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PepsiCo raises prices on snacks and sodas after recent cuts amid rising costs and weak beverage sales

Market News
09 Oct 2026
Fox Business
View Source
Bearish
PepsiCo raises prices on snacks and sodas after recent cuts amid rising costs and weak beverage sales

PepsiCo is increasing prices on popular snacks like Doritos, Ruffles, and SunChips by single-digit percentages following earlier price cuts aimed at attracting budget-conscious shoppers. The price hikes are driven by higher costs for fuel, aluminum, and agricultural supplies, partly due to geopolitical tensions and tariffs. Despite the price cuts helping regain some customers, PepsiCo's North American beverage division reported weaker-than-expected results, with flat snack volumes and a 2% drop in beverage sales. The company plans to focus on improving its beverage business and invest in brands like Poppi, Mountain Dew, and Pepsi to boost performance.

Following PepsiCo's announcement of price increases on snacks and some sodas, its stock on Pluang is trading at USD 127.25 as of Oct 09, 2026 15:31 WIB, down 1.26% for the day. The company holds a market cap of $168.88 billion and offers a dividend yield of 4.78%. Investor sentiment on Pluang shows 72% buying interest against 28% selling, with a typical hold time of 107 days.

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