economy
February 3, 2026
PepsiCo cuts prices of Cheetos, Doritos and other snacks
February 3, 2026 / 11:05 AM EST / CBS News
TL;DR
- PepsiCo is lowering prices on Cheetos, Doritos, Lay's, and Tostitos by up to 15%.
- The price cuts are intended to provide relief to consumers experiencing financial strain due to rising costs.
- The new pricing begins rolling out across the U.S. this week.
- The move follows a pullback in demand after PepsiCo previously increased prices.
- PepsiCo CEO Ramon Laguarta noted that price cuts boosted sales in market tests.
- Packaging and quantities of the snacks will remain unchanged.
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