PepsiCo reported mixed quarterly results as North American demand for its snacks and drinks declined for the fifth straight quarter. Shares fell more than 2% in premarket trading. The company reported adjusted earnings per share of $1.96, slightly beating the $1.94 expected. Revenue came in at $27.78 billion, just below the expected $27.89 billion. Net income rose to $1.52 billion, or $1.11 per share, from … Continue reading PepsiCo earnings beat estimates, but demand for drinks and snacks drops