ChipsFortuneabout 2 hours ago
PepsiCo cuts chip prices amid Iran war
2 min read
PepsiCo slashed U.S. prices on Lay's, Doritos, Cheetos, and Tostitos chips by up to 15% ahead of the Super Bowl to win back frustrated shoppers. Second-quarter net revenue rose 6.4% to $24.2 billion, but snack sales volumes were flat in North America as gas prices spiked due to the Iran war.
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