Revenue growth will be key to turning Coke around. I have not done any research on this but my hypothesis is that Coke has been buying back shares which would cause EPS to increase while not affecting revenue.
Good point. I would like to see KO make a big play during this "health craze", rather than just creating their products sugar and calorie free.
I hope you are not serious about the fact that the company did not perform well due to the executive compensation plan.
If Buffet hadn't agreed to the outrageous compensation packages for KO execs, KO would be trading over $50. But Buffet didn't have the balls to vote NO! Our profits would be far greater if not for the greed of KO 's management. I say, let's oust the entire lot of board members and execs at our next annual meeting!
...it is a member of the ragweed family. It is a wonderful alternative to sugar, but be careful if you have a ragweed allergy.
along time , but growth isn't going to come from soda sales . It will have to come from product development or acquisitions . In my opinion , it would be smart to take a page out of PEP's playbook and get into the snack food business . With KO's distribution power and network , it could take a popular small brand food company and make it a worldwide phenomenon. Why is the snack food business so good? Because it's a relatively cheap food product that doesn't see a huge falloff in sales during bad economic times . Why KO has resisted going to snack foods has been puzzling.
Granted, I don't know a lot about this, but the report said that Coke missed revenue, but exceeded earnings. Now wouldn't the earnings be more critical as revenue only shows what was made, in contrast to earnings which exceeded expectations, therefore ultimately showed a profit? If this is true, why would there be a selloff?
look at the results, top line not strong. Fact is coke is not healthy and it makes you feel horrible after you drink it the rest of the world is going to figure this out too. Paying $2 for a bunch of unhealthy sugar and chemicals...no thanks!
You got that right. Make him the CEO of Coke India and get him out of here. Where the hell is Coke's largest shareholder on this? Glad I voted no on the executive compensation package. Coke needs someone who has vision not someone out to pick our pockets.
Got out yesterday at $42.41. Had a bad feeling about declining soda sales generally.
$37 to $37.50 is the probable buy back in range.
PS - If I didn't myself clear. Kent using your earnings from KO to buy back stock at high prices while at the same time diluting your ownership interest in the company by issuing himself and his old fuddy buddies lots of stock options at your expense (with a company that could run itself). Just wanted to make sure you got that.
Before 2010 KO had hardly any debt. Sick of this management. I sold a chunk from the 30s off today. Stock options will make sure this doesn't go up too much. Not happy with management's dilution of my holdings.