Arkansas Governor Sarah Huckabee Sanders is seeking clearance from the USDA to make candy and all types of soda ineligible for purchases under the Supplemental Nutrition Assistance Program, or SNAP, starting in July 2026 and the Agriculture Department is fast-tracking such requests from that state and others, reported The Wall Street Journal’s Laura Cooper, Kristina Peterson and Josh Dawsey. Soda, snack and candy makers include Coca-Cola (KO), PepsiCo (PEP), Keurig Dr Pepper (KDP), Hershey (HSY), Mondelez (MDLZ) and Nestle (NSRGY).
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KO:
- Philip Morris price target raised to $175 from $163 at BofA
- Citi adds two, removes two from North America Focus List
- Coca-Cola price target lowered to $73 from $74 at Barclays
- Dow Jones Index Today: Stocks Drop as Tariff Uncertainty Continues
- 4 Dividend Stocks that Could Be Your Life Jacket In This Manic Market