NYSE:KO

Carlos Pagoaga to be Named President of The Coca-Cola Foundation

Retrieved on: 
Wednesday, May 8, 2024
Food, Beverage, Retail, The Coca-Cola Company, The Nature Conservancy, Sustainability, Trust, Public land, Trust for Public Land, Commerce, Coca-Cola, Multimedia, Marketing, MBA, Georgia State University, Management

The Coca-Cola Company today announced that Carlos Pagoaga, a 34-year veteran of the company, will be named Vice President of Global Community Affairs for The Coca-Cola Company and President of The Coca-Cola Foundation.

Key Points: 
  • The Coca-Cola Company today announced that Carlos Pagoaga, a 34-year veteran of the company, will be named Vice President of Global Community Affairs for The Coca-Cola Company and President of The Coca-Cola Foundation.
  • Madsbjerg has served as head of the Foundation for three years and is stepping down to pursue other professional opportunities.
  • Pagoaga currently serves as the Foundation’s Senior Director, circular economy, where he is responsible for directing global recycling initiatives.
  • “Carlos will build on the great progress Saadia has made in shaping the strategic direction of the Foundation for the future.

The Coca-Cola Company Announces Election of Corporate Officers and Declares Regular Quarterly Dividend

Retrieved on: 
Thursday, May 2, 2024
Packaging, Retail, Restaurant, Bar, Other Retail, Manufacturing, Other Manufacturing, Food, Beverage, Financial management, Supply, University, LLP, Certification, Economics, Hillsdale College, Columbia University, Research, The Coca-Cola Company, CPA, Toronto Metropolitan University, Ford Motor Company, IMD, Institute of Management Accountants, PwC, Coca-Cola, Multimedia, BP, MBA, Ernst & Young, Honeywell, Strategic planning, Management

The Board of Directors of The Coca-Cola Company today announced the election of corporate officers, along with declaring the company’s regular quarterly dividend.

Key Points: 
  • The Board of Directors of The Coca-Cola Company today announced the election of corporate officers, along with declaring the company’s regular quarterly dividend.
  • View the full release here: https://www.businesswire.com/news/home/20240502638667/en/
    Brenda Hofmann was elected senior vice president and chief of internal audit, effective Aug. 1.
  • She went on to hold numerous roles in finance, procurement and general management, including investor relations, strategic planning and commercial finance.
  • The company today declared a regular quarterly dividend of 48.5 cents per common share, payable July 1 to shareowners of record of the company as of the close of business June 14.

Coca-Cola Reports First Quarter 2024 Results and Provides Updated Guidance

Retrieved on: 
Tuesday, April 30, 2024
Packaging, Retail, Restaurant, Bar, Other Retail, Manufacturing, Other Manufacturing, Food, Beverage, Coffee, Coca-Cola Zero Sugar, Sport, IRS, Growth, Water, Fairlife, Public expenditure, Comparable, Tea, Acquisition, EPS, Coca-Cola, Marketing, Juice, Drink, GAAP, Soft drink

In addition to the data in the preceding tables, operating results included the following:

Key Points: 
  • In addition to the data in the preceding tables, operating results included the following:
    Unit case volume grew 1%.
  • The unavailable information could have a significant impact on the company’s full-year 2024 reported financial results.
  • First quarter 2024 financial results were impacted by one less day as compared to first quarter 2023, and fourth quarter 2024 financial results will be impacted by two additional days as compared to fourth quarter 2023.
  • The company is hosting a conference call with investors and analysts to discuss first quarter operating results today, April 30, 2024, at 8:30 a.m.

The Coca-Cola Company Celebrates Everyday Greatness with Global Program in Advance of Olympic and Paralympic Games in Paris

Retrieved on: 
Wednesday, April 10, 2024
Environment, Olympics, Sports, Entertainment, Sustainability, Celebrity, Food, Beverage, Retail, Recycling, Paralympic Games, The Coca-Cola Company, Track cycling, Sport, Hydrogen, Tennis, Partnership, Carbon, Life, Magic, Track and field, Celebrate, Athlete, Coca-Cola, Multimedia, Drink, CJ Bott

The Coca-Cola Company, the longest-running partner of the Olympic Games, today unveiled “Celebrate Everyday Greatness,” its theme for Paris 2024 and its global roster of athletes for Team Coca-Cola.

Key Points: 
  • The Coca-Cola Company, the longest-running partner of the Olympic Games, today unveiled “Celebrate Everyday Greatness,” its theme for Paris 2024 and its global roster of athletes for Team Coca-Cola.
  • “The Olympic and Paralympic Games are a prime opportunity for The Coca-Cola Company and our extensive portfolio of products to connect with fans,” said Brad Ross, VP Global Sports & Entertainment Marketing and Partnerships.
  • They represent the latest generation of outstanding stories to continue the company’s nearly century-long partnership with the Olympic Games.
  • Additional activations, both online and on the ground, throughout Paris 2024 will unite consumers in celebrating the magic of the Olympic and Paralympic Games.

Fanta Says, 'Do More of What You Wanta' With New Global Campaign

Retrieved on: 
Thursday, April 25, 2024
VML, The Coca-Cola Company, Walking, Anthem, Marketing, Majority, Gen, BCW, Drinking, Soft drink

ATLANTA, April 25, 2024 /PRNewswire/ -- The 2000s called, and they want to know: Don't ya Wanta, Wanta Fanta? Fanta®, the leading sparkling fruit beverage brand known for deliciously refreshing flavors, is introducing a reprise of one of its most iconic global platforms 'Wanta Fanta,' aiming to nudge fans to do more of what they want amid the constant hustle and daily pressure to do what they need. 

