PepsiCo Q2 Profit Surges, Core Margin Drops, Confirms FY26 View; Stock Down

Snack and beverage giant PepsiCo, Inc. reported Thursday significantly higher profit for its second quarter mainly on sharply lower impairment charges, as well as increased net revenues and volume. Meanwhile, core operating margin declined from last year. Further, the firm maintained fiscal 2026 outlook for core earnings and sales growth.

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