Snacks are getting cheaper as Americans tire of high prices ...Middle East

News channel - News

By Ramishah Maruf, CNN New York (CNN) — Higher prices have gone too far even for salty snacks. PepsiCo’s snack unit Frito-Lay posted a dip in revenue in its second quarter Thursday after multiple quarters of price increases. Years of inflation have resulted in “tighter household financial conditions,” the company said in prepared remarks, so “performance across many food categories, including snacks, has been subdued and consumers have become more value-conscious.” As a result, the company is weighing some cost-cutting and boosting promotions for its portfolio of brands, which include Cheetos, Lay’s, Doritos and Smartfood, among other snacks. While inflation has slowed down, Americ

Hence then, the article about snacks are getting cheaper as americans tire of high prices was published today ( Friday 12/07/2024 - 02:13 PM ) and is available on News channel ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Snacks are getting cheaper as Americans tire of high prices )

Last updated : 12 July 2024 clock 02:13 PM

Also on site :

Snacks are getting cheaper as Americans tire of high prices ...Middle East

Tom Brady & Travis Scott in attendance Brazil vs Morocco FIFA World Cup 2026 match; meet Neymar

Boualem Khoukhi's goal on header in stoppage time earns Qatar a 1-1 World Cup draw with Switzerland

Kim Kardashian, Kanye West’s daughter North, 12, takes center stage for first solo music festival performance

Mexico Vs. South Africa Match Breaks Record For Most-Watched Fifa World Cup Opening Game

Shooting at South Carolina mall leaves at least two people wounded

Cheryl Krueger, founder of Cheryl's Cookies, dies after battle with Parkinson's

Ex-NFL Receiver Andre Rison Jailed for Allegedly Driving While Intoxicated

One Stop shop worker sacked after trying to tackle suspected shoplifter

Motorcyclist critically injured in crash on Spicewood Springs Road in Austin

Trump’s Name Is Gone From Kennedy Center’s Facade, According to Top Official at the Arts Venue

New defence secretary Dan Jarvis ‘determined’ to get Armed Forces ‘precisely’ what they need

Who is Boualem Khoukhi? Defender behind Qatar's historic first FIFA World Cup point

Bruce Springsteen Apologizes for Refusing to Allow His Song in Bono’s Gap Commercial, Tells U2 Frontman: ‘I Should Have F—ing Done It!’

Oklahoma’s Deiten Lachance hits game-changing HR despite badly sprained ankle

Tom Brady reunites with ex Bridget Moynahan as son Jack, 18, graduates high school