PepsiCo is set to report a fourth straight revenue decline in Q2, with EPS seen falling to $2.03 from $2.28. Analysts highlight weak US snack demand, high pricing, and shifting consumer habits as major drags. Tariff impact and recovery in Frito-Lay sales are key investor focus areas. Retail sentiment stays bearish; stock is down 10.8% YTD despite a recent bounce.