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Chief Financial Officer Hugh Johnston said the company faced shortage of cans and Gatorade bottles in the last few months as restaurants and theatres reopened recently

PepsiCo to raise prices again early next year; blames supply chain challenges

PepsiCo Inc said on Tuesday it is expecting to raise prices of snacks and beverages again early next year due to supply-chain challenges

By 
Published - Oct 05, 2021, 10:10 PM ET
Last Updated - Jun 21, 2024, 03:46 AM EDT

By Shubhangi Mathur, 4:06 PM ET

Key Points:

· Due to supply-chain challenges, PepsiCo expects to hike prices again next year.

· PepsiCo had recently raised prices due to rising raw material prices.

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