Is PepsiCo's Frito-Lay Snacks Unit Still the Star Performer?
Key Takeaways PEP posted Q2 EPS of $2.12 on $22.73B in revenues, driven by pricing despite weaker volume trends.Pricing actions, AI-driven productivity and plant closures are helping protect margins and fund innovation.PEP is relaunching core brands and expanding value packs to reignite volume growth and consumer demand.PepsiCo, Inc.’s (PEP) Frito-Lay snacks unit continues to be a key growth engine, even as the company navigates a challenging North American market. Management emphasized that the food busine ...