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

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.
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