Pepsi (PEP) Tops Q2 EPS by 8c; Boosts FY15 Outlook
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PepsiCo Reports Second Quarter 2015 Results and Increases Full Year Earnings Outlook
July 9, 2015 6:30 AM EDTPURCHASE, N.Y., July 9, 2015 /PRNewswire/ --
Organic/core1 results Organic revenue grew 5.1 percent Core gross margin expanded 115 basis points   Core EPS was $1.32    Core constant currency EPS increased 11 percent    Reported (GAAP) results Net revenue declined 6 percent reflecting a 10-percentage-point impact of adverse foreign currency translation   Gross margin expanded 105 basis points   EPS increased 3 percent to $1.33   2015 outlook   Core constant currency EPS growth target raised to 8 percent (previously 7 percent)   Foreign exchange translation expected to adversely impact core... More