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Pepsi flagged higher prices this week. The pattern from 2021 and 2022 is repeating, where companies raised prices aggressively despite flattish volumes. What looked like a one-off tied to the Iran war two months ago now looks more structural. Companies are already telling markets they are raising prices into 2027.
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PEPSICO CUT TO NEUTRAL AT JPMORGAN; PT $138
Peperoncini jar allegedly containing dead mouse unearthed by TikTok user prompts mass recall
PepsiCo $PEP is raising prices on some chips, soda and dips
The company is expected to increase the prices on grocery-store-sized bags of chips, including Doritos, SunChips, and Ruffles, which had been cut earlier this year - Bloomberg
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PepsiCo is raising prices on some chips, soda and dips just months after pledging to make its snacks more affordable
PEPSICO TO RAISE PRICES
$PEP plans to raise prices on select chips, soda and dips by year-end or early 2027, just months after cutting snack prices by as much as 15% to revive demand.
Some chip prices are expected to rise by a low-to-mid single-digit percentage, though Pepsi says they will remain below pre-cut levels.
The move comes after North American food revenue fell 2% last quarter while volumes remained flat.
Source: Bloomberg
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PEPSICO IS RAISING PRICES ON SOME CHIPS, DIPS AND SODA
PEPSICO IS RAISING PRICES ON SOME CHIPS, DIPS AND SODA
Peptides are old soviet military technology btw
Alpha is often found in weird places
‘Peppa Pig’ creator’s $13.4M home burgled by gang behind one of world’s biggest art heists
