"PepsiCo Beverages U.S. recently announced the shutdown of manufacturing, transport and maintenance operations at our Detroit site. Our warehouse, fleet, delivery, sales and field service teams will continue to operate at this location," said the statement from PepsiCo Beverages U.S.

PepsiCo’s stock jumped 7% on July 17 after a robust Q2 earnings announcement. The company not only surpassed expectations but also reiterated its full-year forecast and presented plans to rejuvenate its North American business, which has faced challenges due to various elements, such as changing consumer preferences and the Quaker Oats recall.

In Q2, revenue growth was 1%, and an asset write-down led to a considerable earnings decline. PepsiCo's growth prospects are more uncertain amid consumer and political pressures. PepsiCo (NASDAQ: PEP) just released its earnings results for the second quarter of 2025.

Americans are seeking out more high-protein food options, which is benefitting established companies like General Mills as well as newer up-and-coming brands.

PepsiCo is reporting better-than-expected earnings and revenue in the second quarter despite sluggish North American sales.

The food giant said its Frito-Lay snack division planned to make a line of Cheetos and Doritos with no artificial colors or flavors, as demand falters.

PepsiCo reported better-than-expected quarterly results on Thursday, driven by steady demand for its sodas and snacks in the U.S. and other major markets, including Europe.