PepsiCo Second-Quarter Results Top Views; Soft US Spending Hits North American Business
() -- PepsiCo (PEP) reported fiscal second-quarter results above Wall Street's estimates on Thursday, although soft consumer spending in the US weighed on its North American performance. The beverage and snacks giant posted adjusted earnings of $2.20 a share for the quarter ended June 13, up from $2.12 the year before