Coca-Cola earnings beat estimates as strong demand in Europe helps offset weakness elsewhere. Europeans need to do better
https://www.cnbc.com/2025/07/22/coca-cola-ko-q2-2025-earnings.htmlOpen linkView original on lemmy.ca440
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https://www.cnbc.com/2025/07/22/coca-cola-ko-q2-2025-earnings.htmlOpen linkView original on lemmy.ca
I also think most people have no idea how much shit is owned by coke, so maybe they're leaving coke on the shelves but buying some other brands owned by them instead? Also yeah Europeans sure love their coke zero and it's gonna be tough getting everyone to stop, there's probably correlation between liking coke and not giving a shit about politics.
When these companies reach certain sizes they're almost boycott proof. Simply insane how large they're allowed to become.
Coca Cola is owned by The Coca Cola Company, whose owner (or well, group with largest share) is Berkshire Hathaway Inc., owned by Warren Buffett (with his successor being Greg Abel). Ajit Jainil is a vice chairman, whose cousin was a co-CEO of the Deutsche Bank.
Coca Cola also sponsored Trump.
Duracell is one of the biggest part of Berkshire, but there's way more. Some holdings and subsidiaries have sub-holdings and subsidiaries!
It also has insurance companies which invest in policy premiums in some companies, up to many billions. Visa, Mastercard, Kraft Heinz, T-mobile, Mitsubishi, to name a few.
Companies are evil. Every single one that's big is one too many.
We should develop an app, downloadable from multiple app stores, to automatically scan a product and see if it's ultimately owned by a billionnaire and where some companies don't have workplace democracy. And the app should offer alternatives, from which you can order. Can someone on Lemmy here do it?
Unless you're in a thrift store or flea market, the answer is yes.
I dunno, I feel like it is possible for a company to be worker-owned with workplace democracy, where the highest-earning worker earns only one and a half times as much as the lowest earning, instead of hundreds of times more.
And even then, I think wages shouldn't be a thing at all - but instead that economies should be need-focused, rather than profit-focused.
It would be great if for example woodcutters delivered wood directly to farmers, farmers food directly to woodcutters, and truck drivers received goods directly from both, and so on.
No wages, just cooperation without monetisation.
Works at the small scale, but as you grow, so does human greed.
https://many.bio/nothanksboycott not exactly what you're talking about but still worthwhile
Oh hey, thanks! That's actually pretty useful. Saved.
It's exactly what I'm looking for, design-wise. If the app also had a customisation option for billionnaire companies without workplace democracy and the like...
There's also BuyFromEU, BuyEuropean AI (that one is closest to what I meant) and Boycat, now that I looked further.
Yeah it's really great. The creator, Ahmed Bashbash made it completely free and any donations he gives directly to Palestinian organisations to support those in need. He's also open to people volunteering to help with researching for bad brands etc. (I've no connection to him I just love the app and really hate genocide)
Would love a personalized warning list, to add companies (and automatically any owners/siblings) that flags products as I scan them.
Isnt Warren Buffet the most positive example of a billionaire by a margin?
Afaik hes donating his entire wealth to charity once he ceases and already flipped his home town Omaha into a liveable paradise comparibly to northern european city life standards.
Like the highest donating philanthropist there is
maybe Im missing alot here, please add your context
I am one of those who still gets cola zero :(
At this point I think it's an addiction, I didn't find something else from the EU to match it and was not successful thus far to quit it entirely.
But I'm still trying...
I do better by avoiding sodas altogether... it's sugar in a bottle, no thanks.
My sister doesn't give her kids cola because of the sugar. It just has slightly more than bought orange juice and aplle juice and all that shit.
You get juices with no added sugar nowadays
That's still a bunch of sugar with no fiber from the actual fruit to offset it.
That's a different matter altogether. Just saying coke doesn't have "slightly" more but a lot more sugar
It’s hard to know what’s actually owned by Coca-Cola.
Not too hard
There’s a lot more because Coca Cola owns brands that only operate within a single national market.
Is there an app for that?
A RECOMMENDATION: TURN UPSIDE DOWN IF IT'S A BAD PRODUCT.
Regional
No Thanks (Apple store) - Android store for Palestine stuff. Collects no data at all. This is the app I would first recommend. Scan product, see result.
Buy Beaver - Canadian-focused initiative. Lets you pick countries to support. Collects mail address and device ID, but nothing more.
Detrumpez Vous - focused on finding whether a product is American or not.
Supranational (European)
Buy From EU - find European alternatives. Not necessarily scanning, but useful. Collects mail/sms, but that's it.
Buy European AI - lets you take a picture of the product, find European alternatives & that of allies. Anonymously collects rough location & photo (the latter makes sense though).
