Coca-Cola is gearing up to hit the higher end of its sales forecast for 2024, thanks to an unwavering demand for its soda products in the United States. The beverage giant recently reported stronger-than-expected third-quarter sales, highlighting the effectiveness of its strategic pricing and marketing measures, which have maintained consumer loyalty despite inflationary challenges. Resilient […]
In a year marked by challenges and dynamic global market conditions, The Coca-Cola Company today announced its fourth-quarter and full-year results for 2023, reflecting a strong testament to its resilience and strategic agility. Under the leadership of Chairman and CEO James Quincey, the company has navigated the complexities of the global landscape to deliver commendable […]
The Coca-Cola Company and Pernod Ricard have forged a groundbreaking global relationship, revealing the inception of ‘Absolut & Sprite’ as a ready-to-drink cocktail. Set to make waves in 2024, this blend merges the renowned international premium vodka, Absolut, with Sprite, the globally-acclaimed lemon-lime sparkling soft drink. European Launch and Variants The innovative cocktail will be […]
The Coca-Cola Company has reported a strong performance for Q2 2023, indicating sustained momentum in a fluctuating operating landscape. The net revenues witnessed a 6% growth, reaching $12.0 billion, while the organic revenues (non-GAAP) grew by 11%. The revenue growth was bolstered by a 10% increase in price/mix and a 1% growth in concentrate sales, […]
Coca-Cola Q2 2022 results : The Coca-Cola Company has reported a net income of $1.9 billion in the second quarter of 2022, a decrease of 27%, compared to $2.62 billion in the same quarter of the previous year. The diluted net income per share of the American soft drinks giant was $0.44 in the reported […]
Coca-Cola acquisition of Costa : Soft drinks giant Coca-Cola has agreed to acquire coffee shop chain Costa from British multinational hotel, coffee shop and restaurant company Whitbread for $5.1 billion (£3.9 billion). Coca-Cola acquisition of Costa is expected to give a solid coffee platform for the soft drinks company in parts of Europe, the Middle […]