More on PepsiCo (PEP) Q2: net profit -21% to $1.49B, with refranchising in China and Mexico, as...

|About: PepsiCo Inc. (PEP)|By:, SA News Editor

More on PepsiCo (PEP) Q2: net profit -21% to $1.49B, with refranchising in China and Mexico, as well as forex fluctuations, hurting revenue and offsetting price rises. Americas Foods' organic revenue +7%, Americas Beverages' organic revenue +2%. Europe organic revenue +3%, operating profit +15%. On track to achieve FY targets.