PepsiCo sales fizz despite price increases                  

Outlook raised for second time this year as volumes hold up well

PepsiCo raised its outlook for the second time this year, saying it expects revenue to grow 10% this year as consumer demand remains resilient.

The beverages maker, which also sells Fritos and Quaker Oats, had previously increased its revenue forecast in April. Profit and sales in the second quarter beat estimates, the company said.