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.
Trump tariffs force Coca-Cola to consider more PET packaging options
Coca-Cola may need to increase its use of polyethylene terephthalate (PET) packaging in the US due to the 25% tariff on foreign steel and aluminium introduced by the Trump administration. These tariffs are expected to drive up the cost of aluminium cans,
Coca-Cola says it will sell more soda in plastic bottles if aluminum tariffs take effect
Coca-Cola can also find domestic aluminum sources and increase the price for customers, CEO James Quincey said.
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 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 (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,
Coca-Cola may use more plastic bottles to offset Trump’s aluminum tariff, CEO says
Coca-Cola may use more plastic bottles in the future over cans in the wake of President Donald Trump’s announced 25% tariff on aluminum imports.
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 .
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.
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 ...
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Coca-Cola revenue, volume rise in fiscal year
In fiscal year 2025, Coca-Cola expects organic revenue growth of 5% to 6% while facing a currency headwind of 3% to 4%. “We continue to focus on driving balanced volume and price/mix and anticipate ...
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 ...
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‘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.
Coca-Cola posts surprise revenue jump on strong soda demand, higher prices
Cola posted a surprise rise in comparable revenue and topped estimates for fourth-quarter profit on Tuesday, driven by higher ...