PepsiCo beats revenue estimates, flags pressure from tighter consumer budgets

PepsiCo (PEP.O) beat Wall Street estimates for ​second-quarter revenue on Thursday, as the beverage giant ‌benefited from resilient demand for zero-sugar sodas in some of its key markets. The company also kept its annual forecasts unchanged, but said tightening consumer budgets…

To respect copyright, we link to the source rather than republishing the full text. Read the complete article on Cyprus Mail.