NYSE:KOBeverage
Coca-Cola Cuts Frozen Minute Maid To Refine Juice Portfolio And Growth Narrative
Coca-Cola is discontinuing its Minute Maid frozen juice concentrates in the U.S. and Canada.
The company is shifting focus toward fresh juice offerings, citing changing consumer preferences.
The change affects a long running grocery staple and reflects how Coca-Cola is managing its wider beverage mix.
Coca-Cola (NYSE:KO) is making this product shift while its shares trade at $77.35. The stock has logged returns of 5.9% over the past week and 13.9% over the past month, with a 26.2% return...