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Canada's Kindest Community Contest begins accepting submissions on World Kindness Day with the goal to identify, celebrate, and reward a Canadian community with a $50,000 donation TORONTO, Nov. 13, 2024 /CNW/ - Coca-Cola is kicking off the holiday season on World Kindness Day with the return of the Coca-Cola Holiday Caravan and the launch of Canada's Kindest Community Contest. Adorned with twinkling lights, the iconic Red Coca-Cola truck, accompanied by Santa and a few special elves, will bring Canadians together to offer kindness-led experiences coast-to-coast and make sure we all feel like we belong this holiday season. New this year, the tour coincides with the launch of Canada's Kindest

The Coca-Cola Company announced today that James Quincey, Chairman and CEO, will present at the Morgan Stanley Global Consumer & Retail Conference in New York Dec. 3 at 11 a.m. ET. The company invites investors to join a webcast for this event at coca-colacompany.com/investors. Downloadable files, as well as a transcript, will be available within 24 hours after the event on the company's website. About The Coca-Cola Company The Coca-Cola Company (NYSE:KO) is a total beverage company with products sold in more than 200 countries and territories. Our company's purpose is to refresh the world and make a difference. We sell multiple billion-dollar brands across several beverage categories wo

Changes Will Simplify Reporting Structure The Coca-Cola Company announced today that innocent Drinks and Costa Coffee will report to the company's Europe operating unit, effective Jan. 1, 2025. These organizational changes are intended to streamline and simplify the current structure. There are no significant numbers of employment changes, as the vast majority of current roles will continue. Background The Global Ventures group was established in 2019 primarily to oversee the company's ownership of Costa, innocent and Dogadan, as well as the company's investment in Monster Beverage Corp. "As we look to our next chapter of growth, we have evaluated how to best set ourselves up for futur

Barrilitos Made Con Mucho Flavor, connects consumers to the generations that came before them. LOS ANGELES, Oct. 31, 2024 /PRNewswire/ -- The Coca-Cola Company is pleased to announce the highly anticipated regional relaunch of Barrilitos, a cherished Mexican soft drink brand with a rich legacy dating back to 1938. A new addition to Coca-Cola's imports portfolio, Barrilitos hails from Monterrey, México, and is poised to make waves in California. With its nostalgic appeal, vibrant flavors, and premium quality, this authentic soft drink is bottled and produced in México, ready to delight consumers across the California region.

Global Unit Case Volume Declined 1% Net Revenues Declined 1%; Organic Revenues (Non-GAAP) Grew 9% Operating Income Declined 23%; Comparable Currency Neutral Operating Income (Non-GAAP) Grew 14% Operating Margin Was 21.2% Versus 27.4% in the Prior Year; Comparable Operating Margin (Non-GAAP) Was 30.7% Versus 29.7% in the Prior Year EPS Declined 7% to $0.66; Comparable EPS (Non-GAAP) Grew 5% to $0.77 The Coca-Cola Company today reported third quarter 2024 results. "Our business continues to demonstrate resilience in the face of a dynamic external environment," said James Quincey, Chairman and CEO of The Coca-Cola Company. "We are encouraged by our year-to-date performance and our system'

Board Also Declares Regular Quarterly Dividend The Coca-Cola Company today announced that Bela Bajaria, Chief Content Officer for Netflix Inc., has been elected as a director. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241017466304/en/Bela Bajaria (Photo: Business Wire) Bajaria's election is effective immediately and brings the Coca-Cola board to 12 directors. As Chief Content Officer, Bajaria oversees all television and film for Netflix in all languages. She manages a content budget of about $17 billion annually and reports to co-CEO Ted Sarandos. She sits on the company's leadership team. "Bela brings a wealth of experie

Partnership will deploy innovative capture technology in waste reduction efforts to collect, remove and analyze waste found in Canada's Great Lakes  TORONTO, Sept. 27, 2024 /CNW/ - Today, The Coca-Cola Company in Canada is announcing a partnership with the Canadian not-for-profit, Pollution Probe, on its Great Lakes Plastic Cleanup initiative, the largest initiative of its kind in North America. As part of its partnership, The Coca-Cola Company is sponsoring a new remote-controlled, mobile waste collector called a PixieDrone that will help Pollution Probe collect floating debris, including plastic, flowing into the Great Lakes.

