Is Arizona Iced tea worth 99 cents?

Although inflation remains near its highest point in over 40 years, one grocery-store staple has maintained its 99-cent price tag: AriZona Iced Tea. For 30 years, the tall 23-ounce cans, known for their eye-catching cherry blossom design, have sold in grocery stores and gas stations all over the U.S. for typically no more than 99 cents.

Does Arizona Iced Tea have a price change?

Earlier this year, a social media firestorm ensued after an image circulating showing a can of Arizona Iced Tea with a $1.29 label. The company quickly clarified that the photo “goes viral a lot” and did not indicate a price change. Arizona Iced Tea has maintained a 99-cent price point for decades. Instagram / drinkarizona

Does Arizona have a fixed price?

AriZona has been committed to 99 cents since 1996, when it started printing the price directly on cans to stop retailers from raising prices on their own. But it’s tough to run a profitable business with a fixed price.