Coca-Cola CEO says McDonald's E. coli outbreak won't hurt beverage company's sales [MSNBC.com]
CHINA MENGNIU DARY UN/ADR (CIADY)
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Source: MSNBC.com
In this articleCoca-Cola President and CEO James Quincey attends a press conference with International Olympic Committee (IOC) president and China Mengniu Dairy CEO and Executive Director, as part of the 134th Session of the International Olympic Committee (IOC) at the SwissTech Convention Centre in Lausanne, on June 24, 2019.Fabrice Coffrini | AFP | Getty ImagesMcDonald's"When one looks at what's in the media so far, in terms of the states that have been affected, I would say at this stage it's not going to be a large, significant impact to the business," Quincey said on Coke's third-quarter earnings call on Wednesday.McDonald's is Coke's largest restaurant customer, and the two companies' symbiotic relationship has existed for nearly seven decades. Most recently, CNBC reported that Cokecontributed marketing funds"We're a big partner of McDonald's, they're a big partner of ours," Quincey said. "We'll be helping them in any way we can as they work through whatever's happening here."On
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