PepsiCo Exceeds Revenue Forecasts with Strong Global Volumes
PepsiCo reported second-quarter revenue of $24.18 billion, surpassing expectations and rising 6.4% year-over-year. While adjusted earnings per share were slightly below forecasts at $2.20 versus the expected $2.21, organic growth was driven by pricing actions and improved sales volumes in both snacks and beverages segments.
Tickers: $PEP
Topics: Earnings Global Growth Revenue Beat