Snacks and beverage giant Pepsico plans to raise prices on Doritos, Ruffles and SunChips, among other products, at the end of the year or beginning of 2027, after cutting prices earlier this year to boost sales. Bloomberg News reports this, citing sources.
Price increases on some chips are expected to be in the low-to-mid single-digit percentage range. Pepsico is also raising prices on some dips and is expected to do the same with parts of its soda range. The company’s North American food business most recently reported a 2 percent decline in revenue and flat volumes.