scarlet: chris shibutani with goldman sachs, thank you very much.g up, pepsico is seeing sluggish sales. the company gave guidance on how it plans to spice things up. that is next. this is bloomberg. ♪ scarlet: this is bloomberg markets. i'm scarlet fu. shares of pepsico tumble income of the worst one-day drop since october 2023 after sales missed estimates and the company forecasts sluggish full year growth. joining us now is deena shanker. is this a cost driven story or a growth story where they are trying to convince investors about the growth? >> probably the latter. the company needs to accelerate its sales. i think a lot of people would like to see some more price cuts but the company is saying they do not expect across the board they will be doing that. they are going to offer value in other ways, they say, basically going to offer a variety of package sizes so you can spend fewer dollars. on the other side, they will boost their healthy snacks, in line with a lot of consumer demand. scarlet: focusing on value, not cutting prices but may more