3559969538194338","authorId":3559969538194338,"name":"此处不留爷自有留爷处禁言","avatar":"https://static.tigerbbs.com/a785022e6e1e2d46a1440882ec8d7d79","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145132497,"type":1,"supId":0,"prevId":0,"content":"Follow me, follow me, make predictions","text":"Follow me, follow me, make predictions","html":"Follow me, follow me, make predictions"},{"id":5209750,"gmtCreate":1626196515133,"gmtModify":1663230925738,"authorId":3576336332882185,"author":{"id":3576336332882185,"idStr":"3576336332882185","authorId":3576336332882185,"name":"Joyh","avatar":"https://community-static.tradeup.com/news/a399ff6bb0949df947cf76b3ac6d9dce","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"93.25%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":1,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145132497,"type":1,"supId":0,"prevId":0,"content":"Yes","text":"Yes","html":"Yes"}],"langContent":"EN"},{"id":145136416,"gmtCreate":1626195143335,"gmtModify":1703755383418,"author":{"id":"4087625047599080","authorId":"4087625047599080","name":"JeromeAng","avatar":"https://static.tigerbbs.com/3d1fd245884a2b62379fc1adb18bc69b","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"4087625047599080","authorIdStr":"4087625047599080"},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/145136416","repostId":1147338005,"repostType":4,"repost":{"id":"1147338005","kind":"news","pubTimestamp":1626189111,"share":"https://ttm.financial/m/news/1147338005?lang=&edition=fundamental","pubTime":"2021-07-13 23:11","market":"us","language":"en","title":"PepsiCo and Conagra plan to battle rising costs with higher prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1147338005","media":"CNBC","summary":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to","content":"<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PepsiCo and Conagra plan to battle rising costs with higher prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepsiCo and Conagra plan to battle rising costs with higher prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 23:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAG":"康尼格拉","PEP":"百事可乐"},"source_url":"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1147338005","content_text":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer price index jumped 5.4% in June compared with a year ago. It's the biggest monthly gain since August 2008. Food prices rose 0.8%. The Federal Reserve's current position is that current inflationary pressures are \"transitory,\" although the central bank's New York districtfound that consumers have different expectations.\nMaybe that's because they'll soon see higher prices on products like Slim Jim jerky and Orville Reden bacher popcorn, which are owned by Conagra. CEO Sean Connolly said in a statement that the company has upgraded its existing plans to respond to higher input costs. He explained that inflation accelerated during thefiscal fourth quarterended May 30, leading the company to expect \"materially higher\" costs than it did at the end of its fiscal third quarter in late February.\n\"While we are pleased with the initial results, there will be a lag between the time we are hit with higher costs and when we realize the benefits of our actions,\" Connolly said in the statement.\nThe delay is expected to hit Conagra's results over the next six months, leading the company to cut its fiscal 2022 forecast. The news hit Conagra's stock, dragging shares down by more than 4% in morning trading despite beating Wall Street's estimates for its top and bottom lines. The stock has fallen 5% this year, shrinking its market value to $16.5 billion.\nLikewise, Pepsi is also seeing higher costs for some ingredients, freight and labor. During a conference call Tuesday, CEO Ramon Laguarta told analysts that the company thinks it can manage the higher costs through a combination of higher prices and increased productivity. CFO Hugh Johnston said that Pepsi expects to continue its pattern of hiking prices after Labor Day.\nPepsi executives made similar comments on the prior quarter's conference call, although inflation has accelerated since then. Luckily for Pepsi, its ingredient basket is diverse, and no single commodity accounts for more than a tenth of the basket.\nPepsi shares rose more than 2% in morning trading, setting an all-time high for the stock, after thecompany's second-quarter earnings crushed Wall Street's estimates. The company also raised its forecast as consumers returned to restaurants and movie theaters. The stock is up 3% this year, giving it a market value of $212 billion, nearly 13 times that of Conagra.\nInflation is also trickling down to another kind of food buyer: restaurants.Chipotle Mexican GrillCEO Brian Niccol said on CNBC's\"Squawk Box\"on Tuesday that the burrito chain is seeing some cost pressure.