Will PepsiCo Profits Boost Case Against Breakup?

The transcript discusses PepsiCo's performance, highlighting its earnings growth and strategic decisions under CEO Indra Nooyi amidst pressure from investor Nelson Peltz. Peltz's push for a company split and proxy fight is noted, alongside PepsiCo's cost-cutting initiatives and product diversification efforts, such as introducing Pepsi True. The company is outperforming competitors like Coca-Cola, focusing on reducing reliance on sugary sodas and exploring new market strategies.

Discuss the implications of the potential proxy fight for control of the board at PepsiCo.

In what ways is PepsiCo trying to differentiate itself in a mature market?