PepsiCo reported mixed second-quarter earnings with revenue beating expectations at $24.18 billion, driven by strong international demand for snacks and beverages. However, the company's North American food and beverage volumes were weak, with beverage volume down 4% due to inflation and higher prices affecting consumer spending. PepsiCo maintained its full-year forecast, expecting organic revenue growth of 2-4% and core earnings per share growth of 4-6%. The company is also adjusting prices and refreshing key brands to regain market share in the US.
PepsiCo reported mixed Q2 2026 earnings with earnings per share slightly below expectations at $2.20, but revenue rose to $24.18 billion driven by global volume growth. While international markets showed 3% food and 2% beverage volume increases, US v...
PepsiCo reported solid second-quarter results with a 6.4% increase in net revenue and 2.4% organic growth despite facing macroeconomic challenges. The company continues to demonstrate pricing power and strong competitive advantages, even as North Ame...
PepsiCo's shares fell about 4% after the company reported second-quarter adjusted earnings per share of $2.20, just below the $2.21 expected by analysts. However, revenue rose 6.4% year-over-year to $24.18 billion, beating estimates driven by pricing...
Semiconductor stocks led gains in Nasdaq futures, rising 0.51%, while Dow futures slipped 0.10% as investors reacted to mixed signals from the Federal Reserve and geopolitical tensions in Iran affecting oil prices. The Fed's recent meeting minutes sh...
PepsiCo reported a fiscal second-quarter profit and revenue that beat expectations, driven by strong international growth. However, the company's North America snack business volume remained flat despite two consecutive quarters of price cuts, and th...
