What’s going on here?

Coca-Cola said it depends on Chinese suppliers for sweeteners that are a key ingredient to the popular diet soda. The company also warned of possible supply chain issues in the long term, should the outbreak continue to grow.

What does that mean?

Coke says it is implementing procedures to procure the ingredient from other sources and does not foresee a short-term impact, but said it could experience “tighter supplies” in the long term.

Coke added it expects the COVID-19 outbreak to negatively impact first-quarter results, but did not expect, at this time, the coronavirus to change its full-year performance.

Content source: Morris. C (2020) Coronavirus is affecting everything, even Diet Coke. Fortune. Available from: https://fortune.com/2020/03/03/coronavirus-diet-coke/?utm_medium=social&utm_campaign=fortunemagazine&utm_source=facebook.com&xid=soc_socialflow_facebook_FORTUNE&fbclid=IwAR0Vm5gOiyRgDanIKInligwF9skZPQFAyLaHoQtzSQkIF26f7dEcZ2496K0 [Accessed 4 March, 2020]