Costco to Pack up the Coke Machine? (COST, KO)

Costco (COST) is all upset over pricing of Coca-Cola (KO) products and has put a stop restocking all Coke products.
"At this time, Coca-Cola has not provided Costco with competitive pricing so that we may pass along the value our members deserve." 
How about a Pepsi (PEP)?

Nov. 16 (Bloomberg) -- Costco Wholesale Corp., the largest U.S. warehouse club, stopped restocking some Coca-Cola Co. products in its stores after a dispute over pricing.

“At this time, Coca-Cola has not provided Costco with competitive pricing so that we may pass along the value our members deserve,” Costco said in a statement on its Web site.

Teri Finney, a company spokeswoman, declined to provide additional details. Scott Williamson, a spokesman for Coca- Cola, said it doesn’t comment on negotiations. Speaking for Coca-Cola Enterprises Inc., John Downs declined to comment. The company, Coca-Cola’s largest distributor, sells drinks to Costco with support from Coca-Cola.

All I wanted was a Pepsi!!!!

The brands subject to the dispute include Coke Classic, Cherry Coke, Black Cherry Vanilla Coke, Diet Coke, Coke Zero, Sprite and Squirt, Dasani Water and Vitamin Water along with several energy drinks.

Costco members pay an annual fee to shop for groceries as well as luxury items. The Issaquah, Washington-based company limits the mark-up on products it sells.

Costco rose 65 cents to $61.12 today in Nasdaq Stock Market trading. The shares have gained 16 percent this year. Coca-Cola increased 28 cents to $56.74 today in New York Stock Exchange composite trading. The shares have jumped 25 percent this year.

SOURCE: http://www.bloomberg.com/apps/news?pid=20601103&sid=ai1bI8T_KizU