Core Insights - The snack food industry, dominated by companies like Pepsico, Nestle, and Mondelez International, is experiencing a decline in sales, with Pepsico reporting a 0.2% revenue decrease in Q4 2024 and a 3% drop in Frito-Lay sales volume [2][3] Group 1: Pepsico and Frito-Lay - Pepsico's Frito-Lay brand has seen a significant decline in sales, attributed to inflation, higher borrowing costs, and a consumer shift towards health and wellness [2] - Pepsico announced the closure of its Frito-Lay distribution facility in Rancho Cucamonga, California, to align production with decreasing demand, resulting in the layoff of 248 employees [8][9] - Frito-Lay is also closing several warehouse and distribution facilities across the nation as part of its operational downsizing [6][7] Group 2: Other Companies in the Snack Industry - J.M. Smucker Co. has reported declining sales in its Sweet Baked Snacks business, with third-quarter results falling below expectations [3] - The CEO of J.M. Smucker indicated that the stabilization of sweet snack sales is taking longer than anticipated [4] - CandyWarehouse.com Inc. filed for Chapter 11 bankruptcy in October 2025 due to a significant revenue drop, highlighting distress in the sweet snacks sector [5]