# PepsiCo’s decision to lower prices and cut artificial ingredients paid off in the first quarter.

*business · news · 2026-04-16 · The Boston Herald*

## Key points

- PepsiCo's Q1 revenue rose 8.5% to $19.44 billion, surpassing analyst expectations.
- PepsiCo's price cuts on brands like Chester’s and Santitas began last spring.
- QVC Group plans to file for Chapter 11 bankruptcy in Texas following a creditor agreement.
- QVC Group's 2024 sales dropped nearly 30% from its 2020 peak of over $14 billion.
- QVC Group shares have fallen from over $900 a decade ago to under $3 this week.

**Companies:** PepsiCo
**Countries:** United States

[Read the full story on The Boston Herald](https://www.bostonherald.com/2026/04/16/ticker-pepsi-sales-jump-on-price-cut-qvc-heading-for-bankruptcy/)

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