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Showing posts with the label There Could Be a Possible Coca-Cola Shortage

There Could Be a Possible Coca-Cola Shortage, CEO Reveals

If you've shopped for groceries this week, you might agree that the only thing there hasn't been a shortage of lately is shortages themselves. For anyone trying to stay ahead of the game by stocking up on healthy products like pumpkin and cooking oil , industry insiders just revealed that there may also be a potential shortage of not-so-healthy picks, like soda . On a quarterly call to report out sales this week, Coca-Cola 's chief executive officer predicted the possibility of a Coke shortage, while also hinting at "missed opportunities" and "stalling consumer sentiment" related to Coke products. RELATED:  This Is the Best Supermarket in America, New Survey Says On Wednesday morning, Coca-Cola chairman and CEO James Quincey, along with chief financial officer John Murphy, shared a quarterly revenue update with investors and representatives present from major international banks. According to a transcript via Seeking Alpha , Quincey said that ove