Strong overseas markets cannot hide weak demand in North America. PepsiCo's Q2 organic sales and profits fell short of expectations.

According to ZhuTong Finance APP, global food and beverage giant PepsiCo (PEP.US) announced its second quarter performance for the 2026 fiscal year on Thursday, with net revenue increasing by 6.4% year-on-year to $24.18 billion, exceeding market expectations of $23.95 billion. However, the continued weakness in the North American market offset strong international demand, with core earnings per share at $2.20, lower than the analysts' consensus expectation of $2.21.