The Coca Cola Company aka Coca Cola aka Coke NYSE: KO

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Coca-Cola (NYSE:KO) declares $0.46/share quarterly dividend, 4.5% increase from prior dividend of $0.44.
Forward yield 3.09%
Payable April 3; for shareholders of record March 17; ex-div March 16.

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LONDON (Reuters) - Coca-Cola (NYSE:KO) Europacific Partners told Reuters on Thursday it expects to hike prices further, and said glass costs would rise by the "mid-teen to low double digits" this year at a time when it is trying to sell more returnable glass bottles.

Glass shortages have persisted for beverage companies and other manufacturers since the pandemic, with the issue compounded by Russia's invasion of Ukraine.

"It's quite significant and part of it is also led by the shortages that we had given the unfortunate war breakout between Russia and Ukraine, as we had a lot supply there," said Nik Jhangiani, finance chief of CCEP, which bottles and sells Coca-Cola products in Western Europe, Australia and New Zealand.

"So we had to look at alternative sources of supply as well, to ensure that we could continue having our products available on shelf," he said.

The bottler has nonetheless been investing in its planned programmes to sell more products in glass bottles that can be returned to hotels and restaurants, amid concerns about waste. CCEP has rolled out returnable glass bottles in France, Spain and Belgium.

"You're using those bottles ten-twelve-plus times, if not longer," Jhangiani said.

He added the CCEP would raise prices for its products this year.

PepsiCo (NASDAQ:PEP) Inc said this month it would not raise prices of its sodas and snacks further after multiple rounds of price hikes last year helped the beverage giant post fourth-quarter profit and revenue that exceeded analysts' estimates.

"We will take pricing in 2023 and we'll work through in our markets the timing and the right levels of pricing," CCEP's Jhangiani said. "We didn't take prices up at the same rate because it comes back to taking it in more manageable, bite sized chunks so to speak."

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An investigation into potentially anti-competitive practices by Coca-Cola (NYSE:KO) and bottlers, Coca-Cola Europacific Partners and Coca-Cola Hellenic, has been scrapped by The European Commission, according to a report by Reuters on Tuesday.

EU antitrust regulators are said to have cited insufficient ground for the case as the reason for ditching the investigation.

The regulator had initiated a preliminary investigation into the companies based on concerns they could have abused their dominance by giving conditional rebates to retailers in some countries in the EU to block new drinks from entering the market.

However, after collecting information from Coca-Cola, its bottlers, retailers, and competitors, they said in a statement that based on the evidence collected, they have concluded there is insufficient ground to further pursue the investigation.

"The closure of the investigation is not a finding that the conduct in question complies with EU competition rules," the EU competition enforcer added.

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Konkurent Coca Coli z lat 70. wraca na rynek. "Ten napój jest kultowy"

Należący do najbogatszego człowieka Azji megakoncern wznowi produkcję kultowej Campa Coli - donosi CNN. Produkt powstał po wycofaniu się z hinduskiego rynku Coca Coli i był przez wiele jednym z najpopularniejszych napojów bezalkoholowych na całym kontynencie. Jego powrót na rynek może stanowić nie lada konkurencję dla popularnej marki, ponieważ Indie będą niebawem najbardziej ludnym państwem świata.

Campa Cola pojawiła się na hinduskim rynku w 1977 roku po tym, gdy z Indii wycofała się Coca Cola, ponieważ rząd w New Delhi nakazał producentowi ujawnienie receptury.

Po zmianie przepisów oraz otwarciu państwa na inwestycje zagraniczne w 1993 roku najpopularniejszy bezalkoholowy napój gazowany świata powrócił jednak do Indii, a popularność Campa Coli zaczęła słabnąć, aż ostatecznie znikła ze sklepów.


