Quincey did not reveal which Coke products would have higher price tags. The company last announced a price increase in 2018, citing the impact of aluminum tariffs under President Donald Trump's administration.
. Coke's earnings and revenue topped Wall Street estimates, and the company said demand in March reached pre-pandemic levels. However, executives emphasized that the company is seeing an uneven global recovery.
More like to offset higher executive costs
Gimme a break. Commodity prices are up from historic lows. They didn't lower prices when commodities were in the toilet!
Rather, declining sales.
Fine, who cares. I’m still boycotting .
CocaCola can shove their anti racist propaganda up their ass!!!
Thank you for helping us by raising Coca-Cola prices! Signed, Diet Pepsi Drinker
Cool maybe people will drink more water now!!
There’s no inflation though.
He is raising prices to off set the revenue loss due to his political meddling. Now he is going to lose more revenue due to higher prices!!!!! Let's put him out of a job his salary will go along way to give back to the workers in the factories, truck drivers, etc.
Good! One less reason to consume garbage.
It won’t save me any money. Who would drink that poison. Just coke’s history should turn enough people off that it should be out of business. The should be taxed to help the incredible number of people that have diabetes.
And Democrats say increased costs don’t trickle down to consumers. Lol. Increased production costs, Increased energy costs (under a Biden), increased distribution costs, likely increased corporate taxes (Biden plan), decreasing demand = increase prices.
He makes over 18 million a year so he can fuck off
Great stock to hold!
I don't care. I drink water.
Will. It be drinking your product since you are a leftist and promote racism!
No inflation here. Move along. QE forever.
What about water prices ?
I will continue to boycott Coke! Protesting against the Georgia voting law IS NONE OF YOUR BUSINESS! STAY THE HELL OUT OF POLITICS!
I don’t care, I drink Pepsi 😜
Worst plastic polluters BoycottCocaColaCo
All about that diversity
We all need to drink water for a while... if corporate greed can’t be modulated to this new reality.. so good old fashion boycotts are in order
I’m too white to buy that shit anyway
Do I still have to be less white or...?
Another good reason (if we needed one) to avoid CocaCola products!
BenEsmael1
Raising prices to cover increased costs is what every business does...so?
Commodity cost or the 45% tax increase Biden is rolling out? 😂
Inflation is real and it is coming.... Example: medical residents get payed 60k at 80 hours a week of work in California about the same salary as those in Delaware at their new 15/hr. Aka inflation where only minimum wage is catching up.
amlivemon Good. Hopefully fewer people will buy that shitty product then and do something for their health.
I've been drinking less of that WOKE drink.
Horseshit...TAX CUTS BIG BOY.
amlivemon Inflation doesn't exist guys. Nothing to see here.
So the $5 fill-ups are now what? $7?
What they're really saying is we will raise prices to offset our losses due to the future increase in Corp taxes. Just stop buying their products, and you'll see prices drop quickly. It's that simple. Decrease demand and there will be plenty of cheap supply. No need to protest.
Since when do they schedule press conference to let the public know they are raising their prices This is a cry for help.
Hopefully people will stop drinking that crap.
Drink water
If you think the inflation we are starting to see is transitory you are kidding yourself. There are serious problems in our supply chain right now across the board, and can only lead to more inflation. Prices on all products are about to soar.
Doesn’t matter, I’m done with CocaCola products anyway. I have a list of the products they own and my dollars won’t be spent on them. Get woke and political and there are consequences
And higher Taxes. Thanks JoeBlow
I’m on strike against Coke anyway.....?they need to mind their own business
America need to stop drinking that garbage
At least obesity will go down if nobody buys it
No inflation...move along....
Another transitory story
And they say Inflation isn’t a issue...🤔 One of many corporations that will raise consumer prices.... Inflation = interest rate increase = pain for housing & Stock markets. It will make 2008 look like a bump in the road..
And to teach white people how to be less white?
he supported insurrection ! take your product and shove it.
Time to sell
you better NOT do so.
Stop drinking it
No need to raise the price. Many Coke drinkers have left the brand. There will be plenty of supply available
So executive compensation won’t go up then since these “commodity costs” are starting to cause them financial hardship?
AktienTrader1 Sugar is still cheap.
This is racist, how are the black people going to afford coke now?
so H2O and sugar is getting xpensive?
No to coca cola
redbull