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Lay's is a brand of potato chips with different flavors, as well as the name of the company that founded the chip brand in the United States. The brand is also referred to as Frito-Lay because both Lay's and Fritos are brands sold by the Frito-Lay company, which has been a wholly owned subsidiary of PepsiCo since 1965.

Lay's was first sold in 1932 by a salesman Herman Lay in Nashville, Tennessee (U.S.). He was a traveling salesman who sold his chips from the back of the car on the road during the Great Depression. The inventor always believed in providing quality snack to the consumers at affordable prices. Mr.

Lay & Company", which merged in 1961 to form "Frito-Lay, Inc". In 1965, Frito-Lay, Inc. merged with the Pepsi-Cola Company, resulting in the formation of PepsiCo. Since then, Frito-Lay has operated as a wholly owned subsidiary of PepsiCo.

History. In 1934, salesman Herman Lay opened a snack food operation in Nashville, Tennessee. In 1938, he purchased the Atlanta, Georgia-based potato chip manufacturer "Barrett Food Company", renaming it "H.W. Lay Lingo & Company".

As of my last knowledge update in September 2021, Frito-Lay was generating over $17 billion in annual revenue. Lay's is available in more than 200 countries, showcasing its global reach and market penetration. The brand invests heavily in research and development to continuously innovate and introduce new flavors.

Lay's is a very popular chip brand all over the globe, It was started in late 1940, and it contains a lot of outlets worldwide. This potato chips brand was owned by Frito Lay's with a turnover of 1.2 billion USD.

Lay's accounted for nearly 41 percent of the potato chip market. The next largest contenders were Ruffles and Pringles, with 18 and 13 percent share of the market, respectively.

Share: PepsiCo, Inc. recently reported its results for the fourth quarter and full-year 2022. The company's Frito-Lay's division full-year 2022 results reported an increased operating profit of 9% only for the U.S. market.

Lay's is a brand of potato chips with different flavors, as well as the name of the company that founded the chip brand in the United States. The brand is also referred to as Frito-Lay because both Lay's and Fritos are brands sold by the Frito-Lay company, which has been a wholly owned subsidiary of PepsiCo since 1965.

Lay's was first sold in 1932 by a salesman Herman Lay in Nashville, Tennessee (U.S.). He was a traveling salesman who sold his chips from the back of the car on the road during the Great Depression. The inventor always believed in providing quality snack to the consumers at affordable prices. Mr.

Lay & Company", which merged in 1961 to form "Frito-Lay, Inc". In 1965, Frito-Lay, Inc. merged with the Pepsi-Cola Company, resulting in the formation of PepsiCo. Since then, Frito-Lay has operated as a wholly owned subsidiary of PepsiCo.

History. In 1934, salesman Herman Lay opened a snack food operation in Nashville, Tennessee. In 1938, he purchased the Atlanta, Georgia-based potato chip manufacturer "Barrett Food Company", renaming it "H.W. Lay Lingo & Company".

As of my last knowledge update in September 2021, Frito-Lay was generating over $17 billion in annual revenue. Lay's is available in more than 200 countries, showcasing its global reach and market penetration. The brand invests heavily in research and development to continuously innovate and introduce new flavors.

Lay's is a very popular chip brand all over the globe, It was started in late 1940, and it contains a lot of outlets worldwide. This potato chips brand was owned by Frito Lay's with a turnover of 1.2 billion USD.

Lay's accounted for nearly 41 percent of the potato chip market. The next largest contenders were Ruffles and Pringles, with 18 and 13 percent share of the market, respectively.

Share: PepsiCo, Inc. recently reported its results for the fourth quarter and full-year 2022. The company's Frito-Lay's division full-year 2022 results reported an increased operating profit of 9% only for the U.S. market.