While we expect Pepsi Gross Profit Margin to remain flat over the Trefis forecast period, Trefis members expect the driver to trend below the Trefis forecast till 2012, and then trend above until 2016.
We currently forecast American Express-Issued Cards-in-Use in U.S. to grow from 30 million in 2010 to 34 million by 2012, and to trend to 43 million over the forecast period.