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 reported strong fourth quarter and full-year results for 2021, with net revenues increasing 10% for the quarter and 17% for the year, reaching $38.7 billion. Organic revenues rose 9% and 16%, respectively. However, operating income declined 28% in Q4 due to increased marketing investments. EPS grew 65% to $0.56 for Q4, while full-year EPS rose 26% to $2.25. The company invested $1.4 billion in capital expenditures and acquired BODYARMOR for $5.6 billion. Cash flow from operations reached $12.6 billion, up 28%.
Molson Coors Beverage Company (NYSE: TAP) has expanded its agreement with The Coca-Cola Company (NYSE: KO) to launch Simply Spiked Lemonade this summer, following the success of Topo Chico Hard Seltzer. The new product line will include a variety pack inspired by Simply's best-selling non-alcoholic flavors. As Simply is a $1 billion+ brand found in 50% of U.S. households, this collaboration aims to disrupt the full-flavor alcohol market. This initiative supports Molson Coors' strategy to enhance its premium portfolio.
The Coca-Cola Company (NYSE: KO) will release its fourth quarter and full year 2021 financial results on February 10 before the NYSE opens. An investor conference call will follow at 8:30 a.m. ET. Additionally, CEO James Quincey and CFO John Murphy are set to present at the Consumer Analyst Group of New York (CAGNY) Virtual Conference on February 22 at 1:50 p.m. ET. Investors can access a webcast of the call and presentations via the company’s investor relations website.
The Coca-Cola Company (NYSE: KO) announced the election of Herbert A. Allen III as a director, effective December 17. Allen, president of Allen & Co. for nearly two decades, has substantial experience in financial advisory and investment banking. He is the son of former director Herbert A. Allen Jr., who retired after 39 years. The board now has 12 directors, and Allen will seek reelection at the annual meeting in April 2022. James Quincey, Chairman and CEO, stated that Allen's expertise will enhance the board's knowledge base and perspective.
The Coca-Cola Company (NYSE: KO) has announced that Chairman and CEO James Quincey will participate in the Redburn CEO Conference on December 1 at 11 a.m. ET. Investors can join the webcast of the event at www.coca-colacompany.com/investors. A downloadable file and transcript will be available within 24 hours after the event.
The Coca-Cola Company operates globally, focusing on refreshing beverages and sustainability.
The Coca-Cola Company has appointed WPP as its Global Marketing Network Partner to advance a consumer-centric marketing model aimed at driving long-term growth across its brands in over 200 countries. The new integrated agency model, designed by CMO Manolo Arroyo, emphasizes a seamless connection between creative ideas and consumer experiences, supported by data insights. Key elements of this model include the Global Marketing Network Partner, Complementary Media Partner Dentsu, a Strategic Roster of approved agencies, and a unified data platform, all set to enhance marketing effectiveness and efficiency.
The Coca-Cola Company has acquired BODYARMOR for
The brand generated over
The Coca-Cola Company reported robust third-quarter results for 2021, with net revenues rising 16% to $10.0 billion and organic revenues growing 14%. Global unit case volume increased by 6%, and operating income surged 26%. The operating margin reached 28.9%, up from 26.6% in the previous year. Earnings per share rose 41% to $0.57, while comparable EPS grew 18% to $0.65. The company's cash flow from operations stood at $9.2 billion year-to-date, reflecting strong business performance. Coca-Cola also emphasized its commitment to sustainability and innovation in its product offerings.
The Coca-Cola Company (NYSE: KO) has declared a dividend of 42 cents per common share, payable on December 15, 2021, to shareholders of record as of December 1, 2021. This announcement underscores the company's commitment to returning value to its investors.
Coca-Cola operates in over 200 countries, offering a broad range of beverages including major brands like Coca-Cola, Sprite, and Fanta, while focusing on innovation and sustainability.
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