\n\"Whether or not that is permanent in some of the key inputs for our business is to be determined, but I think the positive is that the supply chain is starting to break through some of the bottlenecks that we were battling throughout Covid,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5209909,"gmtCreate":1626198883948,"gmtModify":1663230928141,"authorId":3576829339208644,"author":{"id":3576829339208644,"idStr":"3576829339208644","authorId":3576829339208644,"name":"Anonymousone","avatar":"https://static.tigerbbs.com/8f6b2dd127f540025387c4ad6041fae7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145136416,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"}],"langContent":"EN"},{"id":145193463,"gmtCreate":1626193749052,"gmtModify":1703755367990,"author":{"id":"3581331692871918","authorId":"3581331692871918","name":"beebeeyan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581331692871918","authorIdStr":"3581331692871918"},"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145193463","repostId":1147338005,"repostType":4,"repost":{"id":"1147338005","kind":"news","pubTimestamp":1626189111,"share":"https://ttm.financial/m/news/1147338005?lang=&edition=fundamental","pubTime":"2021-07-13 23:11","market":"us","language":"en","title":"PepsiCo and Conagra plan to battle rising costs with higher prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1147338005","media":"CNBC","summary":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to","content":"<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PepsiCo and Conagra plan to battle rising costs with higher prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepsiCo and Conagra plan to battle rising costs with higher prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 23:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAG":"康尼格拉","PEP":"百事可乐"},"source_url":"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1147338005","content_text":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer price index jumped 5.4% in June compared with a year ago. It's the biggest monthly gain since August 2008. Food prices rose 0.8%. The Federal Reserve's current position is that current inflationary pressures are \"transitory,\" although the central bank's New York districtfound that consumers have different expectations.\nMaybe that's because they'll soon see higher prices on products like Slim Jim jerky and Orville Reden bacher popcorn, which are owned by Conagra. CEO Sean Connolly said in a statement that the company has upgraded its existing plans to respond to higher input costs. He explained that inflation accelerated during thefiscal fourth quarterended May 30, leading the company to expect \"materially higher\" costs than it did at the end of its fiscal third quarter in late February.\n\"While we are pleased with the initial results, there will be a lag between the time we are hit with higher costs and when we realize the benefits of our actions,\" Connolly said in the statement.\nThe delay is expected to hit Conagra's results over the next six months, leading the company to cut its fiscal 2022 forecast. The news hit Conagra's stock, dragging shares down by more than 4% in morning trading despite beating Wall Street's estimates for its top and bottom lines. The stock has fallen 5% this year, shrinking its market value to $16.5 billion.\nLikewise, Pepsi is also seeing higher costs for some ingredients, freight and labor. During a conference call Tuesday, CEO Ramon Laguarta told analysts that the company thinks it can manage the higher costs through a combination of higher prices and increased productivity. CFO Hugh Johnston said that Pepsi expects to continue its pattern of hiking prices after Labor Day.\nPepsi executives made similar comments on the prior quarter's conference call, although inflation has accelerated since then. Luckily for Pepsi, its ingredient basket is diverse, and no single commodity accounts for more than a tenth of the basket.\nPepsi shares rose more than 2% in morning trading, setting an all-time high for the stock, after thecompany's second-quarter earnings crushed Wall Street's estimates. The company also raised its forecast as consumers returned to restaurants and movie theaters. The stock is up 3% this year, giving it a market value of $212 billion, nearly 13 times that of Conagra.\nInflation is also trickling down to another kind of food buyer: restaurants.Chipotle Mexican GrillCEO Brian Niccol said on CNBC's\"Squawk Box\"on Tuesday that the burrito chain is seeing some cost pressure.