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Squawk Pod

Squawk Pod Reports from Davos: Coca-Cola CEO James Quincey 01/23/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4494 Ratings

🗓️ 23 January 2025

⏱️ 15 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

The Jack Daniels and Coke has worked really well.

0:06.7

Some of the other stuff we've done hasn't worked so well.

0:09.2

Bottoms up.

0:10.2

It's Coca-Cola CEO James Quincy at the World Economic Forum in Davos, Switzerland.

0:16.9

It's really in that innovation stage, and we're not expecting everything to work. He's talking all things coke, the evolution of alcohol mixers, the iconic dyed coke,

0:26.9

and, naturally, sizing.

0:29.2

I think Shreveit applies, you know, as a term, when you only sell one pack.

0:32.9

But that's not how we do business. The regular can, for example, of a Coke has not changed

0:37.3

from decades. The regular can, for example, of a Coke has not changed from decades.

0:39.0

The economic picture for consumer packaged goods, both stateside and abroad.

0:45.3

China in 2024 through the third quarter, it's just okay.

0:48.3

Clearly there's some economic adjustments happening.

0:51.3

And how a brand like Coca-Cola builds loyalty in markets everywhere.

0:56.4

If we've done our job properly, they see it as a global band, but also intensely local,

1:00.9

because it's local jobs. They see the salesperson and the manufacturing side and the distribution

1:05.2

truck. I'm CNBC producer Cameron Costa. Squawk Pod reports from Davos, Coca-Cola CEO James Quincy, begins right now.

1:15.6

Another day, another huge interview from the World Economic Forum in Davos.

1:28.4

Leaders like J.P. Morgan CEO, Jamie Diamond, Ukrainian president, Vladimir Zelensky.

1:34.3

Olympian, Lindsay Vaughn, Microsoft CEO, Satya Nadella, and many, many more have convened in the Swiss Alps.

1:41.9

You can hear many of the big thinking conversations happening

1:45.1

in Davos right on your Squawk Pod podcast feed.

1:52.8

Wherever in the world, these leaders are, a big topic is China. More specifically, China's

...

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