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PepsiCo exceeds revenue expectations as zero-sugar drinks offset North America losses
2 sourcesFirst reported 13 days agoUpdated 12 days ago
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What all sources covered
- PepsiCo reported second-quarter revenue that exceeded Wall Street estimates, attributed to strong demand for zero-sugar beverages.
- The company noted that its performance helped offset revenue declines in North America.
- Despite the challenging economic environment and tighter consumer budgets, PepsiCo maintained its annual forecasts.
- The sales growth was aided by a rising interest in prebiotic sodas and high-protein snacks.
- PepsiCo's results suggest resilience in specific product categories amid broader market pressures.
2 sources
Who reported first
NaftemporikiFirst
Cyprus Mail+15h
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