PepsiCo Q2 Earnings Surpass Market Expectations
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[Asia Economy Reporter Chunhee Lee] PepsiCo, which produces food and beverages including Pepsi Cola, announced earnings that exceeded market expectations.
On the 13th (local time), PepsiCo released its second-quarter results for this year. Second-quarter sales reached $19.217 billion (approximately 22.0131 trillion KRW), surpassing the market forecast of $17.97 billion.
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Operating profit was $3.129 billion (approximately 3.5843 trillion KRW), and net profit was $2.372 billion (approximately 2.7171 trillion KRW). Accordingly, earnings per share (EPS) also exceeded expectations at $1.72 (approximately 1,970 KRW), compared to the forecast of $1.53.
This content was produced with the assistance of AI translation services.
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