Core Viewpoint - PepsiCo reported strong financial results for Q2 2025, with net sales of $22.726 billion and organic sales growth of 2.1%, indicating resilience in a challenging environment [1] Financial Performance - Net sales reached $22.726 billion (approximately ¥164.887 billion) [1] - Operating profit was $1.789 billion (approximately ¥12.98 billion) [1] - Organic sales grew by 2.1% year-over-year [1] Market Expansion and Strategy - PepsiCo's market share in China's food and beverage sector continues to expand, demonstrating robust performance [1] - The company is adapting to the rapidly changing Chinese consumer market by focusing on health, taste, emotional resonance, and emerging channels [1] - PepsiCo is enhancing its local supply chain advantages to improve product competitiveness [2] Product Innovation - The introduction of new products like the "Milk Bare Rice Cake" and the dragon fruit dried product has been successful, with the latter quickly entering the top 10 dried fruit list at Sam's Club [2] - PepsiCo's commitment to innovation is evident in its quick-to-market strategy, exemplified by the "farm-to-shelf" potato chips [2] Investment and Future Outlook - PepsiCo is investing in local production capabilities, with a new food factory in Xi'an expected to be operational by Q3 2025 [2] - The company views investment in China as essential for high-quality growth, with plans to share its "China experience" across the Asia-Pacific region [3][4] Technological and Sustainable Practices - PepsiCo is leveraging its experience in China to enhance global operations, including the introduction of sustainable practices like biogas projects [3] - The company's agricultural system in China is becoming a vital part of its global supply chain [3]

Core Insights - PepsiCo reported Q2 2025 net sales of $22.726 billion, with an operating profit of $1.789 billion and organic sales growth of 2.1% [1] - The company maintains stable growth in market share for its food and beverage business in China [1] - CEO Ramon Laguarta expressed optimism about the acceleration of net sales growth and the effectiveness of the company's operations in a challenging environment [1] Financial Performance - Q2 2025 net sales: $22.726 billion (approximately ¥164.887 billion) [1] - Q2 2025 operating profit: $1.789 billion (approximately ¥12.98 billion) [1] - Organic sales growth: 2.1% [1] Strategic Initiatives - The company aims to continue expanding its international business and enhance performance in the North American market [1] - For FY 2025, PepsiCo expects low single-digit organic revenue growth and core fixed currency EPS to remain flat compared to the previous year [1] Product Development - Launched "Naked Rice Cakes" in China in June [1] - Introduced a new snack brand, Bare, focusing on fruit and vegetable snacks, with dragon fruit chips ranking in the top 10 dried fruit list at Sam's Club within 20 days of launch [1] - Collaborated with Sam's Club to develop a new savory oatmeal product, Quaker High Fiber Oatmeal with Tomato Basil flavor, launched in July [1] Expansion Plans - The new food factory project in Xi'an, Shaanxi, is on track to be completed by Q3 2025, serving the growing consumer demand in the northwest region [2]