PepsiCo Inc. posted lower revenue for the latest quarter as it made less in its main beverage segment, though its snacks sales rose as Covid-19 shelter-in-place measures and closures eased during the period.

The beverage giant on Monday said second-quarter sales fell 3.1% from the prior year to $15.95 billion. Analysts polled by FactSet were expecting $15.37 billion.


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