The Coca-Cola Company today announced it will release third quarter 2024 financial results Oct. 23 before the New York Stock Exchange opens. The release will be followed by an investor conference call at 8:30 a.m. ET to discuss the results. The company invites investors to join a webcast at www.cocacolacompany.com/investors. Downloadable files, as well as a transcript, will be available within 24 hours after the call on the company's website. About The Coca-Cola Company The Coca-Cola Company (NYSE:KO) is a total beverage company with products sold in more than 200 countries and territories. Our company's purpose is to refresh the world and make a difference. We sell multiple billion-doll

The Coca-Cola Company and Bacardi Limited today announced an agreement to debut BACARDÍ rum and Coca-Cola as a ready-to-drink (RTD) pre-mixed cocktail. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240917932386/en/BACARDÍ rum and Coca-Cola ready-to-drink (RTD) pre-mixed cocktail (Photo: Business Wire) BACARDÍ Mixed with Coca-Cola RTD will be available in several markets around the world, with the initial launch planned for select European markets and Mexico in 2025. "We are continuing to develop our portfolio as a total beverage company, including in the growing alcohol ready-to-drink market," said James Quincey, Chairman and C

Guests invited to conjure up their own Coca-Cola® custom flavor blends and get a taste of the biggest movies releases with limited time offerings for Warner Bros. Pictures' BEETLEJUICE BEETLEJUICE and more! HONOLULU, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Consolidated Theatres, an affiliate of Reading International, Inc. (NASDAQ:RDI), is unveiling a new custom beverage flavor created by the refreshment experts at Coca-Cola® exclusively for Consolidated Theatres. A proprietary blend featuring Fanta® Cherry, Vanilla, and Lime flavors, the thirst-quenching "Consolidated Theatres Island Punch" debuts with the arrival of state-of-the-art Coca-Cola Freestyle® beverage fountains at Consolidated Th

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The Coca-Cola Company announced today that James Quincey, Chairman and CEO, will present at the Morgan Stanley Global Consumer & Retail Conference in New York Dec. 3 at 11 a.m. ET. The company invites investors to join a webcast for this event at coca-colacompany.com/investors. Downloadable files, as well as a transcript, will be available within 24 hours after the event on the company's website. About The Coca-Cola Company The Coca-Cola Company (NYSE:KO) is a total beverage company with products sold in more than 200 countries and territories. Our company's purpose is to refresh the world and make a difference. We sell multiple billion-dollar brands across several beverage categories wo

Customers can indulge in the limited-time Coca-Cola® OREOTM Zero Sugar Slurpee drink flavor in participating stores now IRVING, Texas, Sept. 3, 2024 /PRNewswire/ -- 7-Eleven, Inc. is stirring up excitement with a daring new Slurpee® drink flavor: Coca-Cola© OREOTM Zero Sugar, exclusively available at participating 7-Eleven®, Speedway® and Stripes® stores nationwide. This unexpected flavor combination caps off this year's exciting Slurpee season, including the brand's annual Slurpee Day celebration. The new Slurpee drink flavor release is inspired by Coca-Cola© and OREO's© upco

The Coca-Cola Company announced today that John Murphy, President and Chief Financial Officer, and Henrique Braun, Executive Vice President and President, International Development, will present at the Barclays Global Consumer Staples Conference in Boston Sept. 5 at 11:15 a.m. ET. The company invites investors to join a webcast for this event at coca-colacompany.com/investors. Downloadable files, as well as a transcript, will be available within 24 hours after the event on the company's website. About The Coca-Cola Company The Coca-Cola Company (NYSE:KO) is a total beverage company with products sold in more than 200 countries and territories. Our company's purpose is to refresh the w

ATLANTA and EAST HANOVER, N.J., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Coca-Cola® and the OREO® brands have teamed up as "Besties" to create two exclusive and limited-edition products: OREO® Coca-Cola™ Sandwich Cookie and Coca-Cola® OREO™ Zero Sugar Limited Edition. Inspired by besties around the world, the two iconic brands are, for a limited time, sparking celebration amongst besties with the launch of two legendary products and several unique digital and physical experiences. The significance of celebrating friendships has never been more pertinent, and the brands are championing this by introducing "Besties," a partnership celebrating what it means to be "Besties." Besties often become a

The Ultimate Pizza Lover's Dream Come True Everyone says the best things in life are free, so what's better than winning two of America's favorite staples—pizza and Coca-Cola®—for life? On the heels of a successful launch of its Hot & Fresh Pizza, The Fresh Market has teamed up with The Coca-Cola Company to elevate the dining experience for its customers. Imagine getting to enjoy the quality, delicious taste of a Hot & Fresh pizza followed by the refreshing chill of a Coke—for life. Now, this dream can become a reality! This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240620957288/en/Get ready to savor the ultimate dining experi

