Welcome to our dedicated page for Coca Cola Co news (Ticker: KO), a resource for investors and traders seeking the latest updates and insights on Coca Cola Co stock.
The Coca-Cola Company (NYSE: KO) is a total beverage company in the soft drink manufacturing industry, with products sold in more than 200 countries and territories. This news page focuses on company announcements that explain how Coca-Cola manages its global brand portfolio, its leadership, and its relationships with bottling partners and major event organizers.
Investors and followers of KO stock can use this feed to review earnings-related updates, such as quarterly results and outlook commentary, which the company reports through press releases and accompanying Form 8-K filings. These disclosures often include information on net revenues, operating income, earnings per share, unit case volume and value share trends across regions and beverage categories.
News from The Coca-Cola Company also covers corporate actions and governance, including CEO succession plans, board appointments and changes in operational leadership. Recent examples include the election of Henrique Braun as future Chief Executive Officer and the election of Max Levchin to the board of directors. Organizational updates related to digital transformation, such as the creation of a Chief Digital Officer role, are another recurring theme.
Readers will also find coverage of strategic transactions and partnerships, including refranchising steps involving bottling operations and agreements to sell stakes in bottlers like Coca-Cola Beverages Africa. In addition, Coca-Cola issues news about global marketing and sponsorship activities, such as the FIFA World Cup Trophy Tour by Coca-Cola, which highlights the company’s role in major sporting events and associated sustainability initiatives. For an ongoing view of how The Coca-Cola Company communicates its strategy, performance and brand activities, this KO news page provides a centralized stream of official releases.
The Coca-Cola Company (NYSE: KO) has collaborated with Bill Nye to produce an engaging short film that clarifies the process of bottle-to-bottle recycling. The animation aims to inspire viewers to take action in addressing the global plastic waste crisis. Coca-Cola's World Without Waste initiative targets collecting and recycling a bottle for every one sold by 2030 and aims for 100% recyclable packaging by 2025. Currently, only 27% of plastic bottles are recycled in the U.S., a figure Coca-Cola seeks to improve through education and better recycling practices.
The Coca-Cola Company (NYSE: KO) will announce its first quarter 2022 financial results on April 25 before the NYSE opens. An investor conference call is scheduled for 8:30 a.m. ET to discuss these results. Investors can join the webcast at www.coca-colacompany.com/investors, where downloadable files and transcripts will be available within 24 hours post-call.
Coca-Cola continues to refresh the world with its extensive beverage portfolio sold in over 200 countries.
Oragin Foods Inc. has appointed Matthew Merson to its Advisory Board to enhance its Consumer Packaged Goods (CPG) division, including the plant-based dairy brand Future of Cheese. Merson, with over 30 years in the food and beverage sector, has previously led initiatives resulting in over $4 Billion in mergers and acquisitions. His experience is expected to support Oragin's expansion into the U.S. and international markets. The company is focusing on rapid growth in the CPG sector, particularly within plant-based dairy.
The Coca-Cola Company (NYSE: KO) has announced the suspension of its business operations in Russia due to ongoing geopolitical tensions affecting Ukraine. The decision reflects the company's stance in response to tragic circumstances faced by the Ukrainian people. Coca-Cola will continue to monitor the situation closely as events evolve. This development signals a significant strategic shift for the company, impacting its global operations and market presence.
The Coca-Cola Company (NYSE: KO) announced that Bobby Kotick will not seek reelection to its board of directors, having served for a decade. This decision allows him to concentrate fully on Activision Blizzard amid its merger preparations with Microsoft. CEO James Quincey expressed appreciation for Kotick's contributions while wishing him success in his future endeavors.
Coca-Cola has launched its global innovation platform, Coca-Cola Creations, featuring the first limited-edition product, Coca-Cola Starlight. This new product blends classic Coca-Cola taste with unique flavors reminiscent of space exploration. Available from Feb. 21 in North America, it aims to connect with younger audiences through exciting experiences and digital marketing campaigns, including a partnership with popstar Ava Max. The initiative reflects Coca-Cola's commitment to innovation and cultural engagement, paving the way for future limited-edition releases.
The Coca-Cola Company (NYSE:KO) has announced its 60th consecutive annual dividend increase, lifting the quarterly dividend from 42 cents to 44 cents per share, marking a 5% rise. This increase translates to an annual dividend of $1.76, up from $1.68 in 2021. Shareholders will receive the first quarter dividend on April 1, 2022. Additionally, Coca-Cola plans to resume share repurchases in 2022, estimating approximately $500 million in net repurchases, under current authorizations for about 160 million shares.
The Coca-Cola Company reported strong fourth quarter and full-year results for 2021, with net revenues increasing 10% for the quarter and 17% for the year, reaching $38.7 billion. Organic revenues rose 9% and 16%, respectively. However, operating income declined 28% in Q4 due to increased marketing investments. EPS grew 65% to $0.56 for Q4, while full-year EPS rose 26% to $2.25. The company invested $1.4 billion in capital expenditures and acquired BODYARMOR for $5.6 billion. Cash flow from operations reached $12.6 billion, up 28%.
Molson Coors Beverage Company (NYSE: TAP) has expanded its agreement with The Coca-Cola Company (NYSE: KO) to launch Simply Spiked Lemonade this summer, following the success of Topo Chico Hard Seltzer. The new product line will include a variety pack inspired by Simply's best-selling non-alcoholic flavors. As Simply is a $1 billion+ brand found in 50% of U.S. households, this collaboration aims to disrupt the full-flavor alcohol market. This initiative supports Molson Coors' strategy to enhance its premium portfolio.
The Coca-Cola Company (NYSE: KO) will release its fourth quarter and full year 2021 financial results on February 10 before the NYSE opens. An investor conference call will follow at 8:30 a.m. ET. Additionally, CEO James Quincey and CFO John Murphy are set to present at the Consumer Analyst Group of New York (CAGNY) Virtual Conference on February 22 at 1:50 p.m. ET. Investors can access a webcast of the call and presentations via the company’s investor relations website.
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