Shares of PepsiCo Inc. PEP, -0.82% rose 0.9% in premarket trading Tuesday, after the beverage and snack giant reported fiscal second-quarter profit and revenue that were well above expectations, and affirmed its full-year outlook. "We are pleased with our results for the second quarter as our business momentum continued despite ongoing macroeconomic and geopolitical volatility and higher levels of inflation across our markets," said Chief Executive Ramon Laguarta.