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Here is the last video of the youtube channel Bloomberg Television. It's called Coca-Cola to Sell Cane Sugar Soda in US After Trump’s Urging and as you can imagine, it's already of great interest to Internet users. You can find it right here.
This video is currently making the buzz on the internet and may end up in the Youtube trends. It was published a few hours ago by the videographer of the Youtube channel Bloomberg Television who regularly publishes videos similar to the content we are talking about today.
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For your information, you can find below the description of the video Coca-Cola to Sell Cane Sugar Soda in US After Trump’s Urging published by the Youtube channel Bloomberg Television:
Coca-Cola Co. said it’s launching a new Coke product for American consumers made with US cane sugar this fall.
Tuesday’s announcement came less than a week after President Donald Trump said in a Truth Social post that the company agreed to use cane sugar in its US Coke beverages. On a call with analysts, Chief Executive Officer James Quincey thanked the president for his “enthusiasm for our Coca-Cola brand.”
The company also posted second-quarter sales growth and profit that beat Wall Street expectations as consumers continued to pay higher prices for the company’s soft drinks. It now expects full-year comparable earnings per share growth of about 3%, up from a range of 2% to 3%.
The shares slipped 1.2% at 10:34 a.m. in New York trading. The stock advanced 13% so far this year through Monday’s close, outpacing the S&P 500 Index.
For decades, Coca-Cola has used high fructose corn syrup, which is cheaper than cane sugar, to sweeten its signature product in the US. However, a pricier version of the soft drink, imported from Mexico, uses cane sugar and has gained a cult following. Bloomberg's Kenneth Shea reports.
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