Apr. 7 at 1:18 PM
$COKE PEP raised price too much and saw volume decline and is now cutting price into a rising cost environment - so GM will compress hard
A 12 case of Coke can now cost
$12 at some retailers. But we are seeing Buy 3 for
$18 type of deals lowering the effective price to
$6. So price is being lowered via discount and perhaps outright soon
https://www.bloomberg.com/news/features/2026-04-07/pepsico-cuts-chip-prices-after-7-doritos-hurt-frito-lay-sales?srnd=homepage-americas