Latest / Calgary News Today | 2 Min News | The Daily News Now!
PepsiCo’s Soda Slide Amid Rising Costs | Calgary News
PepsiCo’s North American beverage sales took a 4% hit as inflation and soaring gas prices squeeze consumer budgets, forcing shoppers to cut back on drinks — while food sales held steady. CEO Ramon Laguarta admits the shift is faster than expected, prompting price cuts on snacks like Lay’s and Doritos to lure budget-conscious buyers. The company’s global sales, however, are booming in markets like Germany, the U.K., and India, showing resilience beyond North America’s slump. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.