Indie: Campa Cola wraca na rynek. "Poważna konkurencja dla Coca Coli"
W 2022 roku prawa do marki zostały wykupione przez hinduski wielobranżowy megakoncern z Bombaju Reliance Industries, który zapowiedział kontynuację, nostalgicznego dla setek milionów Hindusów, napoju. Na początku zapowiedziano powrót trzech smaków: coli, cytrynowego i pomarańczowego.

Jak podkreśla CNN, szczególną popularność Campa Cola zyskała dzięki - podobnie jak jej amerykański rywal - chwytliwym kampaniom reklamowym, które przemawiały do ówczesnej indyjskiej młodzieży. Na promowanie produktu przeznaczono wiele środków, a do klipów telewizyjnych zatrudniono nawet bollywoodzkich aktorów.

Producenci zachwalali swój produkt jako w pełni hinduski, dlatego jednym ze sloganów było hasło: "Wielki indyjski smak".

Amerykańskie media zaznaczają, że właściciel koncernu Mukesh Ambani ma nadzieję na przyciągnięcie zarówno tych Hindusów, którzy tęsknią za marką, jak i przedstawienie Campa Coli młodszym konsumentom, którzy jej nie pamiętają. Szczególną uwagę budzi również fakt, że Indie - według najnowszych danych - są państwem, które niebawem stanie się najludniejsze na świecie.

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Latest Release
Apr 24, 2023

EPS / Forecast
0.68 / 0.65

Revenue / Forecast
11B / 10.81B

Investing.com - Coca-Cola (NYSE: KO) reported first quarter EPS of $0.68, $0.03 better than the analyst estimate of $0.65. Revenue for the quarter came in at $11B versus the consensus estimate of $10.81B.

Coca-Cola's stock price closed at $64.05. It is up 5.12% in the last 3 months and down -2.87% in the last 12 months.

Coca-Cola saw 11 positive EPS revisions and 2 negative EPS revisions in the last 90 days. See Coca-Cola's stock price’s past reactions to earnings here.

According to InvestingPro, Coca-Cola's Financial Health score is "great performance".

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Wlej popularny napój do toalety. Po kwadransie będzie jak nowa
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Wlej dwie szklanki do toalety. Po kwadransie będzie jak nowa
Brzmi to może mało wiarygodnie, ale naprawdę działa. Cola zawiera zarówno dwutlenek węgla, jak i fosforany, które usuwają kamień i zabrudzenia. Rodzaj coli nie jest ważny. Tak samo dobrze sprawdzi się oryginalny napój, jak i jego tańszy zamiennik.

Jak wyczyścić muszlę za pomocą coli? Wystarczy wlać do niej dwie szklanki napoju. Wlewając colę do muszli, zwróć szczególną uwagę na to, żeby polać całą jej powierzchnię. Pozostaw ją tak na co najmniej 15 minut. Po kwadransie spłucz wodę. Po kamieniu nie powinno być już śladu. Jeśli jednak zauważysz resztki kamienia, powtórz zabieg, jednak czas oczekiwania wydłuż do 20 minut.

Poza toaletą cola doskonale nada się też do czyszczenia biżuterii czy do odrdzewiania sztućców. Warto użyć niewielką ilość tego napoju do czyszczenia szklanych powierzchni, w tym także luster — cola usunie wszelkie zabrudzenia oraz smugi.

https://www.msn.com/pl-pl/kuchnia/wiado ... 81ee&ei=25

TAGI cleanig wcwc

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Buy the World’s Best Dividend-Payers While They’re Still on Sale
by Dr. David Eifrig, DailyWealth.com • May 20, 2023

Mr. Pat created multiple generations of millionaires with a single idea… really, just a single observation.

Mark Welch “Mr. Pat” Munroe noticed that even during the depths of the Great Depression, folks would still spare a few cents to buy a cold Coca-Cola.

His daughter explained that “Daddy liked the taste… and he figured folks would always have a nickel for a Coke.”

Mr. Pat ran Quincy State Bank in his hometown of Quincy, Florida. He wasn’t a professional stock investor. But he reviewed the profits and return on capital at Coca-Cola (KO) and determined it was a stellar business.