General
There's Boycat, also as app, which is user-friendly, but their privacy policy states your data may be stored outside of your legal jurisdiction.
Depends where you are from, but the App Store and buy Canadian turned up this. There were several of them
https://apps.apple.com/ca/app/maple-scan-buy-canadian/id6741467577
Coke probably is. Not sure what else
I mostly drink some local store branded Cola that's made by company from my country. It's cheap as fuck and actually tastes better than any big brand cola.
Yep that's what I do here
https://www.aldi.com.au/product/regal-soft-drink-co-cola-soft-drink-12x375ml-000000000000524952 https://www.aldi.com.au/product/regal-soft-drink-co-no-sugar-cola-soft-drink-12x375ml-000000000000524970
Aldi here in Benelux has the "River" brand. That is what we buy.
Agrum soda is big here (grapefruit flavor).
They have very good tasting zero sugar drinks:
Then they have sugar versions of
Quite the range, massively cheaper per liter than name brands, and small cans except for the ice tea to help not drink too much.
Not sure if it's the same, Hofer (Aldi?) has "River Cola" in my country. It's not terrible, but it has a mildly watery taste which is not my favorite when I need a strong sugary fix hehe. The one from local store chain, they really nailed the taste. It's not zero variant, but they use some sweeteners and regular sugar and they got the balance just right. And it's like 1/4th of the Coca Cola price or something. I haven't got one from Lidl recently enough to remember how it tastes and same goes for one from Italian Eurospin.
I've stopped buying Coca-Cola and Pepsi. Plenty of locals make similar products.
Neither of those companies left Russian market even though they seemed to promise to do that. That should've been enough reason to avoid them.
Also, if it's a cold beverage with coffeine you want, making your own cold brew tea is trivial: just put some tea into a container and put it in the fridge for 12-24 hours. Then remove the tea leaves and consume within 3 days. Bagged tea doesn't taste as good but is obviously easier to filter out.
Agree. It is not that difficult to make correct moves. Coop Trading cola (Made by Olvi in Finland) and Nocco from Sweden are the ones my boys have to be satisfied with (previously Coca-Cola and Monster)
Hmm I gotta try Coop cola, the orange is good. A lot of the cheap brand colas are just awful IMO
Most any cold, nonalcoholic drink at a restaurant is going to be owned by Coca-Cola or Pepsi. Even the iced tea. Coke and Pepsi have started disguising their soda fountains with “bespoke” brands that use real sugar. For example, Stubborn Soda is owned by Pepsi. Coke recently bought Topo Chico. Pepsi owns “Bubly” and bought out Soda Stream. Chances are you are drinking a Coke or Pepsi product without realizing it.
Snapple group in the US owns Keurig and Dr Pepper, so I guess you could drink that or 7-up if you wanted to avoid Coke or Pepsi.
Yeah, that's why I suggested making it yourself instead. Besides, those shop iced teas almost always have a shitload of sugar.
Unfortunately, my local and popular soft drink company had been bought by Coca Cola years ago. They made the drink taste bad now, which is literal enshitiffication. Not much for any remaining local alternatives to buy.
Having this issue also, how not buy soft drink stands which are either owned by coca cola or PepsiCo is not as simple as it sounds
And if you’re making your own, don’t get a SodaStream because the factories are in occupied/stolen land in Palestine. DrinkMate is a better machine anyways.
This could be largely because Pepsi has been expanding in the Russia and many are boycotting it for that. So, if the combined market share of those has risen, then we are not doing so badly :)
But isn't Pepsi only going there since coke never left and faced no consequences
Coca-Cola suspended it's business in Russia in 2022. Pepsi never left Russia.
After Jimmycakes' comment I checked leaverussia.kse.org for Coca-cola and Pepsi as "barcodes", and it turns out that Coca-Cola still produces beverages with some local brand names that probably don't get recognized as inostranets by Russians.
And Pepsi has been expanding to fill the gap left by Coca-Cola company.
Make Tap Water Great Again
I wonder why fizzy sugary drink is now a necessity to drink.
I don’t see the same conversation around chocolate milk or pineapple juice.
People in the comments need to take a step back.
I don't drink cola outside of parties where I drink it with (cheap) whisky (I wouldn't ruin good whisky with cola), which I admit is still very bad for health, but at least not frequent
The only other time I'm glad to have some cola is when I have "stomache troubles" 🚽
The default drink used to be fizzy fermented grain or fruit.
It's honestly not anything new to not be drinking water just the people doing it are less drunk now.
I suppose it may be time to expand the 30% tariff retaliation to anything owned by US companies.
Do better Europeans. Coke snitched on their own workers to ICE.
