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 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.
Bain & Company has formed a global services alliance with OpenAI, making Coca-Cola the first client to engage in this collaboration. The partnership aims to leverage OpenAI's advanced AI technologies to enhance Bain's strategic and digital delivery capabilities. Bain has integrated OpenAI tools into its operations, demonstrating improved efficiency for its team. Specific initiatives include developing next-gen contact centers, personalized marketing strategies, and enhanced productivity tools for financial advisors. Coca-Cola's ambitious plans to adopt these technologies signify a transformative step in leveraging AI for business improvements.
Costa Coffee has appointed Philippe Schaillee as CEO, effective April 10, 2023. Schaillee previously served as executive vice president at Groupe SEB, overseeing Products and Innovation since April 2021. His career includes notable roles at Sara Lee Group and Jacob Douwe Egberts (JDE) Group. He succeeds Jill McDonald and will report to Evguenia Stoichkova, president of Global Ventures for The Coca-Cola Company (KO). Schaillee expressed enthusiasm about joining Costa, noting its rich heritage. The company, founded in 1971, boasts over 2,800 coffee shops in the UK and over 1,100 globally.
The Coca-Cola Company (KO) announced that Amity Millhiser has been nominated for election to its Board of Directors at the Annual Meeting in April. If elected, she will join effective July 1, following her retirement from PwC on June 30. Coca-Cola also declared a 4.6% increase in its quarterly dividend, raising it from 44 cents to 46 cents per share, which will be payable on April 3 to shareholders of record as of March 17. This marks the company's 61st consecutive annual dividend increase, with a total payout of $7.6 billion in dividends to shareholders in 2022 and $76.8 billion since 2010.
The Coca-Cola Company reported fourth-quarter results showing net revenues of $10.1 billion, a 7% increase, while full-year revenues grew 11% to $43.0 billion. Organic revenues rose by 15% in Q4 and 16% for the year. Operating income increased 24% for the quarter but just 6% for the full year. EPS declined by 16% to $0.47 for the quarter but grew 7% on a comparable basis for the year. Cash flow from operations fell 13% to $11.0 billion. Despite a 1% decline in unit case volume for Q4, the company gained market share in nonalcoholic beverages, notably in developing markets.
The Coca-Cola Company (NYSE: KO) will announce its fourth quarter and full-year 2022 financial results on February 14, 2023, before NYSE trading starts. Following this, an investor conference call is scheduled for 8:30 AM ET. Additionally, Chairman and CEO James Quincey and CFO John Murphy will present at the Consumer Analyst Group of New York (CAGNY) Conference on February 21, 2023, at 10 AM ET in Boca Raton, Florida. Webcasts for both events will be available on their investor relations website.
The Coca-Cola Company (NYSE: KO) has launched 'Recycled Records,' a unique campaign featuring an EP created by music legends Mark Ronson and Madlib, using sounds from the recycling process. The initiative celebrates Sprite, Fresca, and Seagram’s transition from green to clear plastic bottles. Consumers can engage with the campaign via an interactive beat machine and a short film narrated by MC Lyte. The move aims to promote sustainability and increase the availability of high-quality recycled plastic, aligning with Coca-Cola's 'World Without Waste' goals.
The Coca-Cola Company (NYSE: KO) announces the appointment of Henrique Braun as President of International Development, effective January 1, 2023. Braun, a 26-year veteran of the company, currently leads the Latin America operating unit and will now oversee six additional units across various global regions. This strategic move aims to enhance business operations and globalization efforts. James Quincey, CEO, highlighted Braun's leadership and success in digitization and consumer-centric initiatives as key factors for this promotion.
The Help Kick Hunger Challenge, initiated by Boys & Girls Clubs of America, partners with The Coca-Cola Company (KO) and various soccer leagues to combat youth food insecurity. Running until December 31, Coca-Cola will match donations up to $50,000 to support meal provision for underprivileged youth. With 1 in 6 children facing food insecurity in the U.S., this initiative aims to raise awareness and funds through engaging soccer players and fans to contribute and share their involvement on social media.
The Coca-Cola Company (NYSE: KO) announced that Chairman and CEO James Quincey will present at the Redburn CEO Conference on Nov. 30 at 11 a.m. ET. Investors can join a webcast of the event via the company's investor relations website. A file and transcript will be available after the event within 24 hours. The Coca-Cola Company is a global beverage leader, offering a wide range of products, including sparkling drinks, hydration options, and plant-based beverages, with a commitment to sustainability and community impact.
Brag House announces an exciting esports initiative in Southern California, featuring an in-person FIFA 23 exhibition tournament on
FAQ
What is the current stock price of Coca Cola Co (KO)?
What is the market cap of Coca Cola Co (KO)?
What products does The Coca-Cola Company offer?
In how many countries does Coca-Cola operate?
What is the focus of Coca-Cola's recent Sprite campaign?
How does Coca-Cola contribute to environmental sustainability?
What is the significance of the 'Wanta Fanta' campaign?
How does Coca-Cola generate its revenue?
How many people does Coca-Cola employ globally?
Where can I find more information about Coca-Cola's latest news and updates?
What are Coca-Cola's key beverage categories?
What partnerships is Coca-Cola involved in?
