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PepsiCo is giving shoppers a break on chips after years of snackflation
Alex Bitter Oct 8, 2024, 1:37 PM EDT
https://www.businessinsider.com/pepsico-selling-bigger-bags-of-chips-after-years-food-inflation-2024-10
PepsiCo is adding chips to its packs in a bid to win over inflation-weary shoppers.
The company's snack revenue fell 1% during the third quarter, it said Tuesday.
It's the latest sign that shoppers are getting some relief after years of rising food prices.
There's finally some good news for shoppers tired of rising food prices and shrinking grocery products.
PepsiCo is adding more chips in packs without raising prices, company executives said during an earnings call on Tuesday.
Bags of Tostitos, Ruffles, and Doritos now contain 20% more chips, CEO Ramon Laguarta said on the call. PepsiCo is also adding two or three extra bags of chips to variety packs, which typically contain about a dozen small bags of chips, he said.
Alex Bitter Oct 8, 2024, 1:37 PM EDT
https://www.businessinsider.com/pepsico-selling-bigger-bags-of-chips-after-years-food-inflation-2024-10
PepsiCo is adding chips to its packs in a bid to win over inflation-weary shoppers.
The company's snack revenue fell 1% during the third quarter, it said Tuesday.
It's the latest sign that shoppers are getting some relief after years of rising food prices.
There's finally some good news for shoppers tired of rising food prices and shrinking grocery products.
PepsiCo is adding more chips in packs without raising prices, company executives said during an earnings call on Tuesday.
Bags of Tostitos, Ruffles, and Doritos now contain 20% more chips, CEO Ramon Laguarta said on the call. PepsiCo is also adding two or three extra bags of chips to variety packs, which typically contain about a dozen small bags of chips, he said.
