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Coca-Cola Company - KO STOCK NEWS

Welcome to our dedicated page for Coca-Cola Company news (Ticker: KO), a resource for investors and traders seeking the latest updates and insights on Coca-Cola Company stock.

The Coca-Cola Company (NYSE: KO) is a global leader in the beverage industry, founded in 1886 and headquartered in Atlanta, Georgia. Known worldwide for its flagship product, Coca-Cola, the company also offers an extensive portfolio of over 200 brands. These include carbonated soft drinks, water, sports and energy drinks, juice, and coffee. Iconic brands under its belt include Sprite, Fanta, Powerade, Dasani, and Minute Maid.

Operations and Reach: Coca-Cola operates in more than 200 countries, selling its products through a comprehensive network of bottlers and distributors. The company generates around two-thirds of its total revenue from overseas markets, particularly in emerging economies across Latin America and the Asia-Pacific region.

Recent Achievements and Campaigns:

  • Sprite's “Obey Your Thirst” Campaign: Sprite has revived its iconic 'Obey Your Thirst' campaign, featuring star athletes like Anthony Edwards and Sha'Carri Richardson to engage a new generation of consumers. The campaign includes limited-edition packaging, digital experiences, and sports partnerships.
  • Fanta’s “Wanta Fanta” Campaign: Fanta has reintroduced its popular 'Wanta Fanta' platform, aiming to connect with younger audiences through nostalgic tunes and a mix of engaging digital content. This includes participation from TikTok creators and out-of-home creative marketing.

Corporate Responsibility: Coca-Cola is committed to making a positive impact on communities and the environment. The company focuses on water replenishment, packaging recycling, sustainable sourcing, and reducing carbon emissions. Together with its bottling partners, Coca-Cola employs over 700,000 people globally, contributing significantly to local economies.

To stay updated on The Coca-Cola Company's latest news and developments, visit www.coca-colacompany.com.

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The Coca-Cola Company has appointed WPP as its Global Marketing Network Partner to advance a consumer-centric marketing model aimed at driving long-term growth across its brands in over 200 countries. The new integrated agency model, designed by CMO Manolo Arroyo, emphasizes a seamless connection between creative ideas and consumer experiences, supported by data insights. Key elements of this model include the Global Marketing Network Partner, Complementary Media Partner Dentsu, a Strategic Roster of approved agencies, and a unified data platform, all set to enhance marketing effectiveness and efficiency.

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The Coca-Cola Company has acquired BODYARMOR for $5.6 billion, taking full ownership after initially holding a 15% stake since 2018. BODYARMOR, a rapidly growing sports drink brand, is anticipated to enhance Coca-Cola's beverage portfolio significantly.

The brand generated over $1.4 billion in retail sales, growing around 50% annually. BODYARMOR will operate as a distinct entity within Coca-Cola's North American unit, with its leadership team continuing to steer its strategic direction.

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The Coca-Cola Company reported robust third-quarter results for 2021, with net revenues rising 16% to $10.0 billion and organic revenues growing 14%. Global unit case volume increased by 6%, and operating income surged 26%. The operating margin reached 28.9%, up from 26.6% in the previous year. Earnings per share rose 41% to $0.57, while comparable EPS grew 18% to $0.65. The company's cash flow from operations stood at $9.2 billion year-to-date, reflecting strong business performance. Coca-Cola also emphasized its commitment to sustainability and innovation in its product offerings.

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The Coca-Cola Company (NYSE: KO) has declared a dividend of 42 cents per common share, payable on December 15, 2021, to shareholders of record as of December 1, 2021. This announcement underscores the company's commitment to returning value to its investors.

Coca-Cola operates in over 200 countries, offering a broad range of beverages including major brands like Coca-Cola, Sprite, and Fanta, while focusing on innovation and sustainability.

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Molson Coors Beverage Company announced the launch of the Topo Chico Margarita Hard Seltzer Variety Pack, set to debut in 2022. This follows the brand's successful first year, which led to its expansion across all 50 states starting January 2022. The new pack includes tropical flavors such as Signature Margarita, Tropical Pineapple, Strawberry Hibiscus, and Prickly Pear, each 100 calories with 4.5% ABV. The introduction aims to attract new drinkers and enhance the hard seltzer category, building on the brand's previous four-flavor offering.

