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Coca-Cola Co (KO)

KO on New York Consolidated

45.76USD
22 Nov 2017
Change (% chg)

$-0.01 (-0.03%)
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$45.78
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$45.89
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$45.54
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$47.48
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Latest Key Developments (Source: Significant Developments)

Coca-Cola CEO on CNBC says "never say never" on getting into booze, but it "doesn't make sense" right now
Thursday, 16 Nov 2017 10:19am EST 

Nov 16 (Reuters) - :Coca-Cola CEO on CNBC says "never say never" on getting into booze, but it "doesn't make sense" right now‍​.  Full Article

Coca-Cola reaffirms guidance and updates long-term growth targets
Thursday, 16 Nov 2017 06:55am EST 

Nov 16 (Reuters) - Coca-Cola Co :Coca-Cola hosts investor day: company reaffirms guidance and updates long-term growth targets.Coca-Cola Co - set a target for comparable currency neutral operating margin (non-gaap) of at least 35 percent by 2020​.Coca-Cola Co - ‍company is also providing a near-term expectation for 2018 capital expenditures of $1.9 billion​.Coca-Cola Co sees ‍a long-term expectation for capital expenditures of 4.5 to 5 percent of net revenues​.Coca-Cola Co - also reiterating long-term target of mid single-digit non-GAAP organic revenue growth.Coca-Cola Co - also reiterating long-term target of high single-digit comparable currency neutral eps growth (non-gaap).Coca-Cola Co - ‍now targeting long-term comparable currency neutral operating income growth (non-gaap) of 6 to 8 percent​.Coca-Cola Co - ‍introducing a new long-term target of 95 to 100 percent for adjusted free cash flow conversion ratio (non-GAAP)​.  Full Article

Liberty Coca-Cola Beverages acquires territory from Coca-Cola across New York Tri-State Metro Area
Monday, 30 Oct 2017 06:00am EDT 

Oct 30 (Reuters) - Liberty Coca-Cola Beverages Llc-:Liberty Coca-Cola Beverages acquires local bottling operations in Tri-State Metropolitan Area.Liberty Coca-Cola Beverages says has closed its deal to acquire territory from Coca-Cola Company across New York Tri-State Metro Area​.Liberty Coca-Cola Beverages Llc says financial terms of Liberty Coca-Cola Beverages, Llc agreement are not being disclosed​.  Full Article

Coca-Cola on conf call- US refranchising expected to be completed in coming weeks‍​
Wednesday, 25 Oct 2017 01:42pm EDT 

Oct 25 (Reuters) - Coca-Cola :On conf call- US refranchising will be complete when tri-state operating unit and west operating unit transactions close, which is expected in coming weeks‍​.On conf call- q3 benefited from improvements in certain large emerging markets like india.Still facing difficult conditions in certain markets, notably in latin america, some indications of light at end of the tunnel in brazil.We're looking at opportunities in growing premium segments such as adult craft beverages.Coke zero sugar is cannibalizing at times either coke light or coke original but lifting the whole franchise.Going to continue to invest in tea, in coffee launch of our own brands and partnership brands have gone successfully.  Full Article

