beverages

PepsiCo Second Quarter EPS Slide 7% to $0.98

PepsiCo%u2019s (PEP) said second-quarter reported earnings per share fell 7% from a year earlier to 98 cents. Reported net income declined 3%. The company repurchased $2.6 billion of common stock in the second quarter, the company said in a statement. It also spent $739 million on dividends.

Beverage Makers Unveil Summer Lineup of Drinks

Each spring, industry giants like National Beverage and Starbucks announce their new slate of summer flavors to distributors, retailers and consumers in an effort to generate plenty of buzz well before you hit the beach.