News Formal

Coca-Cola CEO says McDonald's E. coli outbreak won't hurt beverage company's sales

  • 📰 CNBC
  • ⏱ Reading Time:
  • 43 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 56%
  • Publisher: 72%

Earnings News

Food And Drink,Lifestyle,Capital Link Global Fintech Leaders ETF

Coca-Cola CEO James Quincey said an E. coli outbreak linked to McDonald's isn't likely to hurt the beverage company's sales at this stage.

Coca-Cola CEO James Quincey said an E. coli outbreak linked to its biggest restaurant customer, McDonald's, isn't likely to hurt the beverage company's sales at this stage.

The burger will be temporarily unavailable in some McDonald's locations, and the company said it's also taken steps to remove onions that might also be contaminated.Coca-Cola President and CEO James Quincey attends a press conference with International Olympic Committee president and China Mengniu Dairy CEO and Executive Director, as part of the 134th Session of the International Olympic Committee at the SwissTech Convention Centre in Lausanne, on June 24, 2019.

"We're a big partner of McDonald's, they're a big partner of ours," Quincey said. "We'll be helping them in any way we can as they work through whatever's happening here."that it has linked an E. coli outbreak in 10 states to McDonald's Quarter Pounder burgers. The agency said 49 cases have been reported, with one fatality.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves premarket: Boeing, McDonald's, Enphase Energy, Coca-Cola and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »

Coca-Cola Spiced is getting canceled after 7 months on the marketCoca-Cola Co. is discontinuing its newest “permanent” flavor a little more than seven months after putting the product on the market. The beverage giant said Wednesday that Coca-Cola Spiced and Coca-Cola Spiced Zero Sugar will be phased out and replaced with a new flavor that will be introduced next year. Coca-Cola Spiced went on sale in the U.S.
Source: AP - 🏆 728. / 51 Read more »

Coca-Cola Spiced is getting canceled after 7 months on the marketCoca-Cola Co. is discontinuing its newest “permanent” flavor a little more than seven months after putting the product on the market.
Source: wjxt4 - 🏆 246. / 63 Read more »