Coca-Cola Co reports Q3 non-GAAP EPS of $0.50
Wednesday, 25 Oct 2017 06:55am EDT 

Oct 25 (Reuters) - Coca-Cola Co :The Coca-Cola Company reports solid operating results in third quarter 2017.Q3 non-GAAP earnings per share $0.50.Q3 earnings per share $0.33.Q3 earnings per share view $0.49 -- Thomson Reuters I/B/E/S.Q3 revenue $9.1 billion versus I/B/E/S view $8.72 billion.Coca-Cola Co - ‍full year outlook reaffirmed for organic revenues and comparable EPS (both non-GAAP)​.Coca-Cola Co - qtrly ‍organic revenues (non-GAAP) grew 4%, driven by price/mix of 3%​.Coca-Cola Co qtrly ‍total unit case volume was even​.Coca-Cola Co qtrly sparkling soft drinks unit case volume was flat​.Coca-Cola Co - ‍ "remains on track to reformulate more than 500 products this year"​.Coca-Cola Co - sees 2017 ‍net capital expenditures about $2.0 billion​.Coca-Cola Co - ‍sees currency impact on 2017 comparable net revenues of 1% headwind, based on current rates and including impact of hedged positions​.Coca-Cola- ‍‍sees currency impact on 2017 comparable income before income taxes of 1% headwind.Coca-Cola Co - ‍company expects to complete refranchising of Coca-Cola refreshments in United States within coming weeks​.Coca-Cola Co - ‍coca-Cola zero sugar "continued to perform well", growing unit case volume high single digits during quarter​.  Full Article

Coca-Cola sets regular quarterly dividend of $0.37/share
Thursday, 19 Oct 2017 01:17pm EDT 

Oct 19 (Reuters) - Coca-Cola Co ::Sets regular quarterly dividend of $0.37/share.  Full Article

Delivery Hero announces strategic partnership with Coca-Cola
Monday, 31 Jul 2017 06:17am EDT 

July 31 (Reuters) - DELIVERY HERO AG ::DELIVERY HERO ANNOUNCES STRATEGIC PARTNERSHIP WITH THE COCA-COLA COMPANY <<>>.  Full Article

Coca-Cola Zero sugar launches in U.S.
Wednesday, 26 Jul 2017 10:00am EDT 

July 26 (Reuters) - Coca-Cola Co ::Coca-Cola Zero sugar launches in U.S. with new and improved real Coca-Cola taste.  Full Article

Coca-Cola Q2 earnings per share $0.32
Wednesday, 26 Jul 2017 07:23am EDT 

July 26 (Reuters) - Coca-Cola Co :Coca-Cola Co reports second quarter 2017 results.Q2 earnings per share $0.32.Q2 revenue $9.7 billion versus I/B/E/S view $9.65 billion.Q2 non-GAAP earnings per share $0.59.Q2 earnings per share view $0.57 -- Thomson Reuters I/B/E/S.Coca-Cola Co - ‍full year underlying performance outlook remains unchanged​.Coca-Cola Co - qtrly ‍organic revenues (non-GAAP) grew 3%​.Qtrly total unit case volume was even.Coca-Cola Co - ‍full year comparable EPS (non-GAAP) target raised on "diminished currency headwinds"​.Coca-Cola Co - ‍plan to introduce Coca-Cola Zero Sugar to U.S. Market in August​.Coca-Cola co - sees ‍FY comparable EPS (non-GAAP) to be even to down 2% versus $1.91 in 2016​.Sees 1% to 2% headwind on 2017 comparable net revenues (non-GAAP) based on current rates and including impact of hedged positions.Coca-Cola CO - ‍remain on track with plan to introduce more than 500 new products this year​.Coca-Cola CO - sees ‍approximately 3% growth in organic revenues (non-gaap) for FY​.Coca-Cola CO - ‍during three months ended June 30, recorded charge of $653 million related to impairment of Coca-Cola refreshments assets​.Sees 19% to 20% headwind on Q3 comparable net revenues (non-GAAP) from acquisitions, divestitures, and structural items.Qtrly sparkling soft drinks unit case volume was flat‍​.Coca-Cola Co - ‍during three months ended June 30, also recorded charge of $87 million related to productivity and reinvestment initiatives​.  Full Article

Coca-Cola Co sets regular quarterly dividend of $0.37 per share
Thursday, 20 Jul 2017 02:07pm EDT 

July 20 (Reuters) - Coca-cola Co :Sets regular quarterly dividend of $0.37 per share.  Full Article

Heineken, Coke distributors start Brazil arbitration in February: Valor

SAO PAULO Heineken NV and Brazilian distributors for Coca-Cola Co will begin arbitration in February regarding a distribution contract that the Dutch brewer decided to end this year, according to a Friday report by newspaper Valor Economico.