Global food manufacturer PepsiCo has published its results for the 12 weeks ended 14th June 2025, reporting a net sales increase of 1% to reach $22.7 billion.

The company achieved gross profit of $12.4 billion, down on the $12.5 billion for the same period in 2024. For Q2 2025, it reported a net income of $1.2 billion, down from the Q2 2024 net income of $3 billion.

PepsiCo’s Europe, Middle East and Africa (EMEA) division reported an 8% increase in revenue for Q2, while PepsiCo Foods North America reported a rise of 1%.

Ramon Laguarta, chairman and CEO of PepsiCo, commented: “We’re encouraged by the acceleration in our net revenue growth versus the previous quarter with our businesses effectively navigating through a challenging environment. Our international business momentum continued, while our North America businesses improved their execution and competitiveness in key subcategories and channels.

“As we look ahead, we will continue to build upon the successful expansion and growth of our International business and accelerate initiatives to improve our North America business performance. These initiatives include more portfolio innovation and cost optimisation activities that aim to stimulate growth and profitability.

“As a result, for fiscal 2025, we remain confident in our ability to deliver low-single-digit organic revenue growth with core constant currency EPS to be approximately even with the prior year. Our core USD EPS outlook has improved versus our previous expectations as foreign exchange headwinds have moderated, due to the weakening of the US dollar.”