Cutting the cost of Doritos and Lays crisps helped PepsiCo win back snackers after a backlash over rising prices.

The food and drinks giant said on Thursday sales had jumped 8.5% in the first three months of the year to $19.4bn (£14.4bn).

It followed a series of price cuts ahead of the Super Bowl, some worth as much as 15%, on products including Doritos, Lays (known as Walkers in the UK), Tostitos and Cheetos.

PepsiCo chief executive and chairman Ramon Laguarta said the "affordability initiatives" had helped improve the firm's performance.

The firm had been struggling after angering customers with a series of price hikes in response to its own soaring costs in 2022.