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.
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
The Coca-Cola Company reported strong Q3 2022 results with net revenues increasing 10% to $11.1 billion and organic revenues growing 16%. Operating income rose 7%, while EPS grew 14% to $0.65. Despite these gains, the comparable operating margin decreased to 29.5% from 30% the prior year due to higher operating costs and marketing investments. Unit case volume grew 4%, driven by away-from-home channel strength. However, cash flow from operations declined by $1.2 billion year-to-date. The company remains focused on expanding its brand portfolio and addressing evolving consumer preferences.
The Coca-Cola Company (NYSE: KO) announced the election of three new corporate officers and declared a quarterly dividend of 44 cents per common share, payable on December 15, 2022, to shareholders on record as of December 1, 2022.
The new officers include Felix Poh (VP of Strategy and Corporate Development), Neeraj Tolmare (Global CIO), and Mark Westfall (Chief Services Officer), effective immediately. Their leadership is expected to enhance strategic capabilities and digital innovation within the company.
Brag House has announced a FIFA 23 tournament in partnership with Coca-Cola and McDonald’s for 16 Southern California schools. The competition starts on October 18, 2022, with finals taking place on November 5 at LA Live in Downtown Los Angeles. Over 60 students will compete, aiming for cash prizes of
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