PepsiCo Reaffirms Full-Year Outlook Amid Strong International Growth
During its Q2 earnings call, PepsiCo reaffirmed its full-year outlook citing nearly 7% revenue growth in the first half and strong international momentum. However, North America underperformed expectations due to higher gasoline prices impacting convenience sales.
Tickers: $PEP
Topics: gasoline_impact international_momentum north_america_performance revenue_growth