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.
![](https://bloximages.newyork1.vip.townnews.com/wenatcheeworld.com/content/tncms/assets/v3/editorial/2/b6/2b63611f-444a-500f-a2e0-d4180c0d5a72/63e4e41c6b98d.image.jpg?resize=400%2C225)
Pepsi Cans Price Hikes After Profit Beat As Consumer Demand Fades, The Street Market News
![](https://static.seekingalpha.com/cdn/s3/uploads/getty_images/97950864/image_97950864.jpg?io=getty-c-w750)
Pepsico products pulled from Carrefour (NASDAQ:PEP)
![](https://cdn.benzinga.com/files/imagecache/1024x768xUP/images/story/2022/10/13/shutterstock_1496720495_1.jpg)
Why 3 Pepsi Analysts Are Raising Price Targets After Q3 Earnings
PepsiCo hikes prices by double digits for the 7th consecutive quarter and profits jump 14%
![](https://www.thetimes.co.uk/imageserver/image/%2Fmethode%2Ftimes%2Fprod%2Fweb%2Fbin%2F2382a462-678d-11ee-a4e7-0fb10af55688.jpg?crop=2985%2C1679%2C0%2C155&resize=1200)
Consumers swallow Pepsi's big price rises
![](https://images.seattletimes.com/wp-content/uploads/2024/01/PepsiCobottle-tzr.jpg?d=1020x655)
Major French retailer drops PepsiCo products over high prices
![](https://bloximages.chicago2.vip.townnews.com/richmondregister.com/content/tncms/assets/v3/editorial/4/92/4925638a-ba57-5f64-a072-ddaad02b88cd/659806c0f3c63.image.png?crop=673%2C353%2C0%2C47&resize=673%2C353&order=crop%2Cresize)
PepsiCo products are being pulled from some Carrefour grocery stores in Europe over price hikes, Business
![](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://img.foodmanufacturing.com/files/base/indm/multi/image/2024/01/oatly_carvel_2.65b91bda60a09.png?auto=format%2Ccompress&fit=crop&h=220&q=70&rect=0%2C171%2C1920%2C1083&w=330)
PepsiCo Again Hikes Prices, Profits Jump 14%
![](https://image.cnbcfm.com/api/v1/image/107271404-1689278885299-aa8_img_100_99_112_1917665_1000-1689278808970.jpg?v=1689279148&w=1920&h=1080)
Stock market today: Live updates
![](https://cdn.kscope.io/0979158a5ec4f03a2ae75f17b454e92f-pep3495251-pre14a1x1x1.jpg)
SEC Filing
PepsiCo
PepsiCo
![](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
![](https://static.foxbusiness.com/foxbusiness.com/content/uploads/2022/07/doritos.jpg)
Supermarket removing PepsiCo products over 'unacceptable' price hikes