Crunchy corn-cheese snacks, part of PepsiCo's Frito-Lay empire since 1965
PepsiCo has reported quarterly results showing mixed signals: overall revenue rose 6.4% to $24.18 billion, driven by international markets, while North American snack and beverage volumes fell. Analysts expected earnings of $2.19 per share; the company earned $2.18 per share, with flat North American volumes and a 4% drop in North American beverages. The guidance remains for modest full-year growth amid inflation headwinds.