The company lowers prices up to 15% on brands like Lay’s and Doritos to regain shelf space.
These adjustments spark the first volume growth in North America foods in over a year.
PepsiCo reports strong performance in energy drinks and emerging prebiotic soda categories.
First-quarter revenue climbs 8.5% to $19.44 billion, exceeding analyst expectations of $18.94 billion.
The company maintains annual targets despite a volatile macroeconomic environment and rising input costs.
PepsiCo plans new Gatorade products featuring low sugar formulas and enhanced electrolyte blends.
Management streamlines operations by reducing product lines and optimizing supply chains to control expenses.
North America food volumes rise 2%, signaling renewed consumer demand after prolonged pricing pressure.
