PepsiCo (NYSE:PEP) delivered solid financial performance for the second quarter of 2014, fueled by strong snacks sales, pricing gains, and healthy demand in emerging markets. Both PepsiCo and industry leader Coca-Cola (NYSE:KO) saw a stabilization in sales of soft drinks in North America during the second quarter, while soda sales in emerging markets remain remarkably encouraging.

The slideshow below contains a few important concepts for investors willing to take a look at PepsiCo´s latest earnings report and what it means for shareholders in the company on a forward looking basis.

Andrés Cardenal has no position in any stocks mentioned. The Motley Fool recommends Coca-Cola and PepsiCo. The Motley Fool owns shares of PepsiCo and has the following options: long January 2016 $37 calls on Coca-Cola and short January 2016 $37 puts on Coca-Cola. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.