Cheetos is coming at Kraft for the Mac and Cheese throne.
Last month Pepsico CFO Hugh Johnston announced they were making the Cheetos mac and cheese due to the rise of sales of pre-packaged food during the pandemic.
Via Yahoo Finance
“We’ve announced we’re actually getting into the mac and cheese business. But we’re going to do it in a PepsiCo way. It’s going to be Cheetos mac and cheese with the comfort that Cheetos brings,” PepsiCo CFO Hugh Johnston said on Yahoo Finance’s The First Trade.
Cheetos mac and cheese comes as PepsiCo (PEP) continues to study new consumer behaviors brought on by the COVID-19 pandemic. The pandemic has led to a great re-birth of legendary packaged goods that had started to fall out of favor due to health concerns.
According to CandyHunting, Walmart is now carrying the Cheetos Mac and Cheese and there are three flavors available: Bold & Cheesy, Flamin’ Hot, and Cheddar Jalapeño.
New Cheetos Mac 'N Cheese is out now at Walmart! There are three flavors: Bold & Cheesy, Flamin' Hot, and Cheddar Jalapeño. Huge thanks to @courtney86t for the tip on these! https://t.co/uVm4jK22Cd pic.twitter.com/7KPSgrvmGA
— Candy Hunting (@CandyHunting) August 4, 2020
The Internet seemed pretty hyped about Cheetos Mac ‘N Cheese but the verdict is still out on if it’s good or not.
This is either going to be very nasty or surprisingly good. No in between https://t.co/7ksWqenpja
— Content Creator (@TheBoulNate) August 4, 2020
OMG. August 4, 2020 – the day the world changes forever. https://t.co/vz4CqHJM3n
— Husker Mike (@GBRTalk) August 4, 2020