Coca-Cola Archives - Vista Partners LLCVista Partners LLC

Croatian Authorities Confirm Safety Of Coca Cola Drinks After Health Incidents – $KO $DIA $SPY $LTRN

As per reports, Croatia's state inspection office announced that an analysis of Coca-Cola Company (KO) soft drinks consumed by individuals who later reported health problems confirmed their safety. Recently, Croatian authorities had temporarily banned the sale of certain Coca Cola-branded beverages ...

Nov 15, 2023 View Article

Coca-Cola & Pernod Ricard To Introduce Pre-Mixed Absolut & Sprite In Cans

As per reports, Coca-Cola Company (KO) and Pernod Ricard have come together to create a pre-mixed version of Absolut Vodka and lemonade, which will be available in a can. This collaboration will allow fans of this cocktail to enjoy it conveniently. The Absolut & Sprite canned cocktail is set to ...

Oct 18, 2023 View Article

Coca-Cola Europacific Partners Expands Reach With Philippines Acquisition – $KO $DIA $SPY $LTRN

As per reports, Coca-Cola Company (KO) Europacific Partners (CCEP) announced its intention to acquire Coca-Cola Beverages Philippines jointly with Aboitiz Equity Ventures (AEV) for $1.8 billion. This strategic move aims to position CCEP as the world's leading Coca-Cola bottler in terms of both reven...

Sep 15, 2023 View Article

Jack Daniel’s & Coca-Cola Cocktail Going Global As Pre-mixed Option In 2023 – $KO $DIA $SPY $INVO

As per reports, the iconic Jack Daniel's & Coca-Cola Company (KO) cocktail will be introduced in the United States as a pre-mixed, ready-to-drink (RTD) option for the first time. This beverage is inspired by a popular bar-call cocktail and contains Jack Daniel's Tennessee Whiskey and...

Apr 04, 2023 View Article

Coca-Cola To Release Q1 2023 Financial Results & Host Investor Call in April – $KO $DIA $SPY $INVO

Reportedly, The Coca-Cola Company (KO) to release its first quarter 2023 financial results April 24 before the New York Stock Exchange opens. The release will be followed by an investor conference call at 8:30 a.m. ET to discuss the results. The company invites investors to join a webcast at www.co...

Mar 30, 2023 View Article

Coca-Cola Nominates Amity Millhiser To The Board & Declares – Raises Dividend! – $KO $DIA $INVO

As per reports, the Board of Directors of the Coca-Cola Company (KO) announced that business leader Amity Millhiser has been nominated for election to the board at the company’s Annual Meeting of Shareholders in April. If elected by shareowners, Amity Millhiser will begin her service as a Coca-Col...

Feb 21, 2023 View Article

Coca-Cola Forecasts Strong Profits On Consistent Demand – $KO $DIA $PEP $ATOS

As per reports, Coca-Cola Company (KO), Q4 earnings exceed estimates as demand for its sodas remains strong amid price hikes to beat higher costs. The company witnessed an increase in operating margin for the first time in three quarters, posting operating margins of 20.5% in the December quarter co...

Feb 22, 2023 View Article

Coca-Cola To Webcast Q4 Earnings On Feb 14 – $KO $DIA $INVO

Reportedly, the Coca-Cola Company (KO) will release the Q4 and full-year 2022 financial results on Feb. 14 before the New York Stock Exchange opens, followed by an investor conference call at 8:30 a.m. ET to discuss the results. The webcast can be reached at www.cocacolacompany.com/investors. Dow...

Jan 24, 2023 View Article

Bottler Coca-Cola HBC Remains Confident On 2022 Profit Outlook – $KO $DIA $INVO

As per reports, Soft drinks bottler Coca-Cola Company (KO) HBC AG raised its full-year profit forecast as increasing prices helped the soft drinks bottler to keep sales steady. Sky-high inflation has pinched household budgets and forced consumers to cut down spending, but packaged food makers are ex...

Nov 30, 2022 View Article

Coca-Cola Raises Outlook Remains Confident Amid Price Raise – $KO $DIA $ATOS $INVO

Reportedly, Coca-Cola Company (KO) has raised its annual forecast as the soda giant gains from multiple price increases that have so far failed to bring the demand down. On an adjusted basis, Coca-Cola earned 69 cents per share on net revenue of $11.1 billion. Analysts were expecting 64 cents per s...

