Hispanic shoppers are spending less on groceries, pressuring companies

Hispanic shoppers are spending less on groceries, pressuring companies

Miami, Hialeah Gardens, Florida, Walmart Supercenter, checkout line cashier, customers paying. Jeff Greenberg | Universal Images Group | Getty Images Hispanic consumers are cutting back their grocery spending on everything from beer to cooking spray, executives said during recent earnings calls. Coca-Cola, Constellation Brands and Colgate-Palmolive are among the companies that have reported a slowdown…

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Coca-Cola (KO) Q1 2025 earnings

Coca-Cola (KO) Q1 2025 earnings

Coca-Cola cans are pictured in a supermarket in Bayonne, New Jersey, on April 8, 2025.  Charly Triballeau | Afp | Getty Images Coca-Cola beat Wall Street’s quarterly earnings and revenue estimates Tuesday and largely reaffirmed its full-year outlook, as it said it expects the effects of global trade conflicts to be “manageable.” For 2025, Coke…

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Coca-Cola (KO) Q4 2024 earnings

Coca-Cola (KO) Q4 2024 earnings

James Quincey, CEO of Coca-Cola, speaking on CNBC’s “Squawk Box” outside of the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025. Gerry Miller | CNBC Coca-Cola on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by a global rise in demand for its drinks. Shares of the company rose 2%…

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