pepsi-cola

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.