PepsiCo (PEP 1.65%) 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 (KO 0.68%) 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.