Pepsi announced second quarter earnings Wednesday that beat Wall Street expectations. The company, which also owns snack company Frito-Lay and beverage brands Tropicana, Mountain Dew and Gatorade, among others, reported revenue of $16.8 billion and net income of $2 billion, both increases over the prior year’s figures.
Pepsi is currently under attack from activist investor Nelson Peltz, who wants the company to separate its soft drink and snack business. Pepsi is against such a move.
Below is a pretty sweet chart that highlights some key items from Pepsi’s earnings report.
- The family of Sandra Bland, who died in a Texas jail cell in July three days after she was detained during a traffic stop, filed a wrongful death lawsuit in federal court.
- Migrant deaths in the Mediterranean have exceeded 2,000, making 2015 the deadliest year for people trying to reach Europe, according to the International Organization for Migration.
- At least 24 homes have been lost and one firefighter killed as dozens of wildfires continue to ravage drought-stricken California.