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's Board of Directors approved the 62nd consecutive annual dividend increase, raising the quarterly dividend by 5.4% to 48.5 cents per share. The annual dividend is now $1.94 per share, up from $1.84 in 2023. Shareowners will receive the first quarter dividend on April 1.
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The Coca-Cola Company reported a 7% growth in net revenues for the quarter and a 6% growth for the full year. Operating income increased by 10% for the quarter and 4% for the full year. EPS grew by 13% for the full year. Cash flow from operations was $11.6 billion for the year, up 5%. The company provides a positive 2024 financial outlook.
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The Coca-Cola Company (KO) is set to release its fourth-quarter and full-year 2023 financial results on Feb. 13, followed by an investor conference call to discuss the results. Additionally, Chairman and CEO James Quincey and President and CFO John Murphy will present at the Consumer Analyst Group of New York (CAGNY) Conference on Feb. 20. Investors can join webcasts for both events on the company's website.
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Hillenbrand, Inc. (NYSE: HI) partners with The Coca-Cola Company (NYSE: KO) and Net Impact to host the Circular Plastics Case Competition, encouraging innovative solutions to increase the supply of post-consumer recycled material, with a focus on rPET. The competition drew over 150 participants from 13 countries, with finalists presenting at NPE2024, the largest plastics tradeshow in the Americas. Winners will be awarded $10,000 for first place, $2,500 for second place, and $1,000 for third place.
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Winnie Harlow, a leading advocate for representation and beauty standards, has collaborated with Coca-Cola to share her AI-generated holiday cards, reflecting her unique perspective on the festive season. The cards highlight kindness, empowerment, and individuality, paying tribute to Winnie's experiences in Jamaica, Canada, and her younger self. The innovative project aims to invite people worldwide to create and share their own unique take on the holidays.
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The Coca-Cola Company (KO) has elected Manuel “Manolo” Arroyo as an executive vice president, effective Jan. 1, 2024, with no changes to his role as global chief marketing officer since January 2020. Arroyo is responsible for global category teams, Integrated Marketing Experience, marketing operations, and capabilities. The board has also revised titles for other officers with no changes in job duties, to be reflected on the company’s website in January.
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5th Annual Sports Power Brunch: Celebrating the Most Powerful Women in Sports™ announced Coca-Cola® Zero Sugar as the Presenting Sponsor for the event taking place on February 7, 2024. Major sponsors include Porsche, DraftKings Inc. (Nasdaq: DKNG), Prime Video, Las Vegas Raiders, National Football League, and ESPN Films.
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The Coca-Cola Company: Executives to Speak at Investor Events in November and December
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The Coca-Cola Company (KO) responds to a supplemental opinion issued by the U.S. Tax Court in disagreement with the IRS. The company plans to pursue an appeal to vigorously defend its position, asserting that it is unconstitutional to face retroactive tax liability based on a different calculation methodology used by the IRS. The recent decision is not expected to change the company's tax reserve calculation or potential liability.
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The Coca-Cola Company reported solid third quarter results with net revenues growing 8% and organic revenues growing 11%. Operating income grew 6%, and EPS grew 9% to $0.71. The company gained value share in the nonalcoholic ready-to-drink beverages market. Cash flow from operations increased to $8.9 billion year-to-date. The company continues to pursue its World Without Waste packaging goals and is evaluating its balance sheet to support growth.
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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 $63.92 as of November 22, 2024.
What is the market cap of Coca-Cola Company (KO)?
The market cap of Coca-Cola Company (KO) is approximately 275.5B.
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
275.48B
3.88B
9.95%
64.77%
0.72%
Beverages - Non-Alcoholic
Beverages
United States of America
ATLANTA