|Bid||114.66 x 500|
|Ask||114.69 x 100|
|Day's Range||114.40 - 115.11|
|52 Week Range||98.50 - 119.39|
|PE Ratio (TTM)||24.27|
|Dividend & Yield||3.22 (2.80%)|
|1y Target Est||N/A|
A U.S. appeals court on Tuesday sided with the beverage industry, granting a preliminary injunction to block a San Francisco ordinance mandating health warnings for soda. A three-judge panel from the 9th U.S. Circuit Court of Appeals ruled that the plaintiffs, including the American Beverage Association and the California Retailers Association, were likely to succeed with their claim that the ordinance was unjustified and violated commercial speech under the First Amendment. The panel said the lower court was wrong in denying the plaintiffs' motion for a preliminary injunction, granting the injunction and sending it back to the lower court.
Because Gatorade, Powerade and the like don't actually taste that great.
In 2016, sparkling beverages accounted for 72% of Coca-Cola's worldwide unit case volume, while still beverages accounted for the remaining 28%.