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PepsiCo Q2 Earnings Beat, Soft QFNA Results Hurt Stock - J&J Snack Foods (NASDAQ:JJSF), Vita Coco (NASDAQ:COCO)

Summary by Benzinga
PepsiCo, Inc. (NASDAQ: PEP) has reported robust second-quarter 2024 results, wherein earnings surpassed the Zacks Consensus Estimate, while revenues lagged. However, the top and bottom lines improved year over year. The company's results have mainly been aided by improvements in its international business, which delivered significant volume growth and organic revenue growth of 5.5% year over year. The international business also reported 10% cor…

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Benzinga broke the news in New York, United States on Thursday, July 11, 2024.
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