PepsiCo revenue grows even as beverage volumes keep falling — and its stock rises

Core Insights - PepsiCo reported an earnings beat and raised its full-year outlook despite a continued decline in beverage volumes in North America [1] Financial Performance - The company achieved better-than-expected earnings, indicating strong financial health [1] - The improved full-year outlook suggests confidence in future performance despite current challenges [1] Market Trends - Beverage volumes in North America have been declining for an extended period, highlighting a potential area of concern for the company [1]