Today, beverage and snack producer, PepsiCo (NYSE:PEP), announced fiscal results for its 2Q. Net income increased 9% to $1.7 billion, or $1.05 per share, from last year's profit of $1.56 billion, or $0.94 per share. Revenue increases 14% to $10.95 billion, up from last year's $9.61 billion. Pepsi predicts volume growth for the year to be between 3 and 5%, low end-double digit revenue increase, and per share earnings of $3.72, at a minimum.

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