Coca Cola Co Stock Price, News & Analysis

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.

The FIFA World Cup™ Trophy Tour by Coca-Cola commenced in Dubai, featuring iconic players Iker Casillas and Kaká. This event marks the trophy's fifth global journey, set to visit 51 countries and all 32 qualifying nations for the first time. Coca-Cola aims to engage fans worldwide, sharing the passion and excitement of the FIFA World Cup. The tour underscores Coca-Cola's long-standing relationship with FIFA and its commitment to sustainability through reduced waste and resource consumption at each stop. The trophy, a symbol of football excellence, will return to Qatar following its global tour.

The Coca-Cola Company (NYSE:KO) announced a quarterly dividend of 44 cents per common share, payable on July 1, 2022. Shareowners on record as of June 15, 2022 will receive this payment. The recent increase marks the company's 60th consecutive annual dividend increase, raising the dividend approximately 5 percent from the previous 42 cents. This move exemplifies Coca-Cola's commitment to shareholder value and financial health.

The Coca-Cola Company's Q1 2022 results reveal robust growth, with net revenues increasing 16% to $10.5 billion. Organic revenues rose 18%, aided by an 8% growth in unit case volume. The operating margin improved to 32.5%, and EPS climbed 23% to $0.64, despite an 8-point currency headwind. Cash flow from operations fell $1 billion to approximately $620 million. The company remains optimistic about its full-year guidance, emphasizing strong market performance and consumer engagement strategies.

The Coca-Cola Company (NYSE: KO) has collaborated with Bill Nye to produce an engaging short film that clarifies the process of bottle-to-bottle recycling. The animation aims to inspire viewers to take action in addressing the global plastic waste crisis. Coca-Cola's World Without Waste initiative targets collecting and recycling a bottle for every one sold by 2030 and aims for 100% recyclable packaging by 2025. Currently, only 27% of plastic bottles are recycled in the U.S., a figure Coca-Cola seeks to improve through education and better recycling practices.