The Coca-Cola Company reports developments for a global nonalcoholic beverage business built around sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages. Its portfolio includes Coca-Cola, Sprite, Fanta, Dasani, smartwater, Topo Chico, BODYARMOR, Powerade, Costa, Minute Maid, Simply and fairlife, with products sold in more than 200 countries and territories through bottling and distribution partners.
Company news commonly covers quarterly results and guidance, brand innovation, pack and channel strategy, global marketing partnerships, dividend actions, officer appointments and board governance. Updates also reference portfolio changes such as lower-sugar drinks, new product launches, packaging initiatives, water replenishment, recycling and other value-chain sustainability programs.
Dunkin' has launched ready-to-drink bottled Iced Coffee in collaboration with The Coca-Cola Company, featuring flavors inspired by Girl Scout Cookies: Thin Mints, Coconut Caramel, and S'mores. Available in 13.7 fl oz bottles nationwide, these flavors aim to appeal to fans looking for a refreshing drink. Additionally, a limited-edition merchandise collection called 'The Chill Collection' will launch, offering fans exclusive items. This initiative strengthens Dunkin's brand appeal while enhancing its product lineup, reflecting a focus on collaboration and innovation.
The Coca-Cola Company (NYSE: KO) will release its first quarter 2021 financial results on April 19 before market opening. Following the earnings announcement, an investor conference call will take place at 8:30 a.m. ET. Investors can participate in a live webcast via the company's investor relations website. The Coca-Cola Company operates globally with a diverse range of beverage brands, selling products in over 200 countries. The firm emphasizes sustainability and community impact through various initiatives.
The Coca-Cola Company (NYSE: KO) has announced the expiration and results of its cash offers to purchase outstanding U.S. dollar and Euro-denominated notes. The Offers, which expired on March 5, 2021, saw $751.1 million in Dollar Notes and €631.7 million in Euro Notes tendered. Initial settlement for Dollar Notes is expected on March 8, 2021, and for Euro Notes on March 10, 2021. The company expects to accept all validly tendered Notes, with total consideration payable in cash. Holders will also receive accrued interest from the last payment dates prior to the settlement.
The Coca-Cola Company (NYSE: KO) has announced the pricing of its cash Offers to purchase all outstanding U.S. and Euro-denominated notes. The Offers include significant Dollar Notes totaling $2.25 billion and Euro Notes worth €1.5 billion. The Offers will expire at 5:00 p.m. on March 5, 2021. The Total Consideration for the Dollar Notes ranges from $1,045.82 to $1,074.81 per $1,000 principal, while the Euro Notes are priced at €1,027.10 per €1,000 principal. Accrued interest will be paid alongside the Total Consideration. Details can be accessed via the Offer Website.
The Coca-Cola Company (KO) announced cash offers to purchase all outstanding U.S. dollar and Euro-denominated notes totaling approximately $2.25 billion and €1.5 billion, respectively. The offers will expire on March 5, 2021, and are part of concurrent new note offerings. The total consideration will reflect yields based on prevailing rates and fixed spreads. Payments for accepted notes will be processed after the expiration date, with initial settlements expected by March 8 and March 10 for Dollar and Euro Notes, respectively.
The Coca-Cola Company has announced a 2.4% increase in its quarterly dividend, raising it from 41 cents to 42 cents per share. This marks the company's 59th consecutive annual dividend increase. The annual dividend now stands at $1.68 per share, up from $1.64 in 2020. Shareholders will receive the first quarter dividend on April 1 for those on record by March 15. Coca-Cola returned $7 billion in dividends to shareholders in 2020, totaling $61.9 billion since 2010.
McDonald's is set to reintroduce the beloved Hi-C Orange Lavaburst to its menu nationwide this summer, following numerous requests from fans since its removal in 2017. The drink will first appear in select locations this month. Customers can track its availability via the Hi-C Orange tracker. This non-carbonated beverage, originally launched in 1955, will complement the existing Fanta Orange drink. McDonald's cited strong consumer demand through social media and petitions as a major factor in the decision to bring back this fan favorite.
The Coca-Cola Company reported Q4 and full-year 2020 results showing a 5% decline in net revenues to $8.6 billion for Q4 and an 11% decline to $33.0 billion for the year. Operating margins improved, with Q4 margins at 27.2% compared to 23.9% the previous year, driven by cost management. EPS fell 29% to $0.34 for Q4, while comparable EPS rose 6% to $0.47. The company anticipates challenges in the near term due to the pandemic but aims for recovery and growth in 2021, reinstating guidance. Additionally, a tax reserve of $438 million was recorded amid ongoing IRS litigation.
The Coca-Cola Company has unveiled a new 13.2oz bottle made from 100% recycled plastic (rPET), starting its launch in select U.S. states including Florida and California. This initiative, part of the company's move towards sustainability, aims to reduce new plastic usage by over 20% by 2022 compared to 2018 levels. Alongside Coca-Cola, brands like DASANI and smartwater will also transition to 100% rPET bottles. This change is expected to decrease greenhouse gas emissions by 10,000 metric tons annually, equivalent to removing over 2,100 cars from the road.
The Coca-Cola Company (NYSE: KO) will release its fourth quarter and full year 2020 financial results on Feb. 10, 2021, before the NYSE opens. Following this, an investor conference call will take place at 8:30 a.m. ET. Furthermore, Chairman and CEO James Quincey along with CFO John Murphy will present at the Consumer Analyst Group of New York (CAGNY) Virtual Conference on Feb. 19, 2021, at 10:40 a.m. ET. Both the earnings webcast and CAGNY presentation can be accessed on Coca-Cola's investor website.