As European, I don't really that much care about ICE. But I do care about doing business with a certain non-ambiguously fascist eastern neighbor.
Typical european not caring about suffering of people elsewhere since your fortunes come from people suffering elsewhere 🥱
My husband I stopped buying Coca-Cola. We now buy Vikos Cola, which is a local brand in Epirus, Greece.
The saddest thing for me is that it is 90% impossible to drink gin-tonic without paying to Coca-Cola in Poland. For other 10%, the price of tonic is almost same as the price for gin :/
Haven't had a coca cola in about 10 years. I'm doing my part!
Coke free for a couple years. I'm doing my part
I think I wrote this recently elsewhere, but I just never drink nor desire soda. It just doesn't even occur to me as a thing to want. When I was a kid, we mostly drank water. It's kind of alienating to realize how many other people are seemingly fundamentally different on such a basic part of life like "drinking"
Same, my family weren't soda drinkers.
Huge international company: invents extremely addictive and delicious drink, pours billions into advertising campaigns and lobbies for decades.
The public: gets addicted as they literally grew up on it
The media: YoU nEeD tO dO bEtTeR!
Maybe the government can stop guzzling corporate assholes and start passing laws against advertising and lobbying for things that are massively detrimental to the public?
Like, I'm all for sugary drinks existing, but they should be banned from being pushed into our thoughts and definitely shouldn't be endorsed by any public institution.
I've only bought Breizh Cola for years, and will continue to shame my friends who still buy "Nazi Cola"
I'm glad I can choose to drink that. Other places like Mexico city where potable water is fully contaminated don't have that choice. Its usually Coca cola and other industrial beverage manufacturers the ones polluting the water or helping to reduce access to it...for obvious reasons$$$$.
For my Romanian and surrounding siblings who are also struggling with their Coke addiction, Auchan holds Adria Cola in large plastic bottles, and I found it to be similar enough in terms of content of uppers, and different enough to be an interesting change. Made by European Drinks, may even be found in smaller local shops (it's pretty common in Transylvania, at least).
My local (and large) supermarket in the UK only stocks Coke, not even an own-brand cola. My local corner shop only stocks Coke. We live in the sticks and there isn't a lot of choice.
Are deliveries possible at all?
Without paying excessive costs for a couple of bottles of the stuff I only drink with Bacardi now and then, only if one orders an entire shop, which seems a tad excessive!
Unfortunately, they're the only commonly-available cola with just sugar (rather than artificial sweeteners).
I've done a two-pronged approach, of finding alternatives (Karma and Mate are nice), and getting ready to start making my own with a carbonate.
But commonly, you'll need to buy an entire 24 pack to even approach the pricing of Coca.
What I have found is making carbonated squash often hits the spot nicely.
Do you bake and blend the squash? With or without oil?
Possibly a language thing: I mean this stuff.
This makes so much more sense than gourd soda.
If you are in Croatia try Cockta, it's local and it's not bad.
That’s one of the companies who adapt their products to regional markets and produce locally.
The other thing is they’ve always had cooperations with fast food chains, restaurants etc, which pushes their products when it’s the only cola you can get.
I bet Norway consumes half of European demand in Coce Zero
Ah, yeah, i had a very bad stomach flu last year.
They call it "advertising" because "propaganda" had unsavory associations. Coca-cola is a master of prop- er, Advertising.
@Sunshine Lemmy... I first thought it was a reddit post but it is not! A fedi reddit alternative? Yes please!
https://join-lemmy.org/
That's the only way they can get their corn syrup, as Europeans have better standards. Trump is about to fuck that up for them. /s
There isnt corn syrup in ours, seems Zero is the popular one anyway
I wish there was an alternative available in the UK that doesn't contain artificial sweeteners, but there isn't. Coke is the only commonly available carbonated soft drink that doesn't also contain sweeteners. I hate the taste of artificial sweeteners, and they're carcinogen. I know sugary drinks aren't good for you anyway, but I will avoid sweeteners at least.
Glad I am not the only crazy one who hates the taste of those chemicals. I remember how horrible it was when Ribena started using them. I also recommend Rocks.
RIP Ribena RIP Irn Bru RIP Rio
Some of my old faves 😢
Sorry mate, I'm a total coke addict
You can blame me. Sprite Zero is about the only sugar free drink that doesn't taste like shit, and everything else took the sugar out and so Coke is the only one left for when I want a sugar hit. Yeah, it fucks your teeth up and makes you fat. My body my choice.
Honestly struggling to find decent alternatives in the UK that don't fall into the artisanal pricing category. Go past a quid a can and I might as well drink cider instead.
Cider is pretty good.