\n\"Whether or not that is permanent in some of the key inputs for our business is to be determined, but I think the positive is that the supply chain is starting to break through some of the bottlenecks that we were battling throughout Covid,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":145190412,"gmtCreate":1626193583936,"gmtModify":1703755363767,"author":{"id":"3586307176949793","authorId":"3586307176949793","name":"yeeyee","avatar":"https://static.tigerbbs.com/943ec49cc801e5650add75f967958ae2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586307176949793","authorIdStr":"3586307176949793"},"htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/145190412","repostId":1147338005,"repostType":4,"repost":{"id":"1147338005","kind":"news","pubTimestamp":1626189111,"share":"https://ttm.financial/m/news/1147338005?lang=&edition=fundamental","pubTime":"2021-07-13 23:11","market":"us","language":"en","title":"PepsiCo and Conagra plan to battle rising costs with higher prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1147338005","media":"CNBC","summary":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to","content":"<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PepsiCo and Conagra plan to battle rising costs with higher prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepsiCo and Conagra plan to battle rising costs with higher prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 23:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAG":"康尼格拉","PEP":"百事可乐"},"source_url":"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1147338005","content_text":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer price index jumped 5.4% in June compared with a year ago. It's the biggest monthly gain since August 2008. Food prices rose 0.8%. The Federal Reserve's current position is that current inflationary pressures are \"transitory,\" although the central bank's New York districtfound that consumers have different expectations.\nMaybe that's because they'll soon see higher prices on products like Slim Jim jerky and Orville Reden bacher popcorn, which are owned by Conagra. CEO Sean Connolly said in a statement that the company has upgraded its existing plans to respond to higher input costs. He explained that inflation accelerated during thefiscal fourth quarterended May 30, leading the company to expect \"materially higher\" costs than it did at the end of its fiscal third quarter in late February.\n\"While we are pleased with the initial results, there will be a lag between the time we are hit with higher costs and when we realize the benefits of our actions,\" Connolly said in the statement.\nThe delay is expected to hit Conagra's results over the next six months, leading the company to cut its fiscal 2022 forecast. The news hit Conagra's stock, dragging shares down by more than 4% in morning trading despite beating Wall Street's estimates for its top and bottom lines. The stock has fallen 5% this year, shrinking its market value to $16.5 billion.\nLikewise, Pepsi is also seeing higher costs for some ingredients, freight and labor. During a conference call Tuesday, CEO Ramon Laguarta told analysts that the company thinks it can manage the higher costs through a combination of higher prices and increased productivity. CFO Hugh Johnston said that Pepsi expects to continue its pattern of hiking prices after Labor Day.\nPepsi executives made similar comments on the prior quarter's conference call, although inflation has accelerated since then. Luckily for Pepsi, its ingredient basket is diverse, and no single commodity accounts for more than a tenth of the basket.\nPepsi shares rose more than 2% in morning trading, setting an all-time high for the stock, after thecompany's second-quarter earnings crushed Wall Street's estimates. The company also raised its forecast as consumers returned to restaurants and movie theaters. The stock is up 3% this year, giving it a market value of $212 billion, nearly 13 times that of Conagra.\nInflation is also trickling down to another kind of food buyer: restaurants.Chipotle Mexican GrillCEO Brian Niccol said on CNBC's\"Squawk Box\"on Tuesday that the burrito chain is seeing some cost pressure.\n\"Whether or not that is permanent in some of the key inputs for our business is to be determined, but I think the positive is that the supply chain is starting to break through some of the bottlenecks that we were battling throughout Covid,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5209549,"gmtCreate":1626193756578,"gmtModify":1663230926426,"authorId":3581331692871918,"author":{"id":3581331692871918,"idStr":"3581331692871918","authorId":3581331692871918,"name":"beebeeyan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145190412,"type":1,"supId":0,"prevId":0,"content":"o<u><u>k</u></u>","text":"o<u><u>k</u></u>","html":"o<u><u>k</u></u>"},{"id":5209583,"gmtCreate":1626194084557,"gmtModify":1663230925442,"authorId":3582013756437525,"author":{"id":3582013756437525,"idStr":"3582013756437525","authorId":3582013756437525,"name":"Mousey","avatar":"https://static.tigerbbs.com/830131bc3b204bdb28fb53b87586f968","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145190412,"type":1,"supId":5209549,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"CN"},{"id":145377860,"gmtCreate":1626192751550,"gmtModify":1703755347632,"author":{"id":"3561630674343706","authorId":"3561630674343706","name":"Whateverlah","avatar":"https://static.tigerbbs.com/f0c49774c0eff8252ee6e61046f40c1e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3561630674343706","authorIdStr":"3561630674343706"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/145377860","repostId":1147338005,"repostType":4,"repost":{"id":"1147338005","kind":"news","pubTimestamp":1626189111,"share":"https://ttm.financial/m/news/1147338005?lang=&edition=fundamental","pubTime":"2021-07-13 