October 23, 2024

PepsiCo to cut prices of some snack foods to boost sales

 PepsiCo to cut prices of some snack foods to boost sales

PepsiCo to cut prices of some snack foods to boost sales

PepsiCo’s stock headed toward a nine-month low in premarket action Thursday after the beverage and food giant reported a rare quarterly revenue miss, citing weakness in snack-food sales and the impacts of product recalls at Quaker Foods.