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The Coca-Cola Company (NYSE: KO) will release its third quarter 2021 financial results on October 27 before the market opens. An investor conference call is scheduled for 8:30 a.m. ET to discuss the results. Investors can join the call via webcast at www.coca-colacompany.com/investors. Earnings call audio and a transcript will be available within 24 hours post-call. Coca-Cola operates in over 200 countries, offering a diverse range of beverage brands.

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Coca-Cola has launched its first new global platform since 2016, named Real Magic, alongside a fresh campaign titled One Coke Away From Each Other. The platform aims to unite and uplift individuals by celebrating humanity's 'real magic.' Coca-Cola's Chief Marketing Officer, Manolo Arroyo, emphasized the brand’s identity through its new 'Hug' logo, designed to enhance marketing communications. The campaign blends real and virtual experiences, featuring notable gamers and incorporating interactive elements. Activities will commence on Oct. 11, with various prizes available for participants.

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Coca-Cola has partnered with Lime to promote recycling through the launch of Sip Sized™ bottles made from 100% recycled plastic. Customers who purchase these bottles can pledge to recycle them and receive free rides on Lime’s electric bikes and scooters. The initiative supports Coca-Cola's goal of reducing new plastic usage by over 20% in North America compared to 2018 and aims to lower greenhouse gas emissions by an estimated 10,000 metric tons annually, equivalent to taking 2,120 cars off the road for a year.

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The Coca-Cola Company (NYSE: KO) announced the retirement of director Herbert A. Allen, effective August 18. Allen served for 39 years, making him the longest-serving current board member. His tenure began in 1982, and he provided valuable guidance through various leadership changes, including with recent CEO James Quincey. Coca-Cola now has 11 directors following his retirement.

Allen expressed gratitude for his experiences and the connections made during his time on the board.

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FAQ

What is the current stock price of Coca-Cola Company (KO)?

The current stock price of Coca-Cola Company (KO) is $63.76 as of November 21, 2024.

What is the market cap of Coca-Cola Company (KO)?

The market cap of Coca-Cola Company (KO) is approximately 271.3B.

What products does The Coca-Cola Company offer?

The Coca-Cola Company offers a wide range of beverages including carbonated soft drinks, water, sports and energy drinks, juice, and coffee. Some key brands are Coca-Cola, Sprite, Fanta, Powerade, Dasani, and Minute Maid.

In how many countries does Coca-Cola operate?

Coca-Cola operates in more than 200 countries and regions worldwide.

What is the focus of Coca-Cola's recent Sprite campaign?

The recent Sprite campaign, 'Obey Your Thirst,' focuses on authenticity and self-expression, featuring athletes like Anthony Edwards and Sha'Carri Richardson. It includes limited-time packaging, digital experiences, and sports partnerships.

How does Coca-Cola contribute to environmental sustainability?

Coca-Cola focuses on water replenishment, packaging recycling, sustainable sourcing, and reducing carbon emissions across its value chain.

What is the significance of the 'Wanta Fanta' campaign?

The 'Wanta Fanta' campaign aims to connect with younger audiences through nostalgic tunes and digital content, promoting a balance between everyday needs and personal wants.

How does Coca-Cola generate its revenue?

Coca-Cola generates around two-thirds of its revenue overseas, with a substantial portion coming from emerging markets in Latin America and the Asia-Pacific region.

How many people does Coca-Cola employ globally?

Together with its bottling partners, Coca-Cola employs over 700,000 people worldwide.

Where can I find more information about Coca-Cola's latest news and updates?

For the latest news and updates on Coca-Cola, visit their official website at www.coca-colacompany.com.

What are Coca-Cola's key beverage categories?

Coca-Cola’s key beverage categories include sparkling soft drinks, water, sports and energy drinks, juice, and coffee.

What partnerships is Coca-Cola involved in?

Coca-Cola partners with various bottlers and distributors to sell its products. Recent campaigns have also included partnerships with sports teams and digital influencers.

Coca-Cola Company

NYSE:KO

KO Rankings

KO Stock Data

271.35B
3.88B
9.95%
64.77%
0.72%
Beverages - Non-Alcoholic
Beverages
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United States of America
ATLANTA