Profits Fall for Coca-Cola so Coke is raising its prices after Labor day.

[Ichingcarpenter]

ATLANTA --
Drinkers of Coca-Cola can expect to pay more starting this fall after the company's biggest bottler said Thursday that it would raise prices.

The issues at the bottler also hurt Coca-Cola Co.'s bottom line, since it owns about 35 percent of that business. The world's biggest beverage company said its profit fell 23 percent in the second quarter as it took a charge because of the bottler's woes.

Coca-Cola Enterprises, which has about 80 percent of the U.S. market for Coke, said it would raise prices after Labor Day because of higher commodity costs and declining U.S. soda sales. Bottlers set prices for retailers like grocery stores.

At Coca-Cola Co., the results were again led by the international operations.

The company is facing declining soda sales in the U.S., and managed to keep U.S. sales volume steady in the second quarter thanks to a boost from Glaceau's Vitaminwater, which it bought for $4.1 billion last June. International sales rose 5 percent even as they were hurt by natural disasters in Asia and labor strikes in Europe.

http://www.miamiherald.com/business/AP/story/607733.html


Don't forget Coke is being boycotted by many around the world because
of their anti labor stances and water hoarding. I don't drink the crap but
sometimes use it to clean rust off of metal objects.


The Case against Coke ..... The nation

http://www.thenation.com/doc/20060501/blanding


Murder of Labor activists a Coke Plant in Columbia
The Guardian.
http://www.guardian.co.uk/media/2003/jul/24/marketingandpr.colombia

[liberal N proud]

1. I have to put gas in my car and have to heat my home

BUT I DON'T HAVE TO DRINK SODA!

Sounds like a good time to cut back.

[tridim]

2. Replacing HFCS with cane sugar would boost sales

But they'll never do that.

I quit all soft drinks a few years ago and my gut loves me for it.

[Hydra]

3. I don't drink soda unless I'm at a resturant

So they can continue to have my non-support and non-sympathy.

[kestrel91316]

4. Coke and its ilk are not compatible with the long-term survival of our civilization.

There. I said it. And I MEAN it.

[no_hypocrisy]

5. Screw'em. I make my own soda on occasion.

[Swamp Rat]

6. Brawndo has what labor activists crave

[Ichingcarpenter]

8. Wow, Drink Brawndo man it is Awesome Man

"Its like having sex with a tractor trailer truck in a parking lot."

Its what's real dudes crave.

[stillcool]

7. And coca-cola doesn't just make coke...

http://www.thecoca-colacompany.com/presscenter/newproducts.html
Does that really work? Getting rid of rust on metal?

[hendo]

9. Yeah, it sure does

We did it in a high school science class just to test the common rumor about coke doing that.

[hendo]

10. I am a long time coke drinker

but I can no longer support them if they do this.

i love how when sales decline they raise prices. All that will do is make sales decline even more.

[Lex]

11. raising its prices? now I'll buy it even less . . .

nt

[OPERATIONMINDCRIME]

12. Ehhhhhh, Shit Happens. Sometimes Prices Need To Be Raised. And For My Coke? I Don't Mind Payin

more at all!