Overview

• Adjusted Q2 EPS reached $2.12, surpassing analysts’ $2.03 estimate, while revenue climbed 1% to $22.73 billion.
• The company narrowed its full-year core EPS decline forecast to 1.5%, improved from an earlier 3% projected drop.
• North America snack sales fell 1% and beverage sales dipped 2% in Q2, offset by 2.1% organic growth overseas.
• CEO Ramon Laguarta credited a softer dollar for the better outlook and highlighted pricing actions and cost cuts to absorb higher tariff costs.
• On July 15, PepsiCo partnered with Cargill to advance regenerative agriculture practices over 240,000 acres through 2030.