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Ramon Laguarta, PepsiCo CEO, joins CNBC's 'Squawk on the Street' to discuss the company's most recent earnings, what potential health regulation means for PepsiCo's offerings, and much more.
PepsiCo Inc (NASDAQ:PEP, ETR:PEP) reported second-quarter revenue and earnings that beat Wall Street estimates on Thursday, as international markets helped offset weaker performance in its North American food business. The company posted revenue of $22.73 billion, topping analysts' average estimate of $22.29 billion, a 1% increase from a year earlier.
US stocks are anticipated to be slow out of the blocks on Thursday as earnings emerged from PepsiCo and Abbott Laboratories, with retail sales and manufacturing surveys due. Dow Jones futures were down 0.1% and those for the S&P 500 and Nasdaq 100 were flat.
Shares of PepsiCo Inc. climbed in premarket trading on Thursday after the snack and beverage giant reported a better-than-expected rise in second-quarter revenue, even as product volumes continued to decline and consumer sentiment remained cautious. The shares were rising by more than 2% during pre-market on Thursday.
Shares of PepsiCo Inc. PEP+1.15% were climbing 1.2% toward a three-month high in premarket trading Thursday, after the beverage and snack giant reported surprise growth in second-quarter revenue, as volume declines slowed, and kept its full-year outlook intact.
PepsiCo's quarterly earnings and revenue beat Wall Street's expectations. The company reiterated its full-year outlook.
My preference as an investor is to own well-run companies that pay me well to own them via reliable, and hopefully growing, dividends. And I like to buy stocks when Wall Street is downbeat on the shares.
PepsiCo, Inc. PEP will release earnings results for the second quarter, before the opening bell on Thursday, July 17.
Sydney McLaughlin-Levrone and Matthew Stafford Present Highest Honor in High School Sports LOS ANGELES , July 16, 2025 /PRNewswire/ -- Tonight, Gatorade named incoming Duke University basketball star Cameron Boozer and Brigham Young University (BYU) Cross Country and Track & Field commit Jane Hedengren as the 2024-25 Gatorade Best Male and Best Female Players of the Year, distinguishing the pair as the best high school athletes in the nation. Two-time Gatorade Best Female Player of the Year and 2015-16 & 2016-17 Gatorade National Girls Track & Field Player of the Year Sydney McLaughlin-Levrone and 2005-06 Gatorade Texas Football Player of the Year Matthew Stafford presented the honors live on stage at The 2025 ESPY Awards.
Stocks are moving higher ahead of earnings season. Many of the big technology stocks are expected to do well.