PepsiCo reports second-quarter revenue that tops Wall Street expectations, helped by continued demand for zero-sugar sodas in several key markets, according to coverage cited by both sources. The company says it benefits from resilient consumption of its lower- or no-sugar beverage offerings. PepsiCo also maintains its annual outlook, indicating no change to its full-year forecasts.
At the same time, the company points to challenges from consumers facing tighter budgets amid ongoing inflationary pressures. It says these conditions weigh on growth in North America, where household spending power is under strain. While the exact magnitude of the North America slowdown is not detailed in the provided excerpts, the company’s commentary emphasizes that category performance and demand are uneven by region.
Overall, the reports present a picture of solid quarterly results supported by product mix and demand for zero-sugar options, alongside a cautious view of near-term growth conditions in North America as consumers adjust to higher prices.
