February 11, 2026
(KO, PEP, KDP, MDLZ, HSY) SNAP Food Restriction Waivers: 2026 Implementation Timeline and States to Watch
Below, we outline how state-level SNAP food-restriction waivers—which are likely negative for KO, PEP, KDP, MDLX, HSY—are expanding and evolving, and we highlight three areas where investors should focus: The 13 states with approved SNAP…