At the time, Coca-Cola shares had fallen to $19 – after going public at $40 in 1919 – due to tumult in the sugar industry.

Mr. Pat snatched up shares… And he told everyone in Quincy to do the same.

What happened next is the story of how to get rich – and a lesson that the world’s greatest investors are putting to work right now, for a reason…

As folks tell it, farmers would come into Quincy State Bank for a $2,000 loan, and he’d offer them $4,000 on the condition they put half in Coca-Cola shares. (As conservative investors, we think that may have been a step too far.)

He also steeled the nerves of the townspeople and convinced them to keep holding through all sorts of worrisome market fluctuations.

The result: Quincy, Florida became one of the richest towns per capita in the U.S. It boasted 67 “Coca-Cola millionaires” back in the 1940s, when the town only had about 4,000 people and a million dollars was an incredible amount of money.

When he died in 1940, Munroe was able to leave $1 million for each of his 18 children.

And you can see how it happened. A single share of Coca-Cola that traded for $19 in the 1930s, with dividends reinvested, would now be worth more than $10 million.

Yes, we’d prefer a little more diversification. But when you hear of investors who built quiet, generational wealth, this is how it happens… by holding quality, dividend-paying investments over a long time.

The story of Quincy’s individual, nonprofessional investors dovetails with that of the greatest investor of all time…

Warren Buffett has also owned shares of Coca-Cola for decades, as he reminded us in a recent shareholder letter.

Now, this year’s annual letter to his Berkshire Hathaway (BRK-B) shareholders was one of the shortest he has ever written. You may think that’s because it was a bad year for stocks… and when investments run bad, Buffett may not have as much to crow about. But his Berkshire Hathaway shares actually returned 4% in 2022, compared with a loss of 18.1% for the S&P 500 Index.

So, maybe it’s no surprise that Buffett went back to some of his time-honored lessons like buying businesses instead of stocks and thinking for the long term. There’s just not much more to successful investing than this…

In August 1994 – yes, 1994 – Berkshire completed its seven-year purchase of the 400 million shares of Coca-Cola we now own. The total cost was $1.3 billion – then a very meaningful sum at Berkshire.

The cash dividend we received from Coke in 1994 was $75 million. By 2022, the dividend had increased to $704 million. Growth occurred every year, just as certain as birthdays. All Charlie and I were required to do was cash Coke’s quarterly dividend checks. We expect that those checks are highly likely to grow.

American Express is much the same story. Berkshire’s purchases of Amex were essentially completed in 1995 and, coincidentally, also cost $1.3 billion. Annual dividends received from this investment have grown from $41 million to $302 million. Those checks, too, seem highly likely to increase.

These dividend gains, though pleasing, are far from spectacular. But they bring with them important gains in stock prices. At yearend, our Coke investment was valued at $25 billion while Amex was recorded at $22 billion. Each holding now accounts for roughly 5% of Berkshire’s net worth, akin to its weighting long ago.

The lesson for investors: The weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders. And, yes, it helps to start early and live into your 90s as well.

This is a key concept for income investors: yield on cost.

If you buy shares of a stock that pays $1 per year at $20, you collect a 5% yield. If that dividend per share rises to $2, then you are earning a 10% yield on your cost of shares.

Time + Growing Dividends = Extra-High Yields. It’s that simple.

In Berkshire’s case, its $1.3 billion investment now pays $704 million per year. That’s a 54% yield on cost. In less than two years, Berkshire makes back its entire original investment.

But that’s not all… Typically, the shares you bought don’t currently pay a 10% yield to new investors. Instead, it’s more likely that the shares have risen to keep the yield consistent.

In our example, those $20 shares may have risen to $40 to keep the yield at 5%. In Berkshire’s case, the $1.3 billion invested in Coca-Cola rose to $25 billion.

This is the power of rising dividends. Higher dividends lead to higher yields and to higher share prices as well. And that’s why you want to buy dividend-payers for the long term.

