Coca-Cola earnings beat estimates as strong demand in Europe helps offset weakness elsewhere
www.cnbc.com
Shares of Coke have risen 13% this year, bringing its market value up to more than $300 billion.
  • altphoto@lemmy.todayEnglish
    4·
    5 hours ago

    I’m glad I can choose to drink that. Other places like Mexico city where potable water is fully contaminated don’t have that choice. Its usually Coca cola and other industrial beverage manufacturers the ones polluting the water or helping to reduce access to it…for obvious reasons$$$$.

  • KumaSudosa@feddit.dkEnglish
    9·
    7 hours ago

    I suppose it may be time to expand the 30% tariff retaliation to anything owned by US companies.

  • jjjalljs@ttrpg.networkEnglish
    81·
    8 hours ago

    I think I wrote this recently elsewhere, but I just never drink nor desire soda. It just doesn’t even occur to me as a thing to want. When I was a kid, we mostly drank water. It’s kind of alienating to realize how many other people are seemingly fundamentally different on such a basic part of life like “drinking”

  • Baŝto@discuss.tchncs.deEnglish
    3·
    8 hours ago

    That’s one of the companies who adapt their products to regional markets and produce locally.

    The other thing is they’ve always had cooperations with fast food chains, restaurants etc, which pushes their products when it’s the only cola you can get.

  • GreatAlbatross@feddit.ukEnglish
    4·
    10 hours ago

    Unfortunately, they’re the only commonly-available cola with just sugar (rather than artificial sweeteners).
    I’ve done a two-pronged approach, of finding alternatives (Karma and Mate are nice), and getting ready to start making my own with a carbonate.
    But commonly, you’ll need to buy an entire 24 pack to even approach the pricing of Coca.

    What I have found is making carbonated squash often hits the spot nicely.

  • Optional@lemmy.worldEnglish
    41·
    9 hours ago

    They call it “advertising” because “propaganda” had unsavory associations. Coca-cola is a master of prop- er, Advertising.

  • 0x0@lemmy.zipEnglish
    341·
    16 hours ago

    I do better by avoiding sodas altogether… it’s sugar in a bottle, no thanks.

    • slaneesh_is_right@lemmy.orgEnglish
      21·
      10 hours ago

      My sister doesn’t give her kids cola because of the sugar. It just has slightly more than bought orange juice and aplle juice and all that shit.

        • pika@feddit.nlEnglish
          8·
          9 hours ago

          That’s still a bunch of sugar with no fiber from the actual fruit to offset it.

          • vin@lemmynsfw.comEnglish
            21·
            7 hours ago

            That’s a different matter altogether. Just saying coke doesn’t have “slightly” more but a lot more sugar

  • Obi@sopuli.xyzEnglish
    633·
    19 hours ago

    I also think most people have no idea how much shit is owned by coke, so maybe they’re leaving coke on the shelves but buying some other brands owned by them instead? Also yeah Europeans sure love their coke zero and it’s gonna be tough getting everyone to stop, there’s probably correlation between liking coke and not giving a shit about politics.

    • njm1314@lemmy.worldEnglish
      47·
      18 hours ago

      When these companies reach certain sizes they’re almost boycott proof. Simply insane how large they’re allowed to become.

      • Taalnazi@lemmy.worldEnglish
        202·
        17 hours ago

        Coca Cola is owned by The Coca Cola Company, whose owner (or well, group with largest share) is Berkshire Hathaway Inc., owned by Warren Buffett (with his successor being Greg Abel). Ajit Jainil is a vice chairman, whose cousin was a co-CEO of the Deutsche Bank.

        Coca Cola also sponsored Trump.

        Duracell is one of the biggest part of Berkshire, but there’s way more. Some holdings and subsidiaries have sub-holdings and subsidiaries!

        It also has insurance companies which invest in policy premiums in some companies, up to many billions. Visa, Mastercard, Kraft Heinz, T-mobile, Mitsubishi, to name a few.

        Companies are evil. Every single one that’s big is one too many.

        We should develop an app, downloadable from multiple app stores, to automatically scan a product and see if it’s ultimately owned by a billionnaire and where some companies don’t have workplace democracy. And the app should offer alternatives, from which you can order. Can someone on Lemmy here do it?

        • 0x0@lemmy.zipEnglish
          82·
          16 hours ago

          scan a product and see if it’s ultimately owned by a billionnaire

          Unless you’re in a thrift store or flea market, the answer is yes.

          • Taalnazi@lemmy.worldEnglish
            61·
            14 hours ago

            I dunno, I feel like it is possible for a company to be worker-owned with workplace democracy, where the highest-earning worker earns only one and a half times as much as the lowest earning, instead of hundreds of times more.

            And even then, I think wages shouldn’t be a thing at all - but instead that economies should be need-focused, rather than profit-focused.

            It would be great if for example woodcutters delivered wood directly to farmers, farmers food directly to woodcutters, and truck drivers received goods directly from both, and so on.

            No wages, just cooperation without monetisation.

            • 0x0@lemmy.zipEnglish
              2·
              14 hours ago

              Works at the small scale, but as you grow, so does human greed.

          • Taalnazi@lemmy.worldEnglish
            3·
            16 hours ago

            Oh hey, thanks! That’s actually pretty useful. Saved.

            It’s exactly what I’m looking for, design-wise. If the app also had a customisation option for billionnaire companies without workplace democracy and the like…

            There’s also BuyFromEU, BuyEuropean AI (that one is closest to what I meant) and Boycat, now that I looked further.

            • Cordyceps_cereal@lemmynsfw.comEnglish
              5·
              16 hours ago

              Yeah it’s really great. The creator, Ahmed Bashbash made it completely free and any donations he gives directly to Palestinian organisations to support those in need. He’s also open to people volunteering to help with researching for bad brands etc. (I’ve no connection to him I just love the app and really hate genocide)

        • Droechai@piefed.blahaj.zoneEnglish
          3·
          16 hours ago

          Would love a personalized warning list, to add companies (and automatically any owners/siblings) that flags products as I scan them.

    • PostaL@lemmy.worldEnglish
      1·
      14 hours ago

      I am one of those who still gets cola zero :(

      At this point I think it’s an addiction, I didn’t find something else from the EU to match it and was not successful thus far to quit it entirely.

      But I’m still trying…

  • TankovayaDiviziya@lemmy.worldEnglish
    171·
    15 hours ago

    Unfortunately, my local and popular soft drink company had been bought by Coca Cola years ago. They made the drink taste bad now, which is literal enshitiffication. Not much for any remaining local alternatives to buy.

    • crumbguzzler5000@feddit.orgEnglish
      4·
      15 hours ago

      Having this issue also, how not buy soft drink stands which are either owned by coca cola or PepsiCo is not as simple as it sounds

      • ayyy@sh.itjust.worksEnglish
        4·
        8 hours ago

        And if you’re making your own, don’t get a SodaStream because the factories are in occupied/stolen land in Palestine. DrinkMate is a better machine anyways.