Nov 30, 2022 View Article

Are Engine No 1 & Coca-Cola In Talks Over Recycling Initiatives? – $KO $DIA $ATOS $INVO

As per reports, sustainability-focused investment firm Engine No. 1 has held talks with the Coca-Cola Company (KO) about steps the beverage giant could take to ramp up the recycling of its cans and bottles. The activist investor has a passive stake in Coca-Cola through its Transform 500 exchange-tra...

Nov 29, 2022 View Article

Coca Cola Announces Quarterly Dividend & Election Of 3 New Officers – $KO $DIA $ATOS $INVO

As per reports, the Board of Directors of the Coca-Cola Company (KO) announced the election of three new corporate officers, Felix Poh, Neeraj Tolmare, and Mark Westfall as the vice president. All three leaders started their current positions on October 1, and their elections as corporate officers a...

Nov 29, 2022 View Article

Coca-Cola To Release Third-Quarter Earnings On October 25 – $KO $DIA $INVO

As per reports, the Coca-Cola Company (KO) announced it will release the third quarter of 2022 financial results on Oct. 25 before trading starts. The release will be followed by an investor conference call at 8:30 a.m. ET to discuss the results. Interested parties can visit www.coca-colacompany.com...

Oct 20, 2022 View Article

Coca Cola’s Platform Services Unit To Undergo Restructuring, Chief Barry Simpson Steps Down – $KO $DIA $INVO

The Coca-Cola Company (KO) announced that Barry Simpson will step down from his role as the chief Platform Services officer on September 30 and will remain with the company as a senior advisor through February 2023. The company’s Platform Services was created in 2021, and since then Simpson, 62, h...

Sep 20, 2022 View Article

Jennifer Mann To Succeed As The President For North America Operating Unit Of Coca-Cola – $KO $DIA $INVO

As per reports, Jennifer Mann is to succeed Alfredo Riveraas as the Coca-Cola Company (KO) president for North America operating unit effective Jan. 1, 2023. Alfredo Rivera, 61 who will step down on Dec. 31 has led the North America operating unit since August 2020 and will continue with the beverag...

Sep 29, 2022 View Article

Coca-Cola HBC Reports Losses Due To Suspension Of Russian Operations – $HKO $DUA

As per reports, Coca-Cola HBC AG informed that it incurred a one-time hit of 190 million euros ($195.36 million) in the first half due to costs related to its business in Russia after it halt the sale of Coca-Cola drinks in the country following the Ukraine war. Coca-Cola holds more than a 20% stake...

Aug 31, 2022 View Article

Coca-Cola Reports Strong Quarter Driven By Higher Sales & Pricing * Increases Guidance – $KO $DIA

As per reports, Coca-Cola Company (KO) quarterly earnings exceeded estimates as the beverage giant’s sales at restaurants, theatres, and other venues revived from the pandemic. The company also raised prices to manage higher costs on freight, high fructose corn syrup, and aluminum. The beverage g...

Aug 02, 2022 View Article

John Murphy To Succeed Brian Smith As President Of Coca-Cola Company – $KO $DIA

As per reports, John Murphy will become president and CFO, of Coca-Cola Company (KO) effective October 1. Murphy, who currently serves as executive vice president and CFO, will add the president role following the retirement of Brian Smith. Smith, 66, has served as president and COO since 2019 and w...

Jul 29, 2022 View Article

Coca Cola Announces Quarterly Dividend Payable On Oct. 3, 2022- $KO $DIA

Reportedly, the board of Coca-Cola Company announced a dividend of 44 cents per common share. The dividend is payable to the company's shareholders as of Sept. 16, 2022. The dividend is payable on Oct. 3, 2022. Dow 30 Component, The Coca-Cola Company (KO), is the largest total beverage ...

Jul 26, 2022 View Article

Coca-Cola Announces Collaboration With DJ Marshmello – $KO $DIA

As per reports, beverage giant Coca-Cola Company (KO) is teaming up with DJ and music producer Marshmello in a limited-edition offering. The upcoming flavor is likely to come as a surprise and is created with a mix of the artist’s favorite flavors, strawberry, and watermelon along with the classic...

