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PepsiCo Inc. (NASDAQ: PEP ) said higher gasoline prices, partly driven by geopolitical tensions, weighed on consumer spending during the second quarter, particularly in convenience stores where impulse purchases slowed. During the earnings call, management said consumers continued to visit convenience stores but were l
PepsiCo, Inc. (NASDAQ: PEP ) reported second-quarter results Thursday that topped revenue expectations but fell just short on adjusted earnings, sending the stock lower in premarket trading. While revenue exceeded Wall Street estimates, investors appeared disappointed by a slight adjusted EPS miss, weaker-than-expected