23:11","market":"us","language":"en","title":"PepsiCo and Conagra plan to battle rising costs with higher prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1147338005","media":"CNBC","summary":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to","content":"<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PepsiCo and Conagra plan to battle rising costs with higher prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepsiCo and Conagra plan to battle rising costs with higher prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 23:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAG":"康尼格拉","PEP":"百事可乐"},"source_url":"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1147338005","content_text":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer price index jumped 5.4% in June compared with a year ago. It's the biggest monthly gain since August 2008. Food prices rose 0.8%. The Federal Reserve's current position is that current inflationary pressures are \"transitory,\" although the central bank's New York districtfound that consumers have different expectations.\nMaybe that's because they'll soon see higher prices on products like Slim Jim jerky and Orville Reden bacher popcorn, which are owned by Conagra. CEO Sean Connolly said in a statement that the company has upgraded its existing plans to respond to higher input costs. He explained that inflation accelerated during thefiscal fourth quarterended May 30, leading the company to expect \"materially higher\" costs than it did at the end of its fiscal third quarter in late February.\n\"While we are pleased with the initial results, there will be a lag between the time we are hit with higher costs and when we realize the benefits of our actions,\" Connolly said in the statement.\nThe delay is expected to hit Conagra's results over the next six months, leading the company to cut its fiscal 2022 forecast. The news hit Conagra's stock, dragging shares down by more than 4% in morning trading despite beating Wall Street's estimates for its top and bottom lines. The stock has fallen 5% this year, shrinking its market value to $16.5 billion.\nLikewise, Pepsi is also seeing higher costs for some ingredients, freight and labor. During a conference call Tuesday, CEO Ramon Laguarta told analysts that the company thinks it can manage the higher costs through a combination of higher prices and increased productivity. CFO Hugh Johnston said that Pepsi expects to continue its pattern of hiking prices after Labor Day.\nPepsi executives made similar comments on the prior quarter's conference call, although inflation has accelerated since then. Luckily for Pepsi, its ingredient basket is diverse, and no single commodity accounts for more than a tenth of the basket.\nPepsi shares rose more than 2% in morning trading, setting an all-time high for the stock, after thecompany's second-quarter earnings crushed Wall Street's estimates. The company also raised its forecast as consumers returned to restaurants and movie theaters. The stock is up 3% this year, giving it a market value of $212 billion, nearly 13 times that of Conagra.\nInflation is also trickling down to another kind of food buyer: restaurants.Chipotle Mexican GrillCEO Brian Niccol said on CNBC's\"Squawk Box\"on Tuesday that the burrito chain is seeing some cost pressure.\n\"Whether or not that is permanent in some of the key inputs for our business is to be determined, but I think the positive is that the supply chain is starting to break through some of the bottlenecks that we were battling throughout Covid,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5209448,"gmtCreate":1626192767374,"gmtModify":1663230923528,"authorId":3561630674343706,"author":{"id":3561630674343706,"idStr":"3561630674343706","authorId":3561630674343706,"name":"Whateverlah","avatar":"https://static.tigerbbs.com/f0c49774c0eff8252ee6e61046f40c1e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145377860,"type":1,"supId":0,"prevId":0,"content":"Let’s all drink coke","text":"Let’s all drink coke","html":"Let’s all drink