PepsiCo Q2 Revenue Beats Expectations, But Shares Slide on Consumer Caution and North America Weakness

High gas prices cut snack buying. PepsiCo still grew, helped by global sales, but U.S. demand slowed and shares fell.

PepsiCo Q2 Revenue Beats Expectations, But Shares Slide on Consumer Caution and North America Weakness
Credit: Gabby Jones/Bloomberg
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