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 DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b4f49bf2cab3af8a