Only Headwind company faces is the competition from Campa-Cola in the RTD business. Company has been forced to reduce margins.
Have not looked at full concall. Will post thoughts then. But today’s movement makes no real sense to me.
Beverages will bounce back in couple of quarters. Coffee is doing good. India foods can do much better but is solid.
What has really changed in last quarter that stock is down 15-20% from highs is something to look at.
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