Price Hikes

PepsiCo Posts Rare Sales Miss As Price Hikes Dent Demand

PepsiCo fell short of Wall Street estimates for fourth-quarter revenue and forecast weak organic growth for 2024.

Pringles Maker Kellanova's Snack Demand Powers Results After Spinoff

Packaged food maker Kellanova, formerly Kellogg, beat third-quarter sales and profit estimates as consumers snapped up its Cheez-It cra...

Monster Beverage Edges Past Profit Expectations On Higher Pricing, Cooling Costs

Monster Beverage Corp beat estimates for third-quarter profit, helped by higher pricing for its energy drinks and hard seltzers.

Molson Coors Lifts Annual Core Profit Forecast On Price Hikes, Steady Demand

Molson Coors raised its annual core profit forecast after beating third-quarter, helped by price hikes as well as steady demand for its core beer brands li...

Hershey Tops Quarterly Estimates Boosted By Higher Candy Prices

Hershey beat Wall Street expectations for quarterly sales and profit, benefiting from higher prices of its chocolates and candies at a time when demand has...

Nestlé Says Price Rises Will Moderate In Rest Of 2023

Nestlé will raise prices at a more moderate rate in the remainder of 2023, its CEO said, as the company hit back at criticism that food manufacturer...

Procter & Gamble Raises Full-Year Sales Forecast On Higher Pricing

Procter & Gamble Co raised its full-year sales forecast on Friday, signalling higher prices would offset the hit from consumers turning to cheaper, pri...

Conagra Lifts Profit Forecast As Price Hikes Offset Demand Pressures

Conagra Brands Inc raised its full-year profit forecast, as the Slim Jim beef jerky maker bets on price increases to shield its margins at a time when dema...