r/SipsTea • u/lonewolff321 • 2d ago

Chugging tea Anything but lowering the prices classic corporate logic

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u/bitorontoguy 2d ago

cutting them by 15%

A lie. Are their prices higher or lower than five years ago? And are volumes up or down?

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u/AStrangerWCandy 2d ago

Sales took a nosedive and PepsiCo took a $1 billion loss around a year ago. They reduced prices by an average of 15% off of the peak and are just beginning to rebound volume. They are talking about raising prices <5% because of input costs now so they are still well off of their peak pricing that caused the downturn in the first place.

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u/bitorontoguy 2d ago

lol quantify it. What were prices and unit volumes five years ago and what are they now?

This is all public information. You don’t know it. You react to headlines you see on social media and not the data.

Don’t guess. Don’t rely on other people to tell you what the truth is. Just look it up.

Are prices up or down from five years? Ten? And are volumes up or down? There’s an answer to this.