You should always be doing this. But from time to time, you should really be doing this.

At times, the market gives you a particularly ripe opportunity to buy stellar businesses with great dividends at good prices. We’re in one of those periods today.

So, don’t let it pass you by. After all the stock market analyses, forecasts, predictions, hunches, and guesses… this is about as close as you can get to an unassailable investment truth: Buy growing dividends, and you get rich.

Here’s to our health, wealth, and a great retirement,

Dr. David Eifrig

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Coca-Cola HBC LSE: CCH lost ground after agreeing to buy Brown-Forman Finland, owner of the Finlandia vodka brand, for $220m. The business is being bought from Brown-Forman Corporation's wholly-owned subsidiary, Brown-Forman Netherlands BV.

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On the upside, Coca-Cola HBC (UK) rallied as it upgraded full-year earnings guidance after a stronger-than-anticipated finish to the first half of the year.

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Coca-Cola (NYSE:KO) stock rose pre 1.7% after the soft drinks giant raised its annual revenue forecast, betting on higher pricing and resilient demand for its products.

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(Reuters) -Coca-Cola Co raised its annual revenue and profit forecasts after beating quarterly results on the back of higher pricing, with demand for its sodas remaining resilient at a time when consumers are cutting back on non-essential spending.

The company's shares rose about 1% in premarket trading on Wednesday.

The results point to steady consumer spending on sodas, snacks and other essential items and little to no resistance to the multiple prices hikes undertaken to offset the impact of rising costs aggravated by supply chain snags and the Russia-Ukraine conflict.

"Consumers have shown an unwillingness to trade down to private label cola or beverage brands and have largely accepted the recent price increases," CFRA Research analyst Garrett Nelson said.

Earlier this month, rival PepsiCo (NASDAQ:PEP) also raised its annual revenue and profit forecasts for a second time this year after beating second-quarter results, easing worries over a slowdown in demand due to price hikes.

Coca-Cola (NYSE:KO)'s average selling prices rose 10% in the second quarter, while in North America volumes declined 1%, showing little impact to demand with overall unit case volumes remaining flat.

Some analysts said the focus on volumes as a major driver of revenue will become more prominent as price hikes start to moderate in the second half of the year.

"This whole idea of resiliency likely becomes less topical as we get into the back half of the year and pricing begins to come down," Wedbush analyst Gerald Pascarelli said.

The maker of Sprite and Fanta now expects organic revenue growth of 8% to 9% for the full year, compared with a prior forecast of an increase of 7% to 8%.

Coca-Cola forecast full-year core earnings per share to rise between 5% and 6%, compared with previous expectation of a 4% to 5% increase.

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(Reuters) - Coca-Cola (NYSE:KO) Europacific Partners said on Wednesday it intends to jointly acquire Coca-Cola Beverages Philippines with Aboitiz Equity Ventures (AEV) for $1.8 billion, in an effort to become the world's largest Coca-Cola bottler by revenue and volumes.

The deal to buy Coca-Cola's Philippines business in cash will be on 60:40 ownership structure between CCEP and Philippines conglomerate Aboitiz.

CCEP has signed a non-binding term sheet and is in advanced discussions with AEV regarding a potential joint transaction, the company said in a statement.

CCEP, which bottles and sells Coca-Cola products in Western Europe, Australia and New Zealand, also said that its earlier expectation to return to the top-end of its net debt to adjusted core profit range of 2.5-3 times by the end of 2023 is expected to be achieved in 2024 instead.

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W ostatnich latach Coca-Cola (NYSE:KO) i Monster Beverage (NASDAQ:NASDAQ:MNST), dwaj liderzy branży napojów znajdują się na rozbieżnych ścieżkach. Pomimo tego, że akcje Coca-Coli są notowane przy niższej wycenie 5,7-krotności przychodów w porównaniu do 8,7-krotności Monstera, a Monster wykazuje wyższy wzrost przychodów i lepszą pozycję finansową, analiza różnych czynników sugeruje, że Coca-Cola może zaoferować wyższe zwroty w ciągu najbliższych trzech lat.