Key Points: 
  • ATLANTA, April 25, 2024 /PRNewswire/ -- The 2000s called, and they want to know: Don't ya Wanta, Wanta Fanta?
  • The new campaign also brings back the iconic 'Wanta Fanta' anthem.
  • Capturing the most common needs in a fan's life and positioning Fanta as the champion for daily little wants.
  • Fanta will also enlist a mix of TikTok creators to share engaging content inspired by and celebrating the new Wanta Fanta tune.

The Coca-Cola Company and Microsoft announce five-year strategic partnership to accelerate cloud and generative AI initiatives

Retrieved on: 
Tuesday, April 23, 2024
Cloud, The Coca-Cola Company, Partnership, First officer (aviation), Microsoft, Coca-Cola, Azure, Marketing, Microsoft Dynamics 365, Microsoft Power BI, Security (finance)

As part of the partnership, Coca-Cola has made a $1.1 billion commitment to the Microsoft Cloud and its generative AI capabilities.

Key Points: 
  • As part of the partnership, Coca-Cola has made a $1.1 billion commitment to the Microsoft Cloud and its generative AI capabilities.
  • The collaboration underscores Coca-Cola's ongoing technology transformation, underpinned by the Microsoft Cloud as Coca-Cola's globally preferred and strategic cloud and AI platform.
  • Through the partnership, the companies will jointly experiment with groundbreaking new technology like Azure OpenAI Service to develop innovative generative AI use cases across various business functions.
  • "Our partnership with Microsoft has grown exponentially, from the $250 million agreement we initially announced in 2020 to $1.1 billion today."

Sprite Reimagines the Legendary Obey Your Thirst Campaign with Modern Icons Anthony Edwards and Sha'Carri Richardson

Retrieved on: 
Thursday, April 18, 2024
Sport, NBA, Life, Growth, Female, Generation Z, Minnesota Timberwolves, Music, Athlete, Individual

ATLANTA, April 18, 2024 /PRNewswire/ -- Sprite is reintroducing its iconic Obey Your Thirst campaign to the next generation of drinkers, with inspired new TV spots featuring two of today's hottest athletes and exciting activations across limited time packaging, digital experiences and sports partnerships.

Key Points: 
  • First launched in 1994, Sprite's original Obey Your Thirst campaign pushed boundaries by championing authenticity – and its consumers – in a way other brands didn't.
  • Sprite will introduce limited-edition packaging that features four unique Obey Your Thirst designs, including an on-pack experience created to inspire Sprite drinkers everywhere.
  • "Obey Days" will include weekly content releases, including content from Anthony Edwards, Sha'Carri Richardson, and more, with fans able to unlock exclusive access and rewards.
  • For more details on the new Obey Your Thirst campaign, visit Sprite.com and follow the brand on Instagram , Facebook , X (Twitter) and YouTube .

The Coca-Cola Company Announces Timing of First Quarter 2024 Earnings Release

Retrieved on: 
Thursday, March 28, 2024
Food, Beverage, Retail, The Coca-Cola Company, Webcast

The Coca-Cola Company today announced it will release first quarter 2024 financial results April 30 before the New York Stock Exchange opens.

Key Points: 
  • The Coca-Cola Company today announced it will release first quarter 2024 financial results April 30 before the New York Stock Exchange opens.
  • The release will be followed by an investor conference call at 8:30 a.m.
  • The company invites investors to join a webcast at www.cocacolacompany.com/investors .
  • Downloadable files, as well as a transcript, will be available within 24 hours after the call on the company’s website.

The Coca-Cola Company Announces Participation in UBS Global Consumer and Retail Conference

Retrieved on: 
Wednesday, February 21, 2024
Retail, Specialty, Other Retail, Food, Beverage, The Coca-Cola Company, Webcast, Conference

The Coca-Cola Company announced today that Jennifer Mann, executive vice president and president of the North America operating unit, will speak at the UBS Global Consumer and Retail Conference in New York on March 14 at 8 a.m.

Key Points: 
  • The Coca-Cola Company announced today that Jennifer Mann, executive vice president and president of the North America operating unit, will speak at the UBS Global Consumer and Retail Conference in New York on March 14 at 8 a.m.
  • ET.
  • The company invites investors to join a webcast at coca-colacompany.com/investors .
  • A downloadable file and transcript will be available within 24 hours after the event on the company’s website.

Board of Directors of The Coca-Cola Company Approves 62nd Consecutive Annual Dividend Increase

Retrieved on: 
Thursday, February 15, 2024
Food, Beverage, Retail, The Coca-Cola Company, Holding company

The Board of Directors of The Coca-Cola Company today approved the company’s 62nd consecutive annual dividend increase, raising the quarterly dividend approximately 5.4% from 46 cents to 48.5 cents per common share.

Key Points: 
  • The Board of Directors of The Coca-Cola Company today approved the company’s 62nd consecutive annual dividend increase, raising the quarterly dividend approximately 5.4% from 46 cents to 48.5 cents per common share.
  • The quarterly dividend is equivalent to an annual dividend of $1.94 per share, up from $1.84 per share in 2023.
  • The first quarter dividend is payable April 1 to shareowners of record as of March 15.
  • The company returned $8 billion in dividends to shareowners in 2023, bringing the total amount of dividends paid to shareowners since Jan. 1, 2010, to $84.7 billion.