Arizona Iced Tea's 99-Cent Price Endures Despite Inflation
Founder Don Vultaggio commits to keeping the iconic price stable, citing efficiency and consumer loyalty.
- Arizona Iced Tea has maintained its 99-cent price for over 30 years despite rising production costs.
- Founder Don Vultaggio attributes the stability to efficient production, debt-free operations, and thinner cans.
- Vultaggio sees the stable price as a way to support consumers facing financial challenges.
- The company has made strategic adjustments, such as reducing can size, to avoid price hikes.
- Future price increases are not ruled out but are unlikely in the near term.