business / news / / The Boston Herald
PepsiCo’s decision to lower prices and cut artificial ingredients paid off in the first quarter.
PepsiCo's Q1 revenue rose 8.5% to $19.44 billion, surpassing analyst expectations.
KEY POINTS
- 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
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