Coca-Cola earnings pop but CEO James Quincey says Trump’s new aluminum tariffs could spark plastic surge in 2025
James Quincey told investors that Coca-Cola could pivot to more plastic packaging if aluminum prices surge due to Trump's 25% import tax on steel and aluminum.
Coca-Cola may use more plastic bottles to offset Trump’s aluminum tariff
Coca-Cola CEO James Quincey suggested using more PET plastic bottles if needed to offset President Donald Trump’s 25 percent tariffs of U.S. aluminum imports.
Coca-Cola May Have to Use More Plastic Because of Tariffs, CEO Says
The drinks company imports aluminum for its cans from Canada, which is likely to be hardest hit by a 25% tariff on aluminum.
Coca-Cola may shift toward more plastic bottles under Trump aluminum tariffs: CEO
President Donald Trump could soon have a harder time finding cans of Diet Coke due to the tariffs on aluminum imports, as the soda giant imports its cans from Canada.
Coca-Cola could use more plastic bottles in response to Trump tariffs
Speaking to Wall Street analysts Tuesday, Coca-Cola CEO James Quincey said the beverage company might adjust its packaging mix in response to rising costs. In particular, this could mean deemphasizing aluminum cans and using more plastic.
Coca-Cola says it may use more plastic bottles if Trump tariffs on aluminum take effect
President Trump's tariffs on aluminum could make Coca-Cola more expensive. Coca-Cola CEO James Quincey said the company imports aluminum for its cans from Canada, and is looking for ways to mitigate any price increases that new tariffs could bring. Mr. Trump on Monday announced a 25% tariff on steel and aluminum .
Coca-Cola, Breweries and Automakers Prepare for Trump’s Tariffs
Leaders of soda makers, local breweries and major automakers across the U.S. are scrambling to prepare for the impacts of incoming tariffs on steel and aluminum imports that are essential to their production. Announced by the Trump administration earlier this week, the 25 percent tariffs are expected to take effect on March 12.
Coca-Cola (NYSE:KO) Plans Pivot to Plastic Against Aluminum Tariffs
The growing concern about tariffs is catching the attention of a lot of companies. And beverage giant Coca-Cola (KO) is one of them,
Aggregate consumer demand is still robust, says Coca-Cola CEO James Quincey
James Quincey, Coca-Cola CEO, joins 'Money Movers' to discuss the company's earnings beat, U.S. growth and the state of the consumer.
Got Coke? Struggling Cola king bets milk business will ‘rain money’
Cola's office in Chicago's trendy West Loop, the soda giant's iconic logo is noticeably absent. In its place is a giant ...
Coca-Cola reverses sales volume slide, sending revenue up 6% in the 4th quarter
Coca-Cola said Feb. 11 that it's confident it can mitigate the Trump administration's tariffs on aluminum by shifting its ...
Coca-Cola 'Won Overall Share' From Pepsi: Analyst Says 'Never Seen Fundamentals This Good,' Amid Strong 2025 Outlook
Coca-Cola's Q4 exceeded expectations amid strong "fundamentals" despite currency headwinds and a market share grab from its ...
Coca-Cola's demand recovery, higher prices drive surprise revenue jump
Coca-Cola beat Wall Street estimates for fourth-quarter profit and revenue on Tuesday, helped by resilient demand for its ...
Marketing Week1d
‘We are not backing off’: Coca-Cola doubles down on commitment to invest in marketing
The Coca-Cola Company will pursue expanded profit margins by reaping the rewards of its marketing transformation programme, not cutting budgets, its CEO says.