PepsiCo Inc

PEP: XNAS (USA)
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PepsiCo Earnings: Headwinds Strengthen in North America With Higher Gas Prices; Shares Undervalued

PepsiCo's organic revenue rose 2% in the second quarter, comprising mid- to high-single-digit expansion internationally, 1% growth in North American beverages, and a 2% decline in North American foods. Core operating margin fell 40 basis points to 16.8%.

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