$PEP flat YTD to $135.5

MA (50)=$131.6

Q2'20 YOY
Rev=$29.8B
PepsiCo Bev=$9.8B, flat
Frito-Lay=$8.3B, up 6.4%
Europe=$4.6B
LATAM=$2.9B
Africa/Middle East/South Asia=$1.6B
Quaker Foods=$1.3B, up 18%

P/L=$3B

Q2 rev down (3%) &gt; fewer consumers bought drinks at stores/restaurants https://t.co/YHuWmSP5Cp