Tag Archives: Measured in snacks

Measured in snacks, consumer spending is just fine

The U.S. consumer is relatively financially healthy, despite turmoil in stock markets — at least if you measure in gas station snacks, according to one PepsiCo executive. “The U.S. consumer is doing just fine,” Hugh Johnston, Pepsi’s vice chairman and chief financial officer, told CNBC’s “Squawk on the Street” Thursday. Thanks in part to lower gas prices and improved employment, ... Read More »