PepsiCo Cuts Prices on Doritos and Lays to Win Back Budget-Conscious Snackers
PepsiCo has bounced back strongly after slashing prices on popular snacks like Doritos and Lay’s, helping to win over customers frustrated by earlier price hikes. The company reported an 8.5% rise in sales to $19.4 billion in the first quarter, alongside a 25% jump in operating profit to $3.2 billion. The turnaround followed targeted price…