Jul 06, 2022 View Article

Beverage Giant Coca-Cola Schedules Release Of Q2 Earnings For July 26 – $KO $DIA

Reportedly, Dow 30 component The Coca-Cola Company (KO), announced it will release its second-quarter 2022 financial results on July 26 before the New York Stock Exchange opens, followed by an investor conference call at 8:30 a.m. ET. Interested parties can join a webcast at the company's website. ...

Jul 07, 2022 View Article

Coca-Cola’s African Bottling Unit ~$3B Johannesburg Stock Exchange IPO Shelved – $KO $DIA

Reportedly, Coca-Cola Company (KO) had delayed the plans of an estimated $3 billion initial public offering (IPO) of its African bottling unit to 2023 due to turbulence in the market. The flotation of the division, Coca-Cola Beverages Africa is expected to be the biggest on the Johannesburg Stock E...

Jun 23, 2022 View Article

Coca-Cola Quarterly Revenue Exceeded Expectations – $KO $DIA

Coca-Cola Company's (KO) quarterly earnings exceeded estimates as consumers drank more of its namesake soda, Powerade, and Costa coffee. The beverage giant's unit case volume increased 8% during the quarter, fueled by demand for drinks like Powerade and Coke Zero Sugar. Despite the suspension of its...

Apr 27, 2022 View Article

Coca Cola To Host Conference Call On April 25 Following Q1 Release – $KO $DIA

Reportedly, the Coca-Cola Company (KO) is to release its first quarter of 2022 financial results on April 25 before the market opens, followed by an investor conference call at 8:30 a.m. ET to discuss the results. The event can be reached at www.coca-colacompany.com/investors. Dow 30 ...

Mar 25, 2022 View Article

Coca-Cola Pushes Towards 25% Reusable Packaging By 2030 – $KO $DIA

Reportedly, the Coca-Cola Company (KO) aims for 25% of its packaging globally to be reusable by 2030, after being criticized for worldwide plastic pollution. According to the global coalition Break Free From Plastic's annual report released in October, the company was the world's worst plastic pollu...

Feb 15, 2022 View Article

Coca-Cola Earnings Beat Q4 Estimates – Sees Inflationary Pressures – $KO $DIA

Soda giant, Coca-Cola Company (KO) reported strong Q4 earnings that beat estimates, but the company predicts a weaker-than-expected outlook, predicting that higher inflation would continue to weigh on its profits throughout 2022. Earning Highlights: Adjusted Earnings per share were 45 cents ver...

Feb 13, 2022 View Article

Coca-Cola Q4 Full-Year Earnings Release Feb 10 – $KO $DIA

As per reports, the Coca-Cola Company (KO) is set to release its Q4 and full-year 2021 financial results on Feb. 10 before the New York Stock Exchange opens, followed by an investor conference call at 8:30 a.m. ET to discuss the results. Interested parties can join in at www.coca-colacompany.com/inv...

Jan 16, 2022 View Article

Beverage Giant Coca-Cola To Acquire Remaining Stake In BodyArmor Now Valued At $6.59B

Reportedly, Coca-Cola Co. (KO) is now buying a remaining stake in BodyArmor that it did not already own for $5.6 billion, valuing BodyArmor at about $6.59 billion. The beverage giant is gearing up its sports drink portfolio to take on market leader, PepsiCo Inc.'s Gatorade. The deal signifies a shif...

Nov 01, 2021 View Article

Beverage Giant Coca-Cola Hikes Annual Outlook – Net sales jumped 16%

Beverage giant, the Coca-Cola Company (KO) reported fiscal third-quarter earnings that exceeded analysts’ estimates allowing it to hike its annual outlook again. Some key highlights from the earnings: Adjusted EPS of 65 cents was reported exceeding 58 cents expected. Revenue stood at $10.04...

Nov 01, 2021 View Article

Coca-Cola Announces Quarterly Dividend Of 42 Cents

As per reports, the board of Coca-Cola Company (KO) announced a dividend of 42 cents per common share payable on Dec. 15, 2021. The dividend is payable to shareholders as of Dec. 1, 2021. Dow 30 Component, The Coca-Cola Company (KO), is the largest total beverage company in the world. It offers 5...

