Coca-Cola (NYSE: KO)

-"Prices of Coca-Cola Products Will Increase"

  Coca-Cola (NYSE: KO)"-Prices of Coca-Cola Products Will Increase" Coca-Cola (NYSE: KO) Company would cause the price of drinks to rise. Amid increasing cost pressures, the price of Coca-Cola products will rise. The company's CEO, James Quincey, told CNBC on Monday that a jump in day-to-day business costs for The Coca-Cola Company would cause the price of drinks to rise. "We aim to intelligently manage them by considering the way we use package sizes and really optimize price points for consumers," added Quincey. Most of the daily business costs have risen above pre-epidemic levels, and this could soon reduce Coca-Cola's margins. Cost pressures are mounting as the economy reopens. Moreover, the Federal Reserve and the federal government flooded the financial markets and the economy with trillions of dollars, causing commodity prices to rise. Far-reaching increases in costs can affect corporate margins. Therefore, Quincey and his team of corporate executives are planning to increase prices. Thanks to former President Trump's aluminum tariffs, the prices of the company's products have already increased.

Coca-Cola (NYSE: KO) Company would cause the price of drinks to rise.

Kimberly-Clark and J.M. It happened when Smucker increased the prices of his products to offset rising commodity costs. "We have seen some companies' margins shrinking, and their ability to restore them will depend greatly on whether they can raise prices," CMC Markets chief market analyst Michael Hewson told to S&P Global. Morgan Stanley's chief capital strategist wrote in a new warning Monday: "Increasing cost pressures / supply shortages, precise peak rate of change in economic data, earnings revisions, and demand suppressed by supply all contribute to the disruption of smaller capitalization." Jefferies' global chief capital strategist Sean Darby said in the first quarter some companies; He said he was dealing with the sharpest year-over-year increases in commodities, raw materials and gasoline prices affecting logistics. Even worse, consumers are already trying to cope with fast food inflation in supermarkets. Now, their favorite sugary drinks are about to rise in price. Coca-Cola (NYSE: KO) Company would cause the price of drinks to rise.  

Source: zerohedge.com

 

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