# PepsiCo announced it would lower prices by up to 15% on some salty snacks.

*business · news · 2026-04-08 · Arkansas Online*

## Key points

- PepsiCo's Frito-Lay division missed internal revenue targets by over $1 billion for two years.
- Walmart reduced Frito-Lay shelf space, favoring its own brands and competitors due to high prices.
- PepsiCo began cutting snack prices by up to 15% in February 2025, focusing on larger bag sizes.
- PepsiCo regained double-digit shelf space at major retailers by agreeing to price cuts.
- Rising oil and packaging costs from the Iran conflict may offset the impact of these price reductions.

**Companies:** PepsiCo Inc., Walmart Inc., Conagra Brands Inc., General Mills Inc.
**Countries:** United States, Iran, Spain

[Read the full story on Arkansas Online](https://www.arkansasonline.com/news/2026/apr/08/high-chip-prices-cost-pepsico-billions/)

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