economy

February 3, 2026

PepsiCo cuts prices of Cheetos, Doritos and other snacks

February 3, 2026 / 11:05 AM EST / CBS News

PepsiCo cuts prices of Cheetos, Doritos and other snacks

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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