Reported about 6 hours ago
Coca-Cola's CFO, John Murphy, stated that the 25% tariff on aluminum imports will not lead to immediate price increases for canned soda, as aluminum costs are only a small part of their overall expenses. The company plans to adapt to market conditions and innovate product offerings while anticipating revenue growth of 5% to 6% in 2025. Murphy highlighted that the effects of tariffs are just one of many variables, and Coca-Cola aims to navigate the challenges ahead.
Source: YAHOO