Edward Jones & Co. analyst Jack Russo agrees, telling Bloomberg’s Duane D. Stanford: “People in
these countries are going to be aware of these health issues so Coke wants to be prepared. The regulators and governments are going to get more involved with this entire issue.”
Coca-Cola
says about a third it sales in North America are from low- and zero-calorie drinks, including Diet Coke and Coke Zero, but that such drinks aren’t as widely distributed in other parts of the
world, Mike Esterl and Paul Ziobro report in the Wall Street Journal. “In Latin
America, for instance, such drinks only make up 18% of company volumes,” they write.
“The key here is to ensure that in every market where we operate to have no- or low-calorie
beverages of our main brands available,” Kent said during the conference call. “We do not have that consistently across the world today.”
Coca-Cola “has often said in
the U.S. that it does not buy advertising directly targeting” kids, under 12, as Tiffany Hsu writes in the Los Angeles Times, “but now appears
to have expanded the policy globally. Commercials on television, radio, print, the Internet and mobile phones are all affected.”
Tam Fry, a spokesman for the U.K.’s National Obesity Forum “welcomed Coca-Cola's plans, particularly on calorie labeling,” writes The Guardian’s David Batty. “It's Coke becoming more and more
responsible because consumers are becoming more and more vociferous about health concerns,” says Fry.
But the Center for Science in the Public Interest, which has been a a nettle in the
side of many a Coke CEO, predictably “ wasn't impressed” by Kent’s pronouncements yesterday, writes MSNMoney’s Jonathan Berr.
“Coca-Cola's campaign is a campaign to sell
more Coca-Cola, and not a campaign to combat obesity," CSPI spokesman Jeff Cronin tells Berr in an email. "Coke's main problem is that its core product causes obesity, diabetes, heart disease, tooth
decay, gout, and other health problems. Those problems can't be advertised away.”
I don’t know. They may be a bit hefty, but who ever heard of a polar bear with gout? And those
dang critters are so convivial and low key, who could ever claim that Coke doesn’t tell it exactly like it is?