PepsiCo’s stock was having its best day in five years after earnings beat expectations in contrast to a profit miss in the previous quarter.

PepsiCo's quarterly earnings and revenue beat Wall Street's expectations. The company reiterated its full-year outlook. The company also shared details on its turnaround plan, a quarter after it lowered its guidance due to lower consumer spending and President Donald Trump's tariffs.

PepsiCo's stock soared following a strong second-quarter performance, exceeding Wall Street's revenue forecasts due to resilient pricing and improved North American execution. International market strength also fueled the company's growth,