Expect price hikes of up to 10%

PepsiCo isn’t shying away from trying to protect its profit margins this year from surging inflation by increasing prices.

“With levels of inflation and commodities as high as they are right now, we clearly are going to have to take some pricing. We have been investing heavily in our brands and heavily in product innovation. Because the world is in a bit of a stressful place, the simple pleasures of our products I think people are generally finding worth paying a few pennies more for. You…


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