PepsiAmericas (PAS) Investor Relations and Media Machine announced that Robert C. Pohlad, PepsiAmericas’ Chairman and Chief Executive Officer, will express confidence in the Company’s outlook and reaffirm its full-year 2008 adjusted diluted earnings per share (EPS) guidance. The Company expects full-year adjusted EPS from continuing operations to be in the range of $1.92 to $1.96.
He will do it at the Lehman Brothers Back-to-School Consumer Conference in Boston.
So why bother going to the conference? What does PepsiAmericas and Lehman Brothers get out of it other than a PR opportunity? If there is no change why blow the trumpet? The webcast will be available on the PepsiAmericas web site.
If it’s in the nuance when does it become a Reg FD issue? If there is no nuance when does communication become promotion?