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Stock impact report

A Little Pressure Helped Pepsi. Can the Rest of the Food Industry Follow? [Yahoo! Finance]

PepsiCo, Inc. (PEP) 
Last pepsico, inc. earnings: 4/28 06:03 am Check Earnings Report
US:NYSE Investor Relations: pepsico.com/investors
Company Research Source: Yahoo! Finance
For the past few years, food companies raised prices so aggressively that shoppers revolted, trading down to store brands and buying less. Now the industry is running the playbook in reverse, cutting prices and investing more in marketing and innovation. Most Read from The Wall Street Journal What It's Actually Like to Downshift Your Life After Divorce Inside the Nasty Fight Between Two of the World's Most Storied Gun Makers Suddenly Everyone Wants a Tailor. They're in Short Supply. Gates Foundation to Cut 20% of Staff, Review Epstein Ties Tim Cook Built Apple Into a $4 Trillion Powerhouse. He Leaves Big Challenges on AI. The strategy makes sense in theory. In practice, it is proving brutally difficult. PepsiCo, which owns the massive Frito-Lay snacking empire, has more breathing space than most. Still, its effective use of price reductions might point the way for rivals. Last week, the food and beverage giant reported a quarterly earnings beat and reaffirmed its full Show less Read more
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