“We do expect some more pressure on the business from a commodity standpoint,” CFO Steve Schmitt said on an earnings call.

PepsiCo reported strong second-quarter revenue, exceeding analyst expectations. Healthier product demand helped offset softer North America food sales during the period. The…

PepsiCo beat revenue estimates, but Iran war gas-price spikes left U.S. snack volumes flat and beverage sales down 4%.