A Real KO!

Avatar photo Doug Kass on July 28, 2026

Coca-Cola ($KO) beat earnings per share expectations by $0.04, beat revenue expectations and raised its fiscal 2026 organic revenue growth and comparable EPS growth guidance.

Not surprisingly, I expect a positive market response to the release, which should have a collaterol benefit to PepsiCo ($PEP).

Here is the complete release.  Coca-Cola Reports Second Quarter 2026 Results and Raises Full Year Guidance :: The Coca-Cola Company (KO)

Positions: KO VS PEP S

(An Updated) Things I Did Today

Avatar photo Doug Kass on July 21, 2026

Here are today’s things:

* Shorted $SPY at $748.67, $QQQ at $709.06 and $IWM at $295.97(all very small)

* In cannabis land, I added to these longs: $GTBIF at $7.10, $TRLV at $8.79 and $VRNO at $5.69  

* Added to $PEP long at $134.57

* Shorted $GRNY at $27.52 and $JOET at $45.28

Position: Long PEP (S), GTBIF (S), TRLV (S), VRNO (S); Short SPY (VS), QQQ (VS), IWM (VS) GRNY (M), JOET (S)

Things I Did Today

Avatar photo Doug Kass on July 21, 2026

Here are today’s things:

* Added to PEP ($PEP) $134.57

* Added to cannabis – TRLV ($TRLV) $8.79 and VRNO ($VNRO) $5.69

Positions: Long PEP S/M TRLV S VRNO S

Things I Did Today

Avatar photo Doug Kass on July 20, 2026

Here are today’s things:

* Added to $GTBIF at $7.08, $TRLV at $8.74, $VRNO at $5.72 and $MSOS at $4.39.

* Added small to $PEP at $136.32 and $PG at $148.73,

Position: Long MSOS (VL), GTBIF (S), TRLV (S), VRNO (S), PEP (S), PG (S)