Latest news with #The Coca-Cola Company
The Independent
22-07-2025
- Business
- The Independent
Coca-Cola announces plans to launch cane sugar line in the fall after Trump promised it would return
The Coca-Cola Company announced that it will bring back a cane sugar version of its iconic drink less than a week after Donald Trump declared that 'it's just better.' Just days after the president teased its return, the Atlanta-based beverage goliath announced that it plans to use U.S.-grown cane sugar alongside high-fructose corn syrup in its sodas. Coca-Cola made clear that the drink, which it says will be launched in the U.S. in the fall, will be an addition to its range rather than a full replacement of ingredients. 'As part of its ongoing innovation agenda, this fall in the United States, the company plans to launch an offering made with U.S. cane sugar to expand its Trademark Coca‑Cola product range,' the company said in its second-quarter earnings report. 'This addition is designed to complement the company's strong core portfolio and offer more choices across occasions and preferences.' Trump announced last week that he spoke to Coca-Cola about using 'REAL' cane sugar, harking back to the 1980s before the company largely switched to using high-fructose corn syrup. The president said that company executives 'agreed to do so.' 'I'd like to thank all of those in authority at Coca-Cola,' he added. 'This will be a very good move by them — You'll see. It's just better!' While the soft drink giant didn't confirm the change at the time, the company said in a statement it appreciates Trump's 'enthusiasm for our iconic Coca‑Cola brand' and announced that more details on its product range would be 'shared soon.' The proposed push to bring back cane sugar seemed to align with Health and Human Services Secretary Robert F. Kennedy Jr.'s 'Make America Healthy Again' agenda, including a shift away from high-fructose corn syrup. There is currently no strong evidence that high-fructose corn syrup is more harmful than cane sugar. When consumed in excess, both can negatively impact health. While today Coca-Cola in the U.S. is typically made with high-fructose corn syrup, the soda company uses cane sugar in other countries, such as Mexico. People often praise Mexican Coke for its more natural, authentic taste compared to the modern U.S. version. But in a blind taste test conducted by culinary scientist and food writer J. Kenji López‑Alt for Serious Eats, the majority of participants preferred the corn syrup–sweetened Coke over the cane sugar variety. Mexican Coke is widely available in U.S. grocery stores – from Walmart to Target – and in areas with large Hispanic communities. There is currently no indication that Mexican-produced beverages will be pulled from U.S. shelves. After Trump's announcement last week, U.S. corn growers had warned that a full shift 'doesn't make sense' and would cost thousands of American food manufacturing jobs. However, placing the onus on using U.S.-grown cane sugar would likely boost demand for producers in states like Louisiana and Florida, where sugarcane is a key crop.
Yahoo
19-07-2025
- Business
- Yahoo
Piper Sandler Maintains Overweight on Coca-Cola (KO), Trims North America Growth Forecast
The Coca-Cola Company (NYSE:KO) ranks among the . Despite reducing some of its near-term North American growth projections, Piper Sandler maintained its Overweight rating on The Coca-Cola Company (NYSE:KO) on July 8 with a price target of $80. SGM / The company's forecast of Q2 2025 North American organic sales growth has been lowered from 6.0% to 2.5% to better reflect the 2.8% growth in US measured retail sales so far this quarter. Piper Sandler also reduced its forecast for organic sales growth in North America in Q3 2025 by about 3 percentage points. While favorable currency conditions add around $0.02 back to Piper Sandler's 2025 earnings per share forecast, these model adjustments lower it by about $0.02, maintaining the full-year global growth prediction slightly over the midpoint of Coca-Cola's guidance. The Coca-Cola Company (NYSE:KO) is a multinational beverage company that produces, develops, and sells a broad variety of nonalcoholic beverages. Coca-Cola's brands include Fanta, Fresca, Schweppes, Sprite, and others. While we acknowledge the potential of KO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
17-07-2025
- Business
- Yahoo
Coca-Cola to use cane sugar in Coke sold in US, Trump says
The Coca-Cola Company has agreed to use cane sugar in its namesake drinks in the US, according to US President Donald Trump. In a post on social media outlet Truth Social yesterday (16 July), Trump said: "I have been speaking to Coca-Cola about using REAL cane sugar in Coke in the United States, and they have agreed to do so." The company's classic Coca-Cola Original drink is made with high-fructose corn syrup in the US. The product is made with sugar in countries including the UK and Australia, while it contains cane sugar in Mexico. Trump added: "This will be a very good move by them. You'll see. It's just better!" A brief statement on the Coca-Cola website read: "We appreciate President Trump's enthusiasm for our iconic Coca-Cola brand. More details on new innovative offerings within our Coca-Cola product range will be shared soon.' There has been increasing scrutiny of the recipes of food and drinks sold in the US since President Trump took office earlier this year. US Secretary of Health and Human Services, Robert F. Kennedy Jr. has accused the country's food and beverage sector of 'poisoning' the American population. He has also taken aim at the use of high-fructose corn syrup, describing the ingredient as "just a formula for making you obese and diabetic". High-fructose corn syrup is a common ingredient in many soft drinks brands in the US, such as Mountain Dew and Dr Pepper. Trump's comments on Coca-Cola's alleged reformulation plans have not been so well received by those producing the corn syrup ingredient. John Bode, CEO and president of the Corn Refiners Association, said: "Replacing high fructose corn syrup with cane sugar doesn't make sense. "President Trump stands for American manufacturing jobs, American farmers, and reducing the trade deficit. "Replacing high fructose corn syrup with cane sugar would cost thousands of American food manufacturing jobs, depress farm income, and boost imports of foreign sugar, all with no nutritional benefit.' "Coca-Cola to use cane sugar in Coke sold in US, Trump says" was originally created and published by Just Drinks, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
