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PepsiCo Announces Hikes
- PepsiCo announced low-to-mid single-digit price hikes on select Doritos, Ruffles and soda products.
- The hikes will begin in late 2026 or early 2027 and stay below pre-discount levels.
- PepsiCo shares traded at EUR 112.48, 0.8% above the 52-week low of EUR 111.32.
- PepsiCo closed its Cheverly, Maryland facility, eliminating 143 jobs.
- Johnson & Johnson CEO Joaquin Duato will join PepsiCo’s board and audit committee on Dec 1 2026.
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