Costo (COST) Drops Coke (KO)
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Price: $939.45 -1.83%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
EPS Growth %: +11.8%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
EPS Growth %: +11.8%
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According to reports from the Associated Press, Costo (Nasdaq: COST) is no longer carrying Coca-Cola (NYSE: KO) due to a pricing dispute.
A Costco executive confirmed the move, according to the report. Coca-Cola Co. said it won't comment on ongoing negotiations but said Costco is an important customer that it is committed to working with "in a spirit of fairness."
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