PepsiCo reports Q2 core EPS $2.28, consensus $2.16

Reports Q2 revenue $22.5B, consensus $22.6B. “During the second quarter, our business delivered net revenue growth, strong gross and operating margin expansion and double-digit EPS growth, remaining agile despite facing difficult net revenue growth comparisons versus the prior year, subdued category performance within North America convenient foods and the impacts associated with certain product recalls at Quaker Foods North America,” said Chairman and CEO Ramon Laguarta.