More Mixed Earnings From CPG Companies — The Stockout

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It was a busy week of earnings for CPG companies and Mike Baudendistel breaks down the larger implications of earnings reports from companies including Nestle NSRGF, Procter & Gamble PG, L'Oreal LRLCY, and more. 

Baudendistel explains how CPG earnings show a shift in consumer demand away from cleaning products but toward beauty and makeup products. However, with the continued spread of the delta variant of COVID-19, demand for cleaning products could tick back up. 

Also on this episode is a dissection of the decision to charge Nikola's former executive chairman, Trevor Milton, with fraud and what the implications could be for the transportation industry. 
You can find more episodes of The Stockout and recaps of all our live podcasts here.

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