Reported about 19 hours ago
Coca-Cola is considering a return to plastic bottles as a response to the rising aluminum costs stemming from President Trump's import tariffs. CEO James Quincey indicated that while the 25% increase in aluminum prices poses a challenge, it won't severely impact the company's bottom line. The shift back to plastic may affect Coca-Cola's ambitious recycling goals, although the company is making adjustments to keep consumer prices manageable. Additionally, Coca-Cola reported strong earnings driven by price hikes and a growing demand for healthier options.
Source: YAHOO