Monster Beverage odnotował imponujący wzrost przychodów ze średnią roczną stopą 14,6% w ciągu ostatnich trzech lat, wyprzedzając 5,6% Coca-Coli. Wzrost ten przypisuje się silnemu popytowi na napoje energetyczne, wprowadzaniu nowych produktów i ekspansji międzynarodowej. Z drugiej strony, wzrost przychodów Coca-Coli był wspierany zarówno przez kanały domowe, jak i poza domem ze względu na silne trendy cenowe. Ponadto segmenty Ameryki Północnej i Łacińskiej odnotowały znaczący wzrost sprzedaży o 19% rok do roku w 2022 r.

Monster Beverage również wyprzedził Coca-Colę pod względem zwrotów w ciągu ostatnich kilku lat, odnotowując niezwykły zwrot 120% w porównaniu do 8% spadku Coca-Coli i Indeks S&P 50015% wzrost.

Pomimo wolniejszego wzrostu sprzedaży, Coca-Cola pozostaje bardziej rentowna. Marża operacyjna spadła z 29,9% w 2019 r. do 28,8% w 2022 r., podczas gdy Monster Beverage's spadła z 33,4% do 25,1%, głównie z powodu rosnących kosztów.

Pod względem ryzyka finansowego Monster Beverage ma przewagę, ponieważ gotówka stanowi 35% jego aktywów w porównaniu do 14% Coca-Coli. Ponadto wskaźnik zadłużenia Coca-Coli do kapitału własnego wynosi około 16%, podczas gdy Monster Beverage działa bez zadłużenia.

Jeśli chodzi o wielokrotności wyceny, Coca-Cola wydaje się bardziej atrakcyjna. Oczekuje się, że jego cena do sprzedaży (P/S) wielokrotnie wzrośnie, potencjalnie prowadząc do lepszych zwrotów w ciągu najbliższych trzech lat. Obecnie akcje Coca-Coli są sprzedawane przy 5,7-krotności sprzedaży w porównaniu do pięcioletniej średniej wynoszącej 6,8 razy, podczas gdy akcje Monster Beverage są notowane przy 8,7-krotności przychodów w porównaniu do pięcioletniej średniej wynoszącej 4,9 razy.

Wyższy wskaźnik P/S Monster Beverage jest nieco uzasadniony silnym wzrostem przychodów, ale obecna 9-krotność sprzedaży wydaje się naciągana, szczególnie biorąc pod uwagę, że marże operacyjne są niższe niż poziom 33% obserwowany w 2019 r., Przed uderzeniem pandemii.

Podsumowując, podczas gdy Monster Beverage wykazał wyższy wzrost przychodów i lepszą pozycję finansową, rentowność Coca-Coli i niższa wielokrotność wyceny wskazują, że może ona oferować lepsze zwroty w ciągu najbliższych trzech lat. Analiza uczenia maszynowego przewiduje oczekiwany zwrot w wysokości 8% dla Coca-Coli i -1% dla Monster Beverage w tym okresie.

https://www.investing.com/news/stock-ma ... CH-3180889

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Coca-Cola and Pernod Ricard team up for alcoholic beverage launch

In a strategic move to expand its presence in the alcoholic beverage market, Coca-Cola (NYSE:KO) is partnering with Pernod Ricard (EPA:PERP) to introduce a new ready-to-drink cocktail. The product, an Absolut vodka and Sprite cocktail, is set to debut in early 2024 in select European countries, including the U.K., the Netherlands, Spain, and Germany.

The collaboration marks a first between the two beverage giants and follows Coca-Cola's previous partnership with Brown-Forman Corporation (NYSE:BF.B) to introduce a ready-to-drink cocktail in Mexico and the U.S. This expansion into the alcohol sector aligns with Coca-Cola's ongoing strategy to become a comprehensive beverage company, as confirmed by CEO James Quincey on Monday.

