Big food companies like Coca-Cola, PepsiCo, and Domino’s Pizza reported quarterly earnings, emphasizing value for customers feeling price pressures. Coca-Cola’s CFO highlighted the resilience in the US market but noted pressure on lower-income consumers. Both Coca-Cola and PepsiCo saw declines in beverage volumes, with a focus on offering affordable options. PepsiCo’s CEO mentioned investing in value to retain consumers, while Coca-Cola highlighted growth in their zero-sugar portfolio. Domino’s CEO emphasized providing value to consumers, leading to share gains across income groups. The companies are adapting to meet consumer demands for value in a competitive market.
Read more at Yahoo Finance: Lower-income consumers remain ‘under pressure’ as big food companies lean on value message
