Pepsi soda cases are displayed on 25 April 2025 at a costco wholesale store in San Diego, California.
Kevin Carter | Getty images
PepsiCo Despite the weak demand for its food and drinks in North America, the quarter income and revenue on Thursday met the expectations of analysts.
The company’s shares increased by about 2% in premaraket trading.
Here’s what the company expected compared to Wall Street, based on a survey of analysts by LSEG:
- Income per share: $ 2.12 adjusted vs $ 2.03 expected
- Revenue: $ 22.73 billion vs $ 22.27 billion is expected
Pepsi reported a year, a year ago, a company of $ 1.26 billion, a company of $ 1.26 billion, or 92 cents per share, below $ 3.08 billion, or the second quarter net income for $ 2.23 per share.
The company earned $ 2.12 per share, except for reorganization and overcade and other items.
Total sale From 1% to $ 22.73 billion. The company’s organic revenue, which excludes the acquisition, division and foreign exchange, increased by 2.1% during the quarter.
But the company is still looking into a soft demand for its products. Pepsi’s quantity worldwide fell 1.5% for its food and was flat for its drink. MT changes pricing and foreign currency.
The volume in North America again fell, although CEO Ramon Languarta said in a statement that the domestic business was improving. The company’s North American Food Division, which includes both Frito-Le and Quker Foods, reduced its volume by 1%.
Pepsi’s domestic beverage segment reported that its volume fell 2% in the quarter, although its name Soda was a bright place. Officials said in the prepared comments that the quantity for Pepsi increased during the quarter, and Pepsi Zero Sugar saw an increase in the amount of double digits.
As part of Pepsi’s strategy to promote its North American sales, it is bending in the craze and multicultural products of protein, such as Ceet Foods and Sabra. The company is also working on ensuring better in-store availability and placement of its products.
Pepsi is also cutting cost and trying to improve its profit margin. The company discontinued two manufacturing plants for its North American food business during the quarter. Pepsi also said that he is trying to make his transport and logistics more efficient.
The company said it is evaluating how it spends its marketing dollar to ensure that it is getting the best returns on its investment. And Pepsi are also looking for any overlap between their North American food and beverage businesses to cut repetition and better integrate two divisions.
Pepsi repeated his entire year view. This still hopes that its main continuous currency income increases with a low single digit percentage per share and almost unchanged from the pre -year and organic revenue.
Last quarter, company Cut forward its earningsQuot New tariffEconomic instability and a more vigilant consumer.
