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 due to rising inflationary pressures had held back growth in North America.
Organic sales for the company’s North America foods business were down about 2 per cent in the