coke"}],"langContent":"EN"},{"id":145356106,"gmtCreate":1626191436005,"gmtModify":1703755313570,"author":{"id":"3573362209667508","authorId":"3573362209667508","name":"davloh","avatar":"https://static.tigerbbs.com/ad3c04637a09efa5e7bcae94a6486323","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3573362209667508","authorIdStr":"3573362209667508"},"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/145356106","repostId":1147338005,"repostType":4,"repost":{"id":"1147338005","kind":"news","pubTimestamp":1626189111,"share":"https://ttm.financial/m/news/1147338005?lang=&edition=fundamental","pubTime":"2021-07-13 23:11","market":"us","language":"en","title":"PepsiCo and Conagra plan to battle rising costs with higher prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1147338005","media":"CNBC","summary":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to","content":"<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PepsiCo and Conagra plan to battle rising costs with higher prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepsiCo and Conagra plan to battle rising costs with higher prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 23:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAG":"康尼格拉","PEP":"百事可乐"},"source_url":"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1147338005","content_text":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer price index jumped 5.4% in June compared with a year ago. It's the biggest monthly gain since August 2008. Food prices rose 0.8%. The Federal Reserve's current position is that current inflationary pressures are \"transitory,\" although the central bank's New York districtfound that consumers have different expectations.\nMaybe that's because they'll soon see higher prices on products like Slim Jim jerky and Orville Reden bacher popcorn, which are owned by Conagra. CEO Sean Connolly said in a statement that the company has upgraded its existing plans to respond to higher input costs. He explained that inflation accelerated during thefiscal fourth quarterended May 30, leading the company to expect \"materially higher\" costs than it did at the end of its fiscal third quarter in late February.\n\"While we are pleased with the initial results, there will be a lag between the time we are hit with higher costs and when we realize the benefits of our actions,\" Connolly said in the statement.\nThe delay is expected to hit Conagra's results over the next six months, leading the company to cut its fiscal 2022 forecast. The news hit Conagra's stock, dragging shares down by more than 4% in morning trading despite beating Wall Street's estimates for its top and bottom lines. The stock has fallen 5% this year, shrinking its market value to $16.5 billion.\nLikewise, Pepsi is also seeing higher costs for some ingredients, freight and labor. During a conference call Tuesday, CEO Ramon Laguarta told analysts that the company thinks it can manage the higher costs through a combination of higher prices and increased productivity. CFO Hugh Johnston said that Pepsi expects to continue its pattern of hiking prices after Labor Day.\nPepsi executives made similar comments on the prior quarter's conference call, although inflation has accelerated since then. Luckily for Pepsi, its ingredient basket is diverse, and no single commodity accounts for more than a tenth of the basket.\nPepsi shares rose more than 2% in morning trading, setting an all-time high for the stock, after thecompany's second-quarter earnings crushed Wall Street's estimates. The company also raised its forecast as consumers returned to restaurants and movie theaters. The stock is up 3% this year, giving it a market value of $212 billion, nearly 13 times that of Conagra.\nInflation is also trickling down to another kind of food buyer: restaurants.Chipotle Mexican GrillCEO Brian Niccol said on CNBC's\"Squawk Box\"on Tuesday that the burrito chain is seeing some cost pressure.\n\"Whether or not that is permanent in some of the key inputs for our business is to be determined, but I think the positive is that the supply chain is starting to break through some of the bottlenecks that we were battling throughout Covid,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5209313,"gmtCreate":1626191836771,"gmtModify":1663230924741,"authorId":3581853261599921,"author":{"id":3581853261599921,"idStr":"3581853261599921","authorId":3581853261599921,"name":"Jayden86_","avatar":"https://static.tigerbbs.com/e0a3979b2998dfa9c0fddbce29da3ab9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145356106,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"},{"id":5209525,"gmtCreate":1626193523340,"gmtModify":1635230162551,"authorId":3584866808689633,"author":{"id":3584866808689633,"idStr":"3584866808689633","authorId":3584866808689633,"name":"zac90","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-1","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Debut Tiger","description":"Join the tiger community for 500 days","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","grayImgUrl":"https://static.tigerbbs.com/c5948a31b6edf154422335b265235809","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.11.03","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145356106,"type":1,"supId":5209313,"prevId":0,"content":"<u>cool</u>","text":"<u>cool</u>","html":"<u>cool</u>"},{"id":5251878,"gmtCreate":1626575163246,"gmtModify":1635226909537,"authorId":3573362209667508,"author":{"id":3573362209667508,"idStr":"3573362209667508","authorId":3573362209667508,"name":"davloh","avatar":"https://static.tigerbbs.com/ad3c04637a09efa5e7bcae94a6486323","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145356106,"type":1,"supId":5209313,"prevId":0,"content":"?","text":"?","html":"?"}],"langContent":"EN"},{"id":145350520,"gmtCreate":1626191163660,"gmtModify":1703755307257,"author":{"id":"3582525303305267","authorId":"3582525303305267","name":"Kohjiahao","avatar":"https://static.tigerbbs.com/de098ccdbee99736bbaf48b17c1bfa8f","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3582525303305267","authorIdStr":"3582525303305267"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/145350520","repostId":1147338005,"repostType":4,"repost":{"id":"1147338005","kind":"news","pubTimestamp":1626189111,"share":"https://ttm.financial/m/news/1147338005?lang=&edition=fundamental","pubTime":"2021-07-13 23:11","market":"us","language":"en","title":"PepsiCo and Conagra plan to battle rising costs with higher prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1147338005","media":"CNBC","summary":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to","content":"<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PepsiCo and Conagra plan to battle rising costs with higher prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepsiCo and Conagra plan to battle rising costs with higher prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 23:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAG":"康尼格拉","PEP":"百事可乐"},"source_url":"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1147338005","content_text":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer price index jumped 5.4% in June compared with a year ago. It's the biggest monthly gain since August 2008. Food prices rose 0.8%. The Federal Reserve's current position is that current inflationary pressures are \"transitory,\" although the central bank's New York districtfound that consumers have different expectations.\nMaybe that's because they'll soon see higher prices on products like Slim Jim jerky and Orville Reden bacher popcorn, which are owned by Conagra. CEO Sean Connolly said in a statement that the company has upgraded its existing plans to respond to higher input costs. He explained that inflation accelerated during thefiscal fourth quarterended May 30, leading the company to expect \"materially higher\" costs than it did at the end of its fiscal third quarter in late February.\n\"While we are pleased with the initial results, there will be a lag between the time we are hit with higher costs and when we realize the benefits of our actions,\" Connolly said in the statement.\nThe delay is expected to hit Conagra's results over the next six months, leading the company to cut its fiscal 2022 forecast. The news hit Conagra's stock, dragging shares down by more than 4% in morning trading despite beating Wall Street's estimates for its top and bottom lines. The stock has fallen 5% this year, shrinking its market value to $16.5 billion.\nLikewise, Pepsi is also seeing higher costs for some ingredients, freight and labor. During a conference call Tuesday, CEO Ramon Laguarta told analysts that the company thinks it can manage the higher costs through a combination of higher prices and increased productivity. CFO Hugh Johnston said that Pepsi expects to continue its pattern of hiking prices after Labor Day.\nPepsi executives made similar comments on the prior quarter's conference call, although inflation has accelerated since then. Luckily for Pepsi, its ingredient basket is diverse, and no single commodity accounts for more than a tenth of the basket.\nPepsi shares rose more than 2% in morning trading, setting an all-time high for the stock, after thecompany's second-quarter earnings crushed Wall Street's estimates. The company also raised its forecast as consumers returned to restaurants and movie theaters. The stock is up 3% this year, giving it a market value of $212 billion, nearly 13 times that of Conagra.\nInflation is also trickling down to another kind of food buyer: restaurants.Chipotle Mexican GrillCEO Brian Niccol said on CNBC's\"Squawk Box\"on Tuesday that the burrito chain is seeing some cost pressure.\n\"Whether or not that is permanent in some of the key inputs for our business is to be determined, but I think the positive is that the supply chain is starting to break through some of the bottlenecks that we were battling throughout Covid,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5209240,"gmtCreate":1626191416864,"gmtModify":1663230923644,"authorId":3582899687128084,"author":{"id":3582899687128084,"idStr":"3582899687128084","authorId":3582899687128084,"name":"Praveenh","avatar":"https://community-static.tradeup.com/news/ca83e56c05c3554c5521208a847e1257","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.08.07","exceedPercentage":"93.62%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145350520,"type":1,"supId":0,"prevId":0,"content":"Hi","text":"Hi","html":"Hi"}],"langContent":"EN"},{"id":145363572,"gmtCreate":1626190261896,"gmtModify":1703755283610,"author":{"id":"3581562365927542","authorId":"3581562365927542","name":"BBBBBBBBBB","avatar":"https://static.tigerbbs.com/973395458d7e1db24dbd4a689c79e8a2","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3581562365927542","authorIdStr":"3581562365927542"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145363572","repostId":1147338005,"repostType":4,"repost":{"id":"1147338005","kind":"news","pubTimestamp":1626189111,"share":"https://ttm.financial/m/news/1147338005?lang=&edition=fundamental","pubTime":"2021-07-13 23:11","market":"us","language":"en","title":"PepsiCo and Conagra plan to battle rising costs with higher prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1147338005","media":"CNBC","summary":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to","content":"<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PepsiCo and Conagra plan to battle rising costs with higher prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepsiCo and Conagra plan to battle rising costs with higher prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 23:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAG":"康尼格拉","PEP":"百事可乐"},"source_url":"https://www.cnbc.com/2021/07/13/pepsico-and-conagra-plan-to-battle-rising-costs-with-higher-prices.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1147338005","content_text":"PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.\nEarlier, the Department of Labor reported that the consumer price index jumped 5.4% in June compared with a year ago. It's the biggest monthly gain since August 2008. Food prices rose 0.8%. The Federal Reserve's current position is that current inflationary pressures are \"transitory,\" although the central bank's New York districtfound that consumers have different expectations.\nMaybe that's because they'll soon see higher prices on products like Slim Jim jerky and Orville Reden bacher popcorn, which are owned by Conagra. CEO Sean Connolly said in a statement that the company has upgraded its existing plans to respond to higher input costs. He explained that inflation accelerated during thefiscal fourth quarterended May 30, leading the company to expect \"materially higher\" costs than it did at the end of its fiscal third quarter in late February.\n\"While we are pleased with the initial results, there will be a lag between the time we are hit with higher costs and when we realize the benefits of our actions,\" Connolly said in the statement.\nThe delay is expected to hit Conagra's results over the next six months, leading the company to cut its fiscal 2022 forecast. The news hit Conagra's stock, dragging shares down by more than 4% in morning trading despite beating Wall Street's estimates for its top and bottom lines. The stock has fallen 5% this year, shrinking its market value to $16.5 billion.\nLikewise, Pepsi is also seeing higher costs for some ingredients, freight and labor. During a conference call Tuesday, CEO Ramon Laguarta told analysts that the company thinks it can manage the higher costs through a combination of higher prices and increased productivity. CFO Hugh Johnston said that Pepsi expects to continue its pattern of hiking prices after Labor Day.\nPepsi executives made similar comments on the prior quarter's conference call, although inflation has accelerated since then. Luckily for Pepsi, its ingredient basket is diverse, and no single commodity accounts for more than a tenth of the basket.\nPepsi shares rose more than 2% in morning trading, setting an all-time high for the stock, after thecompany's second-quarter earnings crushed Wall Street's estimates. The company also raised its forecast as consumers returned to restaurants and movie theaters. The stock is up 3% this year, giving it a market value of $212 billion, nearly 13 times that of Conagra.\nInflation is also trickling down to another kind of food buyer: restaurants.Chipotle Mexican GrillCEO Brian Niccol said on CNBC's\"Squawk Box\"on Tuesday that the burrito chain is seeing some cost pressure.\n\"Whether or not that is permanent in some of the key inputs for our business is to be determined, but I think the positive is that the supply chain is starting to break through some of the bottlenecks that we were battling throughout Covid,\" he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":219,"commentSize":28,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}