Oct 26, 2021 View Article

Coca-Cola Eyes 2022 IPO For Majority Owned Coca-Cola Beverages Africa

As per reports, Coca-Cola Co. (KO) is seeking a value of 7 billion euros ($8.1 billion) for its Coca-Cola Beverages Africa, expected to list next year. Bank of America Corp., Morgan Stanley, and Standard Bank Group Ltd. are being enlisted to run the initial public offering. As per sources, the final...

Oct 18, 2021 View Article

Beverage Giant Coca-Cola Schedules ESG Presentation On Nov 3 Led By Bea Perez, SVP & Chief Communications & Sustainability and Strategic Partnerships Officer

As per reports, the Coca-Cola Company (KO) has scheduled to discuss the company’s environmental, social, and governance (ESG) priorities during a webcast with investors on Nov. 3 at 11 a.m. ET. The event will be hosted by Bea Perez, Senior Vice President, and Chief Communications & Sustainabil...

Oct 13, 2021 View Article

Coca Cola Turns To 3 So-called Bulk Carriers As Container Rates Rise

Reportedly, Coca-Cola Company (KO) is switching its cargoes to vessels that are normally only used by industrial commodity traders. The company usually transports materials around the world in the same 20-foot steel boxes that haul everything from toys to bicycles, but due to constrained capacity, t...

Oct 08, 2021 View Article

Coca-Cola Announces Q3 2021 Earnings Release On October 27

As per reports, the Coca-Cola Company is to release its third-quarter 2021 financial results on Oct. 27 before the market opens, followed by an investor conference call at 8:30 a.m. ET to review and discuss the results. Interested parties can join the event on the company's website. Dow 30 Compon...

Oct 06, 2021 View Article

Coca-Cola UK Bottler Facing Aluminum Can Shortages

Reportedly, the Coca-Cola (KO) bottling business for the UK and Europe is facing supply chain issues from a “shortage of aluminum cans.” The social uproar of the scarcity of Diet Coke and Coke Zero products in recent weeks has been raised by customers. Coca-Cola Europacific Partners (CCEP) told...

Sep 03, 2021 View Article

Coca-Cola Teams Up With Leading Provider Of Shared Electric Vehicles (Lime) Rewarding Consumers For Recycling

Reportedly, the Coca-Cola Company (KO) announced a partnership with the world’s leading provider of shared electric vehicles, Lime, rewarding people for their commitment to recycling. The companies are offering more than 40,000 free bike or e-scooter rides to people who purchase and pledge to recy...

Aug 25, 2021 View Article

Coca-Cola Announces Retirement Of Herbert A. Allen

Coca-Cola Announces Retirement Of Longest-Serving Current Member Of Board Herbert A. Allen

As per reports, the Coca-Cola Company (KO) today announced that Herbert A. Allen, 80 has retired as a director effective Aug. 18, stepping down after 39 years of service. Allen was the longest-serving current member of the company’s board of directors. Allen’s retirement brings down the Coca-Col...

Aug 25, 2021 View Article

Coca-Cola Beats Estimates As Demand Bounces For Beverages At Theaters, Restaurants, Stadiums

The Coca-Cola Company (KO) reported strong Q2 figures as demand bounces back for its beverages as theaters, restaurants, and stadiums reopen. Revenue in Coca-Cola's North America business increased 28% in the second quarter as public venues reopened and restrictions eased out across the United State...

Jul 21, 2021 View Article

Coca-Cola Company Announces Release Of Q2 2021 Earnings July 21

As per reports, the Coca-Cola Company (KO) to announce its Q2 2021 earnings on July 21 before trading opens, followed by a conference call at 8:30 a.m. ET to discuss and review the results with the investor community. Interested parties can reach the webcast for this event at the company’s website...

Jun 29, 2021 View Article

Ronaldo, Pogba Ditch Coke & Beer At Euro 2020 Conference

Reportedly, France midfielder Paul Pogba, a practicing Muslim removed a bottle of Heineken beer in front of him at a Euro 2020 news conference. A day after, Portugal captain Cristiano Ronaldo also removed two Coca-Cola (KO) bottles as he sat down to speak to media ahead of the Group F opener agains...

