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Earnings Results
PepsiCo cut snack prices again, but not enough to get American consumers to buy moreBeverage and snack giant’s stock was having its worst day in 15 months as an earnings beat didn’t prompt an increase in the full-year outlook
Updated July 9, 2026, 10:58 a.m. ETShares of PepsiCo fell in early Thursday trading after the beverage and snack giant’s fiscal second-quarter profit and revenue beat expectations — but didn’t prompt an increase in the full-year outlook.
And while the international business showed strong growth, the North America volume in the snacks business was flat despite a second consecutive quarter of price cuts — and the beverages business remained a problem.
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