Expands Board to 7 Directors NEW YORK, May 31, 2024 /PRNewswire/ - Ascend Wellness Holdings, Inc. ("AWH," "Ascend," or the "Company") (CSE:AAWH) (OTCQX:AAWH), a vertically integrated multi-state cannabis operator focused on bettering lives through cannabis, is pleased to announce the appointment of Julie Francis to its Board of Directors, effective June 3, 2024. With Ms. Francis' appointment, the total number of directors on the Company's Board of Directors will be increased from six to seven. The Board of Directors determined that Ms. Francis qualifies as an "independent dire

The Coca-Cola Company announced today that its executives will speak at two investor events in June. John Murphy, President and Chief Financial Officer, will present at the dbAccess Global Consumer Conference in Paris on June 6 at 11 a.m. CEST/5 a.m. ET. James Quincey, Chairman and CEO, will present at the Redburn Atlantic and Rothschild & Co. Consumer Conference in London on June 20 at 1 p.m. BST/8 a.m. ET. The company invites investors to join webcasts for these events at coca-colacompany.com/investors. Downloadable files, as well as transcripts, will be available within 24 hours after the events on the company's website. About The Coca-Cola Company The Coca-Cola Company (NYSE:K

The Coca-Cola Company announced today that Jennifer Mann, executive vice president and president of the North America operating unit, will speak at the UBS Global Consumer and Retail Conference in New York on March 14 at 8 a.m. ET. The company invites investors to join a webcast at coca-colacompany.com/investors. A downloadable file and transcript will be available within 24 hours after the event on the company's website. About The Coca-Cola Company The Coca-Cola Company (NYSE:KO) is a total beverage company with products sold in more than 200 countries and territories. Our company's purpose is to refresh the world and make a difference. We sell multiple billion-dollar brands across s

The Coca-Cola Company announced today that its executives will speak at two investor events in November and December. John Murphy, President and Chief Financial Officer, will present at the Redburn Atlantic CEO Conference on Nov. 28 at 10 a.m. ET. Henrique Braun, President of International Development, will speak at the Morgan Stanley Global Consumer & Retail Conference in New York on Dec. 5 at 3 p.m. ET. The company invites investors to join webcasts for these events at coca-colacompany.com/investors. Downloadable files, as well as transcripts, will be available within 24 hours after the events on the company's website. About The Coca-Cola Company The Coca-Cola Company (NYSE:KO)

Brian Smith to Retire as President and Chief Operating Officer The Coca-Cola Company today announced that John Murphy will become president and chief financial officer effective Oct. 1. Murphy, who currently serves as executive vice president and CFO, will add the president role following the retirement of Brian Smith. Smith, 66, has served as president and chief operating officer since 2019. He will remain with the company as a senior executive through February 2023. "Brian has made innumerable contributions to the Coca-Cola system during his 25 years with the company," said James Quincey, Chairman and CEO of The Coca-Cola Company. "I thank him for his service and, on behalf of the comp

Global Unit Case Volume Declined 1% Net Revenues Declined 1%; Organic Revenues (Non-GAAP) Grew 9% Operating Income Declined 23%; Comparable Currency Neutral Operating Income (Non-GAAP) Grew 14% Operating Margin Was 21.2% Versus 27.4% in the Prior Year; Comparable Operating Margin (Non-GAAP) Was 30.7% Versus 29.7% in the Prior Year EPS Declined 7% to $0.66; Comparable EPS (Non-GAAP) Grew 5% to $0.77 The Coca-Cola Company today reported third quarter 2024 results. "Our business continues to demonstrate resilience in the face of a dynamic external environment," said James Quincey, Chairman and CEO of The Coca-Cola Company. "We are encouraged by our year-to-date performance and our system'

Board Also Declares Regular Quarterly Dividend The Coca-Cola Company today announced that Bela Bajaria, Chief Content Officer for Netflix Inc., has been elected as a director. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241017466304/en/Bela Bajaria (Photo: Business Wire) Bajaria's election is effective immediately and brings the Coca-Cola board to 12 directors. As Chief Content Officer, Bajaria oversees all television and film for Netflix in all languages. She manages a content budget of about $17 billion annually and reports to co-CEO Ted Sarandos. She sits on the company's leadership team. "Bela brings a wealth of experie