According to InvestingPro data, Coca-Cola's market cap stands at a robust 230.92B USD with a P/E ratio of 22. The company has also shown promising revenue growth, with an increase of 6.82% in the last twelve months (LTM2023.Q2). Notably, Coca-Cola has a track record of providing high returns on invested capital and has raised its dividend for 52 consecutive years, as highlighted in the InvestingPro Tips.

The new cocktail will come in two variants: a regular version and a Sprite Zero Sugar version. The regular cocktail will contain around 5% alcohol content, though this may vary due to market conditions.

On the other hand, Pernod Ricard, with a market cap of 42533.22M USD, has shown a revenue growth of 13.42 % in the last twelve months (LTM2023.Q4). The company has consistently increased its earnings per share and has maintained dividend payments for 32 consecutive years, as per InvestingPro Tips.

Wall Street analysts have given a strong buy consensus to KO stock, forecasting a 24.11% upside potential with an average price target of $66.23 per share. This positive outlook reflects the market's anticipation of Coca-Cola's strategic expansion into the profitable spirits market. The company's stock is currently trading near its 52-week low, which, according to InvestingPro Tips, could be an opportune time for investors to consider adding it to their portfolio.

For more insights like these, investors can consider InvestingPro, which offers a wealth of tips and real-time metrics on companies like Coca-Cola and Pernod Ricard.

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Coca-Cola or PepsiCo? One Stock is the Clear Winner
Posted by Ethan Feller, Zacks | Oct 22, 2023

The age-old debate: Coke or Pepsi? Except here we aren’t talking about the beverage, we’re talking about the stocks.

Without a doubt both Coca-Cola (KO) and PepsiCo (PEP) are fantastic long-term investment options. However, after breaking down the returns from multiple look-back periods, looking at sales and earnings prospects, and future business opportunities one is the clear winner.

Furthermore, in addition to a long-term perspective on these stocks, we are also comparing them on a more granular near-term basis, as PepsiCo reported earnings last week, and Coca-Cola reports next week. And lastly, we are informed by each stock’s respective Zacks Rank, which further improves the near-term estimates of stock performance.

It is also worth noting that both stocks have struggled so far in 2023. Many defensive stocks, PEP and KO included recently experienced sharp corrections in response to steeply rising interest rates. Not surprisingly, conservative investors have rotated into Treasuries as they now offer nearly a 5% yield. But now at these levels, Coca-Cola, PepsiCo, and other defensive names look quite appealing.

Image Source: TradingView - patrz link

Earnings Estimates

PepsiCo’s earnings report last week came in strong as the company beat expectations on both the top and bottom line. PepsiCo also enjoys a Zacks Rank #2 (Buy) rating, reflecting upward trending earnings revisions from analysts. Additionally, FY23 sales are projected to grow 6.2% YoY to $91.75 billion and EPS are expected to climb 10.9% YoY to $7.53 per share.

Coca-Cola is reporting earnings next Tuesday, October 24, before the market opens, and analysts have not been particularly bullish. KO has a Zacks Rank #4 (Sell) rating, reflecting downward trending earnings revisions. Current quarter earnings are forecast to be unchanged YoY and sales are expected to grow 3.6% to $11.5 billion. For FY23, sales are expected to grow 4.5% YoY to $44.9 billion and EPS are expected to increase 6.1% to $2.63 per share.

So, we can clearly see that PepsiCo has both analysts raising estimates on its side, and higher forecasted growth for both sales and earnings this year.

Valuation

In the valuation chart below, we see that KO and PEP have very similar forward earnings multiples. PepsiCo trades at 21.3x, which is below its 10-year median of 22.3x, and Coca-Cola is trading at 20.7x, also below its 10-year median of 23.1x.

However, 3–5-year EPS forecasts show that PepsiCo has 33% higher growth expectations. Over that time PEP