Business
PepsiCo posts better-than-expected second quarter despite lower US sales
Dee-Ann Durbin
Associated Press Published: July 17, 2025 at 6:22 AM Updated: July 17, 2025 at 7:03 AM Tags: Business FILE - Plastic bottles of Pepsi are displayed at a grocery store in New York on Nov. 15, 2023. (AP Photo/Ted Shaffrey, File) (Ted Shaffrey, Copyright 2023 The Associated Press. All rights reserved.)
PepsiCo reported better-than-expected earnings and revenue in the second quarter despite sluggish North American sales.
Sales of Frito-Lay and other snacks fell 1% in North America during the April-June period, PepsiCo said Thursday, while beverage sales were down 2% in the region. But sales rose in some other regions, including Latin America and Asia.
Revenue rose less