PepsiCo said second-quarter earnings per share grew 15 per cent to $0.94, with each of the company's divisions contributing to the 10 per cent revenue and 9 per cent operating profit growth.
For the three months to June 30th, the company also reported net profits of $1.557 billion against $1.375 billion and revenues of $9.6 billion against $8.7 billion.
"All of our lines of business performed at or above our expectations, enabling us to generate strong division profit growth while lapping last year's best quarter," said PepsiCo chairman and CEO Indra Nooyi.
Ms Nooyi raised PepsiCo's full-year earnings guidance to "at least" $3.35 per share.