Coca-Cola CEO, On The Impact To Consumption From Weight-Loss Drugs Says, "There Is Still A Lot Of Views Out There As To What Impact If Any It Will Have"; "It Is An Area That We Are Very Focused On"
Portfolio Pulse from Benzinga Newsdesk
Coca-Cola's CEO has commented on the potential impact of weight-loss drugs on the company's consumption rates, stating that the company is closely monitoring the situation. However, he also noted that there are varying opinions on what, if any, impact these drugs will have.
October 24, 2023 | 1:15 pm
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Coca-Cola is closely monitoring the potential impact of weight-loss drugs on its consumption rates. The CEO noted that opinions vary on the potential impact.
The CEO's comments indicate that Coca-Cola is aware of the potential impact of weight-loss drugs on its consumption rates, but it is still uncertain what the actual impact will be. This uncertainty could lead to volatility in the stock price.
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