PepsiCo to cut prices on Lay's, Doritos as consumers push back [BNN Bloomberg (Canada)]
PepsiCo, Inc. (PEP)
Last pepsico, inc. earnings: 4/28 06:03 am
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Source: BNN Bloomberg
The move is the result of an “extensive consumer feedback around affordability limitations” in the second half of 2025, the company said after reporting fourth-quarter results that topped market expectations. “We've spent the past year listening closely to consumers, and they've told us they're feeling the strain,” said Rachel Ferdinando, CEO of PepsiCo Foods U.S. The new prices will be on shelves this week. Like other consumer-facing companies such as P&G and Coca-Cola, PepsiCo has been planning to lower entry price points as U.S. consumers struggle with inflation and challenges such as the government shutdown last year that delayed access to food stamp benefits. The company is also in the middle of an aggressive strategy to cut costs across its business after pressure from activist investor Elliott Management, and several quarters of weak sales in the key North America market. As part of its review announced in December, PepsiCo is planning to reduce the number of products
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PEP
News
- Companies can now claim ‘no artificial colors' if they add plant-based color to food [Los Angeles Times (CA)]Los Angeles Times
- PepsiCo, Inc. (NASDAQ:PEP) Just Reported And Analysts Have Been Lifting Their Price Targets [Yahoo! Finance]Yahoo! Finance
- Companies can now claim 'no artificial colors' if they add plant-based color to food [Yahoo! Finance Canada]Yahoo! Finance Canada
- PepsiCo (NASDAQ:PEP) had its price target raised by analysts at Evercore ISI from $152.00 to $165.00.MarketBeat
- PepsiCo (NASDAQ:PEP) had its price target raised by analysts at HSBC Holdings plc from $152.00 to $175.00. They now have a "hold" rating on the stock.MarketBeat
PEP
Earnings
- 2/4/26 - Beat
PEP
Sec Filings
- 2/5/26 - Form 424B2
- 2/5/26 - Form FWP
- 2/4/26 - Form 424B2
- PEP's page on the SEC website