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 total beverage company in the soft drink manufacturing industry, with products sold in more than 200 countries and territories. This news page focuses on company announcements that explain how Coca-Cola manages its global brand portfolio, its leadership, and its relationships with bottling partners and major event organizers.
Investors and followers of KO stock can use this feed to review earnings-related updates, such as quarterly results and outlook commentary, which the company reports through press releases and accompanying Form 8-K filings. These disclosures often include information on net revenues, operating income, earnings per share, unit case volume and value share trends across regions and beverage categories.
News from The Coca-Cola Company also covers corporate actions and governance, including CEO succession plans, board appointments and changes in operational leadership. Recent examples include the election of Henrique Braun as future Chief Executive Officer and the election of Max Levchin to the board of directors. Organizational updates related to digital transformation, such as the creation of a Chief Digital Officer role, are another recurring theme.
Readers will also find coverage of strategic transactions and partnerships, including refranchising steps involving bottling operations and agreements to sell stakes in bottlers like Coca-Cola Beverages Africa. In addition, Coca-Cola issues news about global marketing and sponsorship activities, such as the FIFA World Cup Trophy Tour by Coca-Cola, which highlights the company’s role in major sporting events and associated sustainability initiatives. For an ongoing view of how The Coca-Cola Company communicates its strategy, performance and brand activities, this KO news page provides a centralized stream of official releases.
The Coca-Cola Company (NYSE: KO) declared a dividend of 44 cents per share, payable on October 3, 2022. Shareowners of record as of the close of business on September 16, 2022 will receive this dividend. Coca-Cola operates in over 200 countries, offering a range of beverages including Coca-Cola, Sprite, and Dasani. The company emphasizes sustainability and community impact while remaining a leading player in the beverage industry.
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.