PepsiCo has announced plans to increase prices on select chips and beverages following a weak third-quarter performance, marked by declining soda sales and challenges in executing its strategic turnaround. The move comes as the company grapples with shifting consumer preferences and operational hurdles in its efforts to revitalize growth. Analysts will be watching closely to see whether the price adjustments help stabilize revenue amid broader industry pressures. Shareholders and competitors alike are likely assessing how this shift could reshape the snack and beverage giant’s market position.
PepsiCo said Thursday it’s raising prices on some chips and drinks after a disappointing third quarter, including soft soda sales and struggles pulling off its turnaround plan.
