PepsiCo Says Snacks, Sodas Could Get Pricier After Scant Consumer Pushback

Bottles of Pepsi at a grocery store in Pasadena, Calif., on July 11, 2017. Mario Anzuoni/Reuters

PepsiCo Inc. raised its full-year revenue forecast on Tuesday and said it could increase prices further in the coming months, with the beverage giant seeing little impact on demand for its sodas and snacks despite decades-high inflation.

The company’s shares rose 1.5 percent to $173 in morning trading.