PepsiCo earnings beat estimates as international demand boosts sales

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PepsiCo's volume and sales growth were better in most international markets than in its North America markets.

Bottles of Pepsi soda are seen on display at a Target store on February 09, 2024 in the Flatbush neighborhood of Brooklyn borough New York City.quarterly earnings and revenue that beat analysts' expectations, despite a recall of some Quaker Foods cereal and bars that dented volume.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Revenue: $18.25 billion vs. $18.

But the company's volume is still under pressure. Pepsi, along with many of its rivals, has seen its volume fall in response to higher prices for its Gatorade, Fritos and other products in its portfolio.

 

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