Coca-Cola CEO reassures investors that McDonald's E. coli outbreak won't impact sales

From CNBC: 2024-10-23 14:11:58

Coca-Cola CEO James Quincey reassures investors that the E. coli outbreak linked to McDonald’s Quarter Pounder burgers will not significantly impact the beverage company’s sales. The CDC has reported 49 cases in 10 states, one fatal. McDonald’s has removed Quarter Pounders in some states and stopped distributing slivered onions. Both companies continue their decades-long partnership. McDonald’s is facing scrutiny from investigators narrowing down potential causes for the outbreak. The incident comes at a challenging time for the fast-food industry due to declining consumer spending. Despite this, Coca Cola’s Q3 earnings beat expectations.



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