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PepsiCo has leaned heavily into price increases over the past two years to combat higher ingredient costs. The fourth quarter of 2023 was the company’s eighth straight quarter of double-digit ...
www .pepsi .com. Pepsi is a carbonated soft drink with a cola flavor, manufactured by PepsiCo. As of 2023, Pepsi is the second most valuable soft drink brand worldwide behind Coca-Cola; [1] the two share a long-standing rivalry in what has been called the "cola wars". [2]
Price hikes lifted PepsiCo's profits in the third quarter, but the company says those increases are likely to moderate in the coming year. Pepsi raised prices 11% in the July-September period, the ...
PepsiCo has already raised prices of its sodas and snacks in recent weeks, echoing the strategy of broader packaged foods industry as rising raw material prices pinch profit margins.
PepsiCo, Inc. is an American multinational food, snack, and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase. PepsiCo's business encompasses all aspects of the food and beverage market. It oversees the manufacturing, distribution, and marketing of its products. PepsiCo was formed in 1965 with the merger of the ...
The Cola wars are the long-time rivalry between soft drink producers The Coca-Cola Company and PepsiCo, who have engaged in mutually-targeted marketing campaigns for the direct competition between each company's product lines, especially their flagship colas, Coca-Cola and Pepsi. Beginning in the late 1970s and into the 1980s, the competition ...
Pepsi’s revenue rose 10% to $22.3 billion, topping Wall Street’s projections for $21.7 billion, according to analysts polled by FactSet. PepsiCo raises 2023 profit expectations as price hikes ...
It was first test marketed in 1963 under the name Patio Diet Cola, and was re-branded as Diet Pepsi when it officially launched in 1964. It is known as Pepsi Light in most international regions, and Pepsi Diet in the UK from the late-1990's until 2013. Caffeine Free Diet Pepsi. 1982. Pepsi without the Caffeine.
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