|Bid||57.51 x 800|
|Ask||57.68 x 900|
|Day's Range||57.46 - 57.87|
|52 Week Range||44.42 - 57.87|
|Beta (5Y Monthly)||0.42|
|PE Ratio (TTM)||31.85|
|Earnings Date||Jan 29, 2020|
|Forward Dividend & Yield||1.60 (2.77%)|
|Ex-Dividend Date||Nov 28, 2019|
|1y Target Est||59.48|
Coca-Cola is out with new Powerade options, including Powerade Power Water and Powerade Ultra water, for the first time in a decade. Shane Grant, Coca-Cola North America President of Stills, joins Yahoo Finance's On The Move to discuss.
A Polk County citrus processor is cultivating a new partnership with Coca-Cola that has spurred major expansion plans. Peace River Citrus Products Inc. will launch a $98 million expansion of its Polk County citrus processing facility and a new 10-year agreement with Coca-Cola North America, which will manufacture juice beverages for Minute Maid at the new facility, Florida Agriculture Commissioner Nikki Fried announced Friday.
“When completed, this tool will provide not just researchers, but communities themselves, with innovative methods for preserving and exploring history,” said Tech's Brad Rittenhouse.
Coke (KO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Procter & Gamble's (PG) bottom line beats estimates in second-quarter fiscal 2020, while sales miss. Adjusted free cash flow productivity increases to 100%.
Molson Coors (TAP) announces the acquisition of Detroit-based Atwater Brewery. The company's objective is to ensure that beer is relished by customers across the markets.
Diageo's (DEO) acquisition and expansion efforts as well as operating margin growth are likely to aid results in the first half of fiscal 2020.
Bea Perez, chief sustainability officer for the Atlanta-based global beverage maker, spoke to the BBC at the World Economic Forum in Davos.
Consumers want variety in all aspects of their life including what they consume, Quincey said Wednesday. Coca-Cola recognizes this and needs to become a global franchise with a broad spectrum of drinks. One of the more recent changes to the portfolio is a revamp of Coke Zero Sugar so it better resembles the classic Coca-Cola flavor.
Speaking to CNBC from the World Economic Forum in Davos, Switzerland, James Quincey touched on a variety of topics, including Coca-Cola's mission to reduce its reliance on single-use plastics.
Coca-Cola's (KO) fourth-quarter 2019 results are likely to reflect benefits from its innovation efforts, product investments, strength across regions, and robust price/mix and volume.
(Bloomberg Opinion) -- The Fever-Tree gin and tonic has lost its fizz.Fevertree Drinks Plc on Monday warned on profits, sending its shares down as much as 26%. The pioneer in high-end cocktail mixers said sales expanded by just 10% last year and earnings fell 5% compared with 2018. That’s a stark contrast to previous statements from the maker of Sicilian lemon tonic water and spiced orange ginger ale, which usually upgraded expectations.Part of the reason for the warning — slow sales in supermarkets — looks plausible. Britain’s grocers endured a sluggish Christmas and New Year’s trading period. The Boris bounce that was supposed to have Brits lifting the glasses after a decisive December election didn’t materialize. What’s more worrying is that the market for bars and clubs suffered over the holidays, too. That’s a concern given that the broader sector for eating and drinking out had a solid Christmas, according to industry data from the Coffer Peach Business Tracker.There was also unwelcome news out of the U.S., where Chief Executive Officer Tim Warrillow said the company is cutting its prices, from those prevalent at the very top end of the drinks market to merely premium. Consequently, Fevertree is forecasting sales expansion there by a percentage in the low double digits this year, compared with 33% in 2019. Not only is this mysterious — surely Fevertree’s issue was building brand awareness not pricing — but it is a concern for investors, as demand on the other side of the Atlantic was supposed to pick up as the U.K. matured.Fevertree signaled that U.K. growth could accelerate later this year, particularly in comparison with such a difficult 2019. But that looks optimistic. Not only do consumers show no signs of loosening the purse strings, but the danger is that their appetites may have shifted permanently away from the gin and tonics that had them reaching for Fevertree mixers.The U.S. is expected to expand more quickly after 2020, but this is not guaranteed, and it’s some way off anyway. And in the meantime Fevertree is facing competition from all sides from small niche players to big beverage companies such as Coca-Cola Co. For now at least, investors can’t count on this market for the next leg of growth. With Monday’s lurch downwards, Fevertree shares have lost more than 60% of their value compared with their peak in September 2018. And despite Fevertree’s optimism, it’s hard to see a quick bounce back from here. When high flyers lose their momentum, it can be difficult to recapture: Just look at online retailer Asos Plc, which has struggled to recover from a profit warning in December 2018.The only silver lining is that with Fevertree’s historic premium to rivals slashed, it could encourage a big beverage or consumer goods company to slot it into their portfolios. But, like investors, they may want to see evidence that the company is stabilizing. After all, its attraction was fast growth, and while 10% revenue expansion is still much better than what’s currently to be had in consumer goods or food retail, it’s not at the levels Fevertree enjoyed over the past few years.It’s clearly not yet the time to say cheers.To contact the author of this story: Andrea Felsted at firstname.lastname@example.orgTo contact the editor responsible for this story: Melissa Pozsgay at email@example.comThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Coca-Cola Consolidated, Inc. New York, January 17, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Coca-Cola Consolidated, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Coca-Cola (KO) launches Powerade Ultra and Powerade Power Water under Powerade Sports drink category. This is likely to aid the company's sales.
Coca-Cola says it will spend $11 million on the de-pollution of nine rivers across multiple continents.
Coca-Cola Co. said Thursday its Powerade brand is adding two new zero-sugar products to its sports-drink lineup, the first expansion of the Powerade portfolio in over a decade. With new packaging, inspired by the Powerade ION4 Advanced Electrolyte System, Powerade Ultra will be rolled out in late-January, which includes creatine, branched-chain amino acids, vitamins B3, B6 and B12 and 50+% more ION4 electrolytes than original Powerade drinks. In mid-February, Powerade Power Water will be introduced. Powerade Ultra will be available in Mixed Berry, White Cherry and Citrus Blast flavors, while Powerade Power Water will come in Berry Cherry, Tropical Mango and Cucumber Lime flavors. Coca-Cola said Powerade Ultra will be the first ready-to-drink sports beverage to include shelf-stabilized creatine. "This technology is new to The Coca-Cola Company," said Nilesh Karava, senior manager, active hydration product development. "Other beverage companies have been trying to crack the code on creatine shelf-stabilization for years, so this work is a clear demonstration of our team's agility and curiosity." Coke's stock, which rose 0.2% in premarket trading, has climbed 20.8% over the past 12 months through Wednesday, while the Dow Jones Industrial Average has gained 19.9%.
Coca-Cola is adding two new zero-sugar products to its Powerade roster, the first additions to its sports drink category in more than a decade.