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What Drove PepsiCo’s Operating Margin Expansion in Fiscal Q2

What Drove PepsiCo’s Operating Margin Expansion in Fiscal Q2

PepsiCo’s (PEP) gross margin narrowed in the second quarter of fiscal 2018, which ended on June 16. Commodity inflation and higher transportation costs have been impacting PepsiCo’s and other consumer-sector companies’ gross margins.