And the costs are not high for the tea itself, which is my point. Its hard to say exactly which supplier, what component of flavoring, etc would be an issue for costs that caused an increase (or if they just wanted to use it as an excuse).
Point is, it doesnt matter why. There are lots of imports for various materials for functionally any company in the US.
I’d assume that after years and years of absorbing rising prices, they just are finally at a point where they have to to stay afloat. I’m sure just the aluminum tariffs are a huge reason.
I dont know about staying afloat, its just the one kind of can thats been under $1.
That said, yeah they definitely have less wiggle than they used to. It also goes to show how much they were making on that 99 cent can back in the 90s.
Could be just aluminum for the cans, doesnt have to be that they are importing anything just that suppliers are.
Guys…
The product is called Arizona Iced TEA. The main ingredient is… drumroll brewed tea.
How many tea-farms do you know of in the US? There are some small-scale ones, but only one large-scale one at 127 acres.
India has over 800 major estates and ~60,000 small tea gardens across the country
And the costs are not high for the tea itself, which is my point. Its hard to say exactly which supplier, what component of flavoring, etc would be an issue for costs that caused an increase (or if they just wanted to use it as an excuse).
Point is, it doesnt matter why. There are lots of imports for various materials for functionally any company in the US.
I’d assume that after years and years of absorbing rising prices, they just are finally at a point where they have to to stay afloat. I’m sure just the aluminum tariffs are a huge reason.
I dont know about staying afloat, its just the one kind of can thats been under $1.
That said, yeah they definitely have less wiggle than they used to. It also goes to show how much they were making on that 99 cent can back in the 90s.