Jun 18, 2021 View Article

Cristiano Ronaldo Chooses Water Over Coca Cola ‘Shaving Value’ From The Beverage Giant’s Shares

Reportedly, Coca-Cola’s share price dipped by $4bn (£2.8bn) after Cristiano Ronaldo, captain of Portugal national football team removed two bottles of the carbonated drink in front of him as he sat down to speak to the media at Euro 2020 press conference ahead of Group F opener against Hungary,...

Jun 20, 2021 View Article

The Coca-Cola Company Becomes The First Global Implementation Partner For The Ocean Cleanup’s River Project

Reportedly, the Coca-Cola Company (KO) has partnered with The Ocean Cleanup’s River Project. The partnership brings in Coca-Cola’s Global Network with The Ocean Cleanup’s Technology Supporting Solutions for 15 Rivers Around the World, preventing plastic waste from entering the oceans. The obje...

Jun 02, 2021 View Article

Coca-Cola Announces The Discontinuation Of Coca-Cola Energy In North America

As per reports, the Coca-Cola Company (KO) is discontinuing its energy drink, Coca-Cola Energy, in North America just over a year after it was rolled out. The beverage giant will focus on its fast-moving beverages as consumers pick up more of its traditional sodas and flavored sparkling waters as ...

May 17, 2021 View Article

Saadia Madsbjerg Named President of The Coca-Cola Foundation & VP of Global Community Affairs for The Coca-Cola Company (KO)

As per reports, Saadia Madsbjerg has been named as the President of The Coca-Cola Foundation and VP of Global Community Affairs for The Coca-Cola Company (KO), effective June 1. Madsbjerg, 44 succeeds Helen Price and will report to Bea Perez, Chief Communications, Sustainability & Strategic Part...

May 06, 2021 View Article

Coca-Cola Reports Strong Quarterly Earnings- Remains Positive On Growth Amid Economic Recovery

Reportedly, the Coca-Cola Company (KO) released quarter earnings this week, reporting a revenue of $9.02 billion versus $8.6 billion expected. Adjusted earnings per share stood at 55 cents versus 50 cents expected. The beverage giant reported a fiscal first-quarter net income of $2.25 billion, or 5...

Apr 21, 2021 View Article

The Coca-Cola Company Schedules Release Of Q1 2021 Earnings For April 19

Reportedly, the Coca-Cola Company (KO) to release its first-quarter 2021 financial results on April 19 before the market opens, followed by an investor conference call at 8:30 a.m. ET to discuss and review the results. Interested parties can join a webcast for this event at www.coca-colacompany.com/...

Mar 22, 2021 View Article

Coca-Cola Confirms 59th Consecutive Annual Dividend Increase

Reportedly, The Board of the Coca-Cola Company (KO) announced the company’s 59th consecutive annual dividend increase by 2.4 percent from 41 cents to 42 cents per common share, payable on April 1 to shareholders of record on March 15. The board also announced the election of Stacy Apter as vice p...

Feb 22, 2021 View Article

Coca-Cola Announces Q4 Earnings, Cost-Cut Helps The Beverage Giant MoveThrough Pandemic Times

Beverage Giant, Coca Cola (KO) reported Q4 earnings this week, exceeding estimates but realized lower revenues as the business has suffered due to the coronavirus pandemic. The Company worked on its workforce restructuring and slimmed down its portfolio to deal with the crisis. The company recorded ...

Feb 11, 2021 View Article

Coca-Cola Introduces 100% Recycled Plastic Bottles In U.S.

As per reports, The Coca-Cola Company (KO) is introducing sodas in bottles made from 100% recycled plastic material in the United States, reducing its use of new plastic by more than 20% across its North American portfolio compared with 2018. The soda and beverage giant has been criticized for being...

Feb 12, 2021 View Article

Coca-Cola’s South African Bottler To Revise Black Ownership Stake To 20%

As per reports, Coca-Cola Beverages South Africa (CCBSA) will increase the stake held by black empowerment investors and employees in the company to 20%, in a bid to meet merger conditions specified by competition authorities. The Coca-Cola Company and SABMiller Plc reached an agreement in 2014, un...

Feb 09, 2021 View Article

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