PepsiCo said its North America business was softer than anticipated in the second quarter, with the region's organic volume declining 4%. The company attributed part of the weakness to tighter consumer budgets amid rising inflationary pressures. However, both Gatorade and Propel Zero delivered volume and net revenue growth, while sugar carbonated soft drinks, which includes its energy portfolio, also gained share. The company says it now expects a more gradual improvement in North America beverage performance trends for the rest of the year.
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(END) Dow Jones Newswires
July 09, 2026 07:32 ET (11:32 GMT)
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