PepsiCo has announced the shutdown of some of its operations at its Detroit facility. The company did not indicate in its statement how many employees will be affected by changes at the Mack Avenue plant,

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.

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

PepsiCo shares rose Thursday after the beverage and snack food giant affirmed its outlook and posted better-than-estimated quarterly results.

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.