Tipping Point? KO, PEP, KDP See Slower Pricing Growth as Cost Inflation Recedes
Leaders Not Ready to Lift Foot From Pedal, Though
August 9, 2023
Beverage pricing growth in the US for both Coca-Cola and PepsiCo is likely to decelerate during the second half of this year, mostly as the rate of input cost inflation slows, according to those companies’ leaders. During analyst calls and interviews with BD during the recent spate of second-quarter earnings reports, executives said pricing for the second half of this year will be driven primarily by increases already