The Coca-Cola Company today announced it will release third quarter 2024 financial results Oct. 23 before the New York Stock Exchange opens. The release will be followed by an investor conference call at 8:30 a.m. ET to discuss the results. The company invites investors to join a webcast at www.cocacolacompany.com/investors. Downloadable files, as well as a transcript, will be available within 24 hours after the call on the company's website. About The Coca-Cola Company The Coca-Cola Company (NYSE:KO) is a total beverage company with products sold in more than 200 countries and territories. Our company's purpose is to refresh the world and make a difference. We sell multiple billion-doll

The Board of Directors of The Coca-Cola Company today announced the election of a new corporate officer, along with declaring the company's regular quarterly dividend. Carlos Pagoaga has been elected as a vice president of the company. Pagoaga serves as Vice President of Global Community Affairs and President of The Coca-Cola Foundation. Pagoaga's new role with Global Community Affairs and the Foundation was announced in May, and he began his duties June 1. Pagoaga manages all Foundation operations, which includes grant making; financial requirements; and regulatory compliance for domestic and international philanthropy. He previously served as the Foundation's Senior Director, circ

Global Unit Case Volume Grew 2% Net Revenues Grew 3%; Organic Revenues (Non-GAAP) Grew 15% Operating Income Grew 10%; Comparable Currency Neutral Operating Income (Non-GAAP) Grew 18% Operating Margin Was 21.3% Versus 20.1% in the Prior Year; Comparable Operating Margin (Non-GAAP) Was 32.8% Versus 31.6% in the Prior Year EPS Declined 5% to $0.56; Comparable EPS (Non-GAAP) Grew 7% to $0.84 The Coca-Cola Company today reported second quarter 2024 results that demonstrate continued momentum in an industry with many growth opportunities. "We are encouraged with our second quarter results, which delivered solid topline and operating income growth in an ever-changing landscape," said Jam

The Coca-Cola Company today announced it will release second quarter 2024 financial results July 23 before the New York Stock Exchange opens. The release will be followed by an investor conference call at 8:30 a.m. ET to discuss the results. The company invites investors to join a webcast at www.cocacolacompany.com/investors. Downloadable files, as well as a transcript, will be available within 24 hours after the call on the company's website. About The Coca-Cola Company The Coca-Cola Company (NYSE:KO) is a total beverage company with products sold in more than 200 countries and territories. Our company's purpose is to refresh the world and make a difference. We sell multiple billion-

The Board of Directors of The Coca-Cola Company today announced the election of corporate officers, along with declaring the company's regular quarterly dividend. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240502638667/en/Brenda Hofmann (Photo: Business Wire) Brenda Hofmann was elected senior vice president and chief of internal audit, effective Aug. 1. She succeeds Barry Ballow, who is retiring July 31 after a 34-year career with the Coca-Cola system. Most recently, Hofmann has served as vice president and deputy chief of internal audit. Prior to this role, she was head of strategy, communications and operations for Plat

Global Unit Case Volume Grew 1% Net Revenues Grew 3%; Organic Revenues (Non-GAAP) Grew 11% Operating Income Declined 36%; Comparable Currency Neutral Operating Income (Non-GAAP) Grew 13% Operating Margin Was 18.9% Versus 30.7% in the Prior Year; Comparable Operating Margin (Non-GAAP) Was 32.4% Versus 31.8% in the Prior Year EPS Grew 3% to $0.74; Comparable EPS (Non-GAAP) Grew 7% to $0.72 The Coca-Cola Company today reported first quarter 2024 results. "We're encouraged by our start to 2024, delivering another quarter of volume, topline and earnings growth amidst a dynamic backdrop," said James Quincey, Chairman and CEO of The Coca-Cola Company. "We believe our global system is pri

The Coca-Cola Company today announced it will release first quarter 2024 financial results April 30 before the New York Stock Exchange opens. The release will be followed by an investor conference call at 8:30 a.m. ET to discuss the results. The company invites investors to join a webcast at www.cocacolacompany.com/investors. Downloadable files, as well as a transcript, will be available within 24 hours after the call on the company's website. About The Coca-Cola Company The Coca-Cola Company (NYSE:KO) is a total beverage company with products sold in more than 200 countries and territories. Our company's purpose is to refresh the world and make a difference. We sell multiple billion-

The Board of Directors of The Coca-Cola Company today approved the company's 62nd consecutive annual dividend increase, raising the quarterly dividend approximately 5.4% from 46 cents to 48.5 cents per common share. The quarterly dividend is equivalent to an annual dividend of $1.94 per share, up from $1.84 per share in 2023. The first quarter dividend is payable April 1 to shareowners of record as of March 15. The company returned $8 billion in dividends to shareowners in 2023, bringing the total amount of dividends paid to shareowners since Jan. 1, 2010, to $84.7 billion. About The Coca-Cola Company The Coca-Cola Company (NYSE:KO) is a total beverage company with products sold in

Truist Securities analyst Bill Chappell maintains Coca-Cola (NYSE:KO) with a Buy and raises the price target from $65 to $70.

Citigroup analyst Filippo Falorni maintains Coca-Cola (NYSE:KO) with a Buy and raises the price target from $72 to $75.

On Tuesday, Coca-Cola Company (NYSE:KO) reported second-quarter FY24 sales growth of 3% year-on-year to $12.4 billion, beating the analyst consensus estimate of $11.753 billion. Below are comments from analysts along with current ratings and price targets. BofA Securities – Reiterates Buy, $70 price target Analyst Bryan D. Spillane said that despite a challenging fundamental consumer staples backdrop, underlying results for the quarter and 1H24 are at the top end of the plan, driven by balanced sales growth. The analyst sees the second quarter as a textbook quarter for how Coke’s operating model is capable of weathering macroeconomic uncertainties on multiple fronts.  Risks li

RBC Capital analyst Nik Modi maintains Coca-Cola (NYSE:KO) with a Outperform and raises the price target from $65 to $68.

Deutsche Bank analyst Steve Powers maintains Coca-Cola (NYSE:KO) with a Hold and raises the price target from $64 to $65.

Wells Fargo analyst Chris Carey maintains Coca-Cola (NYSE:KO) with a Overweight and raises the price target from $70 to $73.

The CNN Money Fear and Greed index showed a decline in the overall market sentiment, with the index moving to the “Neutral” zone on Tuesday. U.S. stocks closed slightly lower on Tuesday, ahead of earnings reports from big technology companies. Coca-Cola Company (NYSE:KO) reported better-than-expected second-quarter results and raised its guidance. GE Aerospace (NYSE:GE) reported upbeat second-quarter earnings and raised its FY24 outlook. General Motors Company (NYSE:GM) reported better-than-expected second-quarter earnings and raised its guidance. After the closing bell, Tesla Inc. (NASDAQ:TSLA) reported weaker-than-expected earnings for its second quarter, while sales topped estima

To gain an edge, this is what you need to know today. Speculative Sentiment Note the following: This article is about the big picture, not an individual stock.  The chart of TSLA stock is being used to illustrate the point. Speculative sentiment is one of the major drivers of the stock market. Right now, speculative sentiment is in the very high zone. The battle of humanoid robots and robotaxis vs. electric vehicles is ahead. The result of the battle will significantly add to or take away from the speculative sentiment. The chart shows TSLA stock ran up on gamma squeeze.  Gamma squeeze is an important Wall Street mechanic.  Investors can gain a big edge by learning about W

U.S. stocks traded slightly higher toward the end of trading, with the Dow Jones gaining by more than 50 points on Tuesday. The Dow traded up 0.17% to 40,483.92 while the NASDAQ rose 0.20% to 18,043.64. The S&P 500 also rose, gaining, 0.14% to 5,572.07. Check This Out: How To Earn $500 A Month From Alphabet Stock Ahead Of Q2 Earnings Report Leading and Lagging SectorsConsumer discretionary shares jumped by 0.5% on Tuesday. In trading on Tuesday, energy shares fell by 1.4%. Top Headline Coca-Cola Company (NYSE:KO) reported better-than-expected second-quarter results and raised its guidance. The company reported second-quarter FY24 sales growth of 3% year-on-year to $12.4

Goldman Sachs analyst Bonnie Herzog reiterated a Neutral rating on the shares of Coca-Cola Company (NYSE:KO) with a price target of $60.00. KO delivered an impressive second-quarter top line beat, which coupled with strong gross margin expansion led to an EPS beat at $0.84, opined the analyst. The analyst was caught surprised with the magnitude of the earnings beat yet again. The top-line beat was driven by strong price/mix growth of +9% y/y – ahead of the analyst's estimate, which continues to reflect KO's strong pricing power and impressive revenue growth management capabilities.  Despite some lingering cost pressures and inflation, gross margins expanded ~200bps y/y to 61.4%,