PepsiCo (PEP) reported its second quarter earnings, revealing some weakening in demand as consumers fight back against high prices and shrinkflation. On the conference call, CEO Ramon Laguarta commented the company has work ahead of itself to earn back those discerning consumers.

Yahoo Finance Executive Editor Brian Sozzi joins Morning Brief to give insight into these consumer brands and what they signal about the state of the consumer.

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This post was written by Nicholas Jacobino