PepsiCo reported better-than-expected earnings and revenue in the second quarter despite sluggish North American sales.

Sales of Frito-Lay and other snacks fell 1 percent in North America during the April-June period, PepsiCo said last week, while beverage sales slid 2 percent in the region.

Years of double-digit price increases from PepsiCo and changing consumer preferences has weakened demand for the company’s drinks and snacks, PepsiCo said in February.

Last week company officials said it’s trying to combat perceptions that its products are too expensive by expanding distribution of value brands like Chester’s and Santitas.

Sales rose in some other regions, including Latin America and Asia. PepsiCo said low- or no-sugar
versions of its trademark Pepsi saw strong sales globally.

Revenue rose less than 1 percent to $22.7 billion in the April-June period. That was higher than the $22.3 billion Wall Street forecast, according to analysts polled by FactSet. PepsiCo’s net income fell 59 percent to $1.3 billion. Adjusted for one-time items, including impairment charges related to its Rockstar and Be & Cheery brands, PepsiCo earned $2.12 per share. That was also higher than the $2.03 analysts had forecast.

PepsiCo lowered its full-year earnings expectations in April, citing increased costs from tariffs and a pullback in consumer spending. The company reaffirmed that guidance last week.

Its tariff costs have risen since then. In June, the Trump administration hiked the tariff on imported aluminum from 25 percent to 50 percent.