Coca-Cola CEO James Quincey said Wednesday, that he expects the popular beverage to see sporadic shortages on grocery shelves through 2022.
Just like other food and beverage companies, the soft drink giant is dealing with issues with supply chain and higher commodity costs, leading to shortages.
Quincey added that while shortages may persist through next year, the situation will improve,.. and shortages will significantly decrease over time.
He also cited some of the issues the company is facing,.. including labor shortages,.. a spike in gas prices in Europe, as well as a fire at a plastic plant in Brazil.
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