Coca Cola Co Stock Price, News & Analysis

The Coca-Cola Company (NYSE: KO) has elected Carolyn Everson, former president of Instacart, as a new director. Everson's background includes leadership roles at Facebook and Microsoft, overseeing significant revenue streams and global teams. CEO James Quincey highlighted her vast experience in media and consumer sectors, which is expected to enhance Coca-Cola's strategic direction. Everson holds degrees from Villanova University and Harvard Business School.

The U.S. Global Leadership Coalition (USGLC) has partnered with The Coca-Cola Company (NYSE: KO) to lead the South Initiative through 2023. This program aims to enhance conversations on global development and sustainability in the southern U.S., engaging key stakeholders. With over 95% of consumers outside the U.S., the initiative focuses on supply-chain solutions for American competitiveness. Coca-Cola's role emphasizes its commitment to addressing global challenges through collaboration with leaders across business and community sectors.

O'Charley's Restaurant + Bar, in partnership with Coca-Cola, is launching a summer promotion featuring the new Chicken Tender Nachos for $5 following NASCAR races where Coca-Cola drivers finish in the top 5. The promotion runs from June 13 to September 5 and includes a series of NASCAR Parking Lot Parties at select locations. Additionally, a NASCAR sweepstakes from August 1 to September 4 will offer VIP tickets and other prizes. With 146 locations, O'Charley's emphasizes good food and hospitality while promoting family-friendly activities.

The Coca-Cola Company (NYSE: KO) will report its second quarter 2022 financial results on July 26, before the New York Stock Exchange opens. An investor conference call is scheduled for 8:30 a.m. ET to discuss these results. Investors can join the webcast by visiting www.coca-colacompany.com/investors, where downloadable files and a transcript will be available within 24 hours after the call.

smartwater has appointed Zendaya as its new global brand ambassador, enhancing its campaign titled ‘Keeping It Smart.’ The initiative, launching on June 21 in the U.S., will spotlight individuals defining ‘smart’ in their terms and support community water programs. Zendaya aims to improve water access starting in her hometown of Oakland, California, in partnership with the Global Water Challenge (GWC). The campaign reflects a commitment to hydration and aims to better water quality for communities. Since 2010, The Coca-Cola Company has positively impacted over 18.5 million people with clean water access efforts.

The Coca-Cola Company (NYSE: KO) has announced a delay in plans to publicly list Coca-Cola Beverages Africa (CCBA). Initially disclosed in April 2021, this decision aligns with the company's focus on brand development and innovation. The timing of the IPO will depend on macroeconomic conditions, and plans for CCBA to operate as an independent public company remain unchanged. CCBA is the largest Coca-Cola bottling partner in Africa, accounting for over 40% of Coca-Cola products sold on the continent.

Brown-Forman Corporation (BF.A, BF.B) and The Coca-Cola Company (KO) have announced a global partnership to launch a ready-to-drink (RTD) version of the classic Jack & Coke cocktail. This innovative product will combine Jack Daniel’s Tennessee Whiskey and Coca-Cola, aimed at providing convenience and consistency to consumers. The RTD is set to debut in Mexico in late 2022, with plans for a wider rollout. Both companies emphasize responsible marketing and adherence to legal drinking age guidelines in their promotional efforts.

O'Charley's Restaurant + Bar, in partnership with Coca-Cola, is launching a summer campaign centered around NASCAR, featuring promotions and family events. From June 13 to September 5, customers can purchase Chicken Tender Nachos and a Coke Zero for just $5 after races where a Coca-Cola Racing Family Driver finishes in the top 5. Additionally, they will host Parking Lot Parties and a sweepstakes offering a NASCAR weekend experience. The campaign includes participation from notable drivers like Denny Hamlin and Joey Logano.

The Coca-Cola Company (NYSE: KO) will participate in two major investor conferences. Chairman and CEO James Quincey is set to speak at Bernstein's 38th Annual Strategic Decisions Conference in New York on June 1, at 8 a.m. ET. He will be joined by Beatriz Perez, Chief Communications Officer. Additionally, CFO John Murphy and CMO Manolo Arroyo will present at the dbAccess Global Consumer Conference in Paris on June 16, at 6 a.m. ET. Webcasts for both events will be accessible online.