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Coca-Cola Reports Third Quarter 2020 Results
Coca-Cola Declared Regular Quarterly Dividend Of 41 Cents Per Common Share
Molson Coors Enters Exclusive Agreement With The Coca-Cola Company
The Coca-Cola Company is a beverage company. The Company owns or licenses and markets non-alcoholic beverage brands, primarily sparkling beverages and a range of still beverages, such as waters, flavored waters and enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, sports drinks, dairy and energy drinks. The Company's segments include Europe, Middle East and Africa; Latin America; North America; Asia Pacific; Bottling Investments, and Corporate. The Company owns and markets a range of non-alcoholic sparkling beverage brands, including Coca-Cola, Diet Coke, Fanta and Sprite. The Company owns or licenses and markets over 500 non-alcoholic beverage brands. The Company markets, manufactures and sells beverage concentrates, which are referred to as beverage bases, and syrups, including fountain syrups, and finished sparkling and still beverages.
1 Coca Cola Plz NW
James R. Quincey
Chairman of the Board, Chief Executive Officer
Brian J. Smith
President, Chief Operating Officer
Chief Financial Officer, Executive Vice President
President of the Latin America
President of the Europe
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Earlier this year, a flood of major U.S. companies pledged to address racial inequality and promote social justice after Minneapolis police killed George Floyd, a Black man, setting off protests across the country.
* Amatil shares close up 16.3%; CCEP up 8.5% (Adds analyst comment, background)
Coca-Cola Co beat revenue and profit expectations on Thursday as a partial reopening of theaters and restaurants boosted demand and helped the world's largest soda maker bounce back from a shattering second quarter.
Coca-Cola Co beat quarterly revenue expectations on Thursday as the world's largest soda maker benefited from the partial reopening of theaters and restaurants, which have remained shut for months due to the COVID-19 pandemic.
PepsiCo Inc will consider introducing alcoholic beverages, the company said on Thursday, days after rival Coca-Cola Co decided to launch an alcoholic sparkling water in the United States next year.
There will be more than just fizz when Coca-Cola Co launches the alcoholic version of its Topo Chico sparkling water along with beer giant Molson Coors Beverage Co in the United States. It will be the beverage giant's first alcoholic drink in the country.
Molson Coors Beverage Co said on Tuesday that it partnered with Coca-Cola Co to make and sell an alcoholic version of the beverage company's Topo Chico sparkling water in the United States.
Advertisers who boycotted social media are not all rushing back, despite an agreement by Facebook , YouTube and Twitter on how to curb harmful content online.
Martin Williams' great-grandfather founded their Coca-Cola distribution business in Corinth, Mississippi, in 1907, just a handful of years after Coke was first sold in bottles across the United States.
Costa Coffee, a unit of Coca-Cola Co , said on Thursday a plan to streamline its UK in-store structure in response to the coronavirus pandemic will put nearly 1,650 jobs at risk.
Coca-Cola Co on Friday joined a list of big U.S. companies laying off thousands of workers in response to the coronavirus crisis, offering voluntary deals across its businesses and promising to halve its number of operating units.
Coca-Cola Co said on Friday it would reduce its global workforce as part of a company-wide restructuring.
Soft drinks bottler Coca Cola HBC AG on Wednesday posted a drop in first-half profit due to coronavirus-led closures of restaurants, cinemas and other public places, while saying sales had recovered some momentum from April lows as lockdowns eased.
Coca-Cola Co said on Tuesday demand for its beverages was improving after reporting a 28% slump in sales in the "most challenging" quarter of the year due to coronavirus-led closures of restaurants, theaters and sports venues.
Coca-Cola Co reported a 28.5% drop in quarterly revenue on Tuesday as sales of its trademark sodas were battered by the closure of restaurants, theaters, and sporting venues due to the COVID-19 pandemic.
The government of Uzbekistan will sell a stake in its joint venture with Coca-Cola through open bidding, it said on Monday, and plans to hire foreign investment banks to arrange the deal.
Microsoft Corp on Monday said it had won a five-year deal with Coca-Cola Co to supply business software, including its Teams chat app and tools for customer service agents.
Coca-Cola's India unit said on Tuesday it has temporarily suspended production at its manufacturing facilities across the country following widespread lockdowns to halt the spread of coronavirus.
Rival bottlers Coca Cola HBC and Coca-Cola European Partners (CCEP) reported solid rises in annual profit on Thursday, with HBC also forecasting a faster growth in volume across its segments in 2020.
Coca-Cola Co's quarterly revenue beat market expectations on Thursday, driven by demand for the beverage maker's signature soda, flavored Cokes and Fuze teas, sending its shares up as much as 2.8% to a record high.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.