The Latest Breaking News from Don Vultaggio

‘99¢ Still Matters’: AriZona’s Billionaire Founder Is Still Committing to $0.99 a Can Despite Absorbing Over $40 Million to Keep the Can Affordable

AriZona founder Don Vultaggio is holding the line on prices.

Barchart · Aug 27

Trump Tariffs Gone Too Far? 99 Cent AriZona Iced Tea May Raise Prices

When it comes to food items that have been resistant to raising prices in the face of inflation, it's been the Costco $1.50 hot dog combo and the 99-cent AriZona Iced Tea.

Benzinga · Aug 14, 2025

Iconic 99¢ Arizona Iced Tea May Be Forced to Raise Prices for the First Time in 30 Years — Here's Why

AriZona Iced Tea's iconic 99¢ Big Can may face its first price rise in 30 years as US aluminium tariffs double — founder Don Vultaggio vows to hold the line, but warns change may be inevitable.

International Business Times UK · Aug 14, 2025

Arizona Iced Tea founder explains why it still costs less than $1 a can, in a move straight out of Costco's playbook

CEO Vultaggio said the company will keep the price stable for the “foreseeable future.”

Fortune · Jun 27, 2024

'It's My Little Way To Give Back': CEO Explains Why Arizona Iced Tea Stayed 99 Cents For 32 Years

Arizona Iced Tea stays true to its 99-cent price and big cans by producing faster, shipping better, shipping closer, and using thinner cans.

International Business Times UK · Jun 27, 2024

The price of AriZona tea hasn't budged for 30 years

The main force holding AriZona inflation at bay is the sheer stubbornness of its billionaire owner, Don Vultaggio.

Axios · Apr 14, 2022

As inflation soars, how is AriZona iced tea still 99 cents?

Gas is nearly six bucks a gallon. Groceries are 8% higher than last year. Dollar stores: now dollar-and-a-quarter stores.

Los Angeles Times · Apr 12, 2022