A surge in snack sales helps Pepsico to beat Q2 earnings

Pepsico (PEP) company reported its earnings today and the stock soars higher after earnings beat. The stock market, today saw a records move as the Dow is up by over 400 points. The company reported a surge in snack sales, the need for caffeine plus sugar that consumers are craving for as they work from home. Quaker oats sales were up 23%, and that shows that the pandemic has been good to Pepsico. 


Pepsico Q2 revenue for North America 

  • Frito-Lay - sales up 7%
  • Quaker Foods. Sales up. 23 percent 
  • Adjusted Earnings per shares: $1.32 vs $1.25 estimate 
  • Revenue came in at $15.95B vs $15.38B estimate 
  • Frito-Lay and Quaker oats post jump in U.S. sales, while beverage slides

Pepsico (PEP) is trading at $136.84 per share, the stock is up 1.77 percent today. Pepsico is a beverage and snack giant with distribution across not America and some parts of the world. The company reported quarterly earnings of $1.32 per share, caused by a 4% jump in organic sales of its snack offerings.  


The company did not issue any financial guidance for feature earnings.

Pepsico stock  

Pepsico Global brand product

  • Pepsi Soda
  • Classic potato chips – Frito-Lays
  • Mountain Dew
  • Doritos
  • Gatorade
  •  Tropicana Orange Juice
  • Quaker oats
  • Lipton drink
  • Starbucks ready-made drinks
  • Aquafina
  • Ruffles chips
  • Cheetos Chips
  • Brisk drinks
  • Tostitos
  • Fritos’
  • Diet Pepsi
  • Sierra Mist
  • Mirinda

Pepsico 2020 Q2 earnings link 

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