Lay’s and Doritos maker to raise prices on small bags of chips
Pepsi
PepsiCo — the company behind snack and beverage brands including Pepsi, Lay’s, Doritos, Gatorade and Quaker Oats — said it’s raising prices on some of its smaller chip bags just weeks after executives touted the success of earlier price cuts aimed at winning back cost-conscious shoppers. On the company’s earnings call last month, CFO Stephen Schmitt said PepsiCo was “investing in value,” while CEO Ramon Laguarta said lower prices on larger take-home snack bags sold in grocery stores were
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