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Coca-Cola CEO James Quincey was asked today on CNBC about a Wall Street analyst suggestion that the beverage-maker should get into beer or other alcohol categories. His reply:

Philosophically, I never say never about many things.... But there's so many more things we can do which are so close to what we already have strength and capability in, it doesn't make sense to do that next.

Coca-Cola CEO on getting into booze: "Never say never"

But it's not on the near-term list of priorities.

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<p>Coca-Cola CEO James Quincey was asked today <a class="gtmContentClick" data-vars-link-text="on CNBC" data-vars-click-url="https://www.cnbc.com/video/2017/11/16/coca-cola-ceo-broadening-into-new-categories-drives-growth.html" data-vars-content-id="dd2b5ac8-3f8a-4e9d-a99b-9bc3a1308082" data-vars-headline="Coca-Cola CEO on getting into booze: &quot;Never say never&quot;" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.cnbc.com/video/2017/11/16/coca-cola-ceo-broadening-into-new-categories-drives-growth.html" target="_blank">on CNBC</a> about a Wall Street analyst suggestion that the beverage-maker should get into beer or other alcohol categories. His reply:</p><blockquote>Philosophically, I never say never about many things.... But there&#x27;s so many more things we can do which are so close to what we already have strength and capability in, it doesn&#x27;t make sense to do that next.</blockquote><span data-ad-status="NO_AD_LENGTH" data-ad-type="midStoryAd"></span>

After a record economic expansion, the coronavirus pandemic sent the U.S. economy into a recession as unemployment soared to staggering heights. The country now faces urgent questions about how much stimulus is needed for reeling consumers and businesses, and what a recovery might look like.

Coca-Cola CEO on getting into booze: "Never say never"

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