Coca-Cola Financial News

Coca-Cola can that was dissolved using drain cleaner. The video shared on the social media platform went viral in just two weeks.

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Coca-Cola Co's global chairman and chief executive officer, James Quincey, will head a 220-member company leadership team on a potentially big-impact visit to India this week, executives aware of the plans told ET, pointing to New Delhi's rapidly ascending importance for the Atlanta-based beverage firm that is striving to drive sales in mature markets such as the US and Europe. India, the world's most populous and youngest country, is a top-five volume growth priority market for the maker of Coke and Sprite aerated drinks, Minute Maid juice and Kinley bottled water. «The executives are keen on meeting the government brass,» said one of the executives cited above. «They will also be engaging with bottling partners that now operate close to half of Coca-Cola's bottling business in India — and are crucial since they will infuse capital into the business.»

Nvidia’s stock price jumped 16% on Thursday, increasing the company's market value by a staggering $273 billion in just one day, a record amount

Investing.com — Here is your Pro Recap of the earnings reports you may have missed this week: Coinbase, Airbnb, Coca-Cola, Cisco Systems, and Biogen.

sugary foods and beverages, and consumer resistance was boosted by a World Health Organization (WHO) report last year which said sweeteners such as aspartame could be «possibly carcinogenic, can increase risk of type 2 diabetes and cardiovascular diseases and do not help in weight loss». Sugar Free sweetener maker Zydus Wellness reported a 3% year-on-year sales decline to ₹400.10 crore in the December 2023 quarter. The company's food and nutrition segment declined 5% year-on-year due to continued external headwinds in the artificial sweetener portfolio and the WHO report on non-nutritive sweeteners, ICICI Securities wrote in a report last week. Executives said safety concerns about artificial sweeteners, especially aspartame, persist across categories.

Coca-Cola reported higher-than-expected revenue in the fourth quarter as growth in Mexico, Germany and other markets offset lower sales in the U.S. The Atlanta-based beverage giant said Tuesday its revenue rose 7% to $10.8 billion for the October-Decem...

Coca-Cola Company on Tuesday said its beverage volume growth in 2023 in the developing and emerging market was led by India and Brazil. The India business «experienced a robust growth in 2023», said James Quincey, Chairman and CEO of the Coca-Cola Company during the earnings call on Tuesday. The company's net revenue for the December quarter grew 7% to USD 10.8 billion, and organic revenues (non-GAAP) grew 12%. For 2023, net revenues grew 6% to USD 45.8 billion.

(Updated — February 13, 2024 11:19 AM EST)

Investing.com — Coca-Cola (NYSE:KO) has said it expects to deliver full-year adjusted organic revenue growth of 6% to 7%, just ahead of Bloomberg consensus predictions of 5.9% but slower than the pace registered in 2023, signalling a waning benefit from a recent surge in prices.

Investing.com — U.S. stock futures were marginally lower as investors took a cautious stance ahead of the publication of the January inflation data.

Investing.com -- U.S. stock futures pointed to a lower open on Wall Street as investors await a much-anticipated January reading of U.S. inflation later Tuesday that could factor into how the Federal Reserve approaches future interest rate decisions. Elsewhere, Coca-Cola and Shopify are set to unveil their latest quarterly results, while the price of Bitcoin crests $50,000.

Plenty of retailers and suppliers are reducing the variety of their offerings to focus instead on what they think will sell best

consumer goods companies including Nestle, Dabur, Coca-Cola, Mondelez and Procter & Gamble have lined up big investments in India to step up capacity and push more premium products despite an ongoing slowdown in demand, particularly for mass products. Some of these firms are investing more than ever before as they are hopeful of a demand revival in the new fiscal. «We are investing 7-8% of our turnover on capex, which is much higher than it ever was,» Nestle chairman Suresh Narayanan said. «Despite stress points in demand, there's a wealth effect phenomenon that is taking place… Stock markets have been booming and those at upper middle class and middle class, they feel good about what they are buying,» he said. «Food inflation is hurting but we are hopeful that once inflation abates, things will be better,» Narayanan said. The maker of Maggi noodles and Nescafe coffee has committed investments of ₹6,500 crore into the India market till 2025, over a five-year window.

Investing.com — Here is your Pro Recap of the upcoming major earnings reports next week: Coca-Cola, Airbnb, Cisco Systems, and Coinbase.

Ayodhya has emerged as the new branding hotspot for India Inc with companies like Coca-Cola, Reliance, ITC, Dabur, Adani Wilmar, Emami, and Parle Products rushing to get the maximum visibility for their products to capitalise on an anticipated influx in devotees to the holy city. Shops and dhabas or roadside restaurants in the city as well as on highways connecting the major Uttar Pradesh cities of Lucknow, Gorakhpur and Varanasi with Ayodhya are witness to coolers, signboards and vending machines being set up by these firms sporting their branded products. In addition, parks, branded gates, changing rooms for devotees, activity zones, stalls, incense paths, and experience centres are also being opened, executives at these companies said. Coca-Cola said it has swapped its trademark red colour branding with brown colours to go with the "temple theme".

The International Olympic Committee has signed the first beer brand in the 40-year history of a sponsorship program that earns billions of dollars for the organization and international sports

Reliance Consumer Products-owned soft drink brand Campa will be one of the official central sponsors of all the Board of Control for Cricket in India (BCCI) series played in the country starting this year. The brand has signed a multi-year deal with the BCCI, a development that blocks out rivals Coca-Cola and PepsiCo for BCCI matches played in India, executives directly aware of the developments said. According to one of the executives, the deal will get Campa exclusive on-stadium presence, pouring rights and beverage partnership of all cricket matches played in the country within the tenure. This will be Campa's first big cricket sponsorship since the brand was relaunched by Reliance over a year back, and comes ahead of the summer season, which is expected to see a pitch battle between cola makers this year, after a rain-washed last summer season. The Campa deal with the BCCI will cover all cricket played in India and will also include the under-19 series and women's series, one of the executives said. The financials of the sponsorship could not be ascertained. A formal announcement by the BCCI is expected in the coming days. «Any such exclusive cricket sponsorship is a significant benefit for brands, given the reach and following cricket has in India.

Star Sports’ broadcast of IPL Auction 2024 which was held on December 19, has equalled the highest viewership for any ‘mini’ auction in BARC history. The live auction was watched by 22.8 million viewers, which is 29 per cent higher than last year.

The furniture retailer Malouf sells beds and bedding in a fraction of the colors it did a few years ago. Newell Brands, the Sharpie maker, has retired 50 types of Yankee Candle. Coca-Cola offers half as many drinks.