PepsiCo hikes prices by double digits for the 7th consecutive
PepsiCo’s revenue rose 7% in the third quarter despite lower demand as the company continued to hike prices.
PepsiCo’s revenue rose 7% in the third quarter despite lower demand as the company continued to hike prices. Pepsi raised prices 11% in the July-September period, the seventh straight quarter that the company has implemented double-digit price hikes. Sales volumes fell 2.5%. The company reported Tuesday that quarterly revenue was $23.4 billion. That was in line with Wall Street’s expectations. Net income for Pepsi, based in Purchase, New York, rose 14% to $3.1 billion, or $2.24 per share, which is better than expected.
PepsiCo
![](https://images.seattletimes.com/wp-content/uploads/2024/01/PepsiCobottle-tzr.jpg?d=1020x655)
Major French retailer drops PepsiCo products over high prices
PepsiCo
![](https://img.foodmanufacturing.com/files/base/indm/multi/image/2024/01/AP24023042210973.65b3e15424e12.png?auto=format%2Ccompress&fit=crop&h=167&q=70&rect=0%2C280%2C4588%2C2580&w=250)
PepsiCo Again Hikes Prices, Profits Jump 14%
PepsiCo hikes prices by double digits for the 7th consecutive quarter and profits jump 14%
![](https://static01.nytimes.com/newsgraphics/2023-10-11-inflation-overall/3f1cc1b7-5792-4700-b854-2e115635f43a/_assets/index-335.png)
September Inflation Report: Inflation Holds Steady - The New York Times
PepsiCo
![](https://wreg.com/wp-content/uploads/sites/18/2024/01/Dollar-general-grocery-earle.png)
PepsiCo hikes prices by double digits for the 7th consecutive quarter and profits jump 14%
![](https://images.english.elpais.com/resizer/xcB_JXDEpM1BOf2yREK1WeCaVDo=/1960x1470/cloudfront-eu-central-1.images.arcpublishing.com/prisa/ITLIBT3JW7RFNNWVRIMH3GH6GE.jpg)
PepsiCo products are being pulled from some Carrefour grocery stores in Europe over price hikes, Economy and Business
![](https://static.seekingalpha.com/cdn/s3/uploads/getty_images/97950864/image_97950864.jpg?io=getty-c-w750)
Pepsico products pulled from Carrefour (NASDAQ:PEP)