PepsiCo reported better-than-expected quarterly results, with steady demand for sodas and snacks in the U.S. and Europe. The company remains resilient amidst geopolitical uncertainties. CEO Ramon Laguarta emphasizes offering products with natural ingredients. The company is rebranding Lay’s and Tostitos with no artificial colors or flavors.

PepsiCo’s North America foods business saw volume improvement by offering products at lower price points and adding new flavors. The company is closing some manufacturing facilities to match lower demand in the snacks category and adjusting its workforce accordingly. PepsiCo aims to mitigate the impact of President Trump’s tariff policy on its global supply chain.

Shares of PepsiCo rose 6% as a weaker dollar helped the company forecast a smaller annual profit drop. Expectations were exceeded as the company now expects a 1.5% decline in full-year core earnings per share, compared to a previously expected 3% decline. Organic revenue at PepsiCo’s North America beverage unit rose 1% in the second quarter.

PepsiCo’s second-quarter revenue increased about 1% to $22.73 billion, beating analysts’ estimates. Excluding certain charges, PepsiCo earned $2.12 per share, surpassing estimates of $2.03 per share. The company maintains its forecast for flat annual core earnings on a constant currency basis.

Read more at Yahoo Finance: PepsiCo’s results exceed expectations on international growth, soda demand rebound