Tropicana is a great grocery brand. Tropicana is already showing growth, so PepsiCo is buying a company with momentum.
More Quotes from Douglas Lane:
We're seeing volumes start to increase, and the sticker shock from its higher pricing has begun to wear off. The question is how quickly can the company return to 7-8 percent case volume growth and 15-20 percent earnings per share growth.Douglas Lane
We continue to be concerned with the recent pattern of (the company's) estimate reductions, sales sluggishness in the core personal-care division, increasing margin pressures and deteriorating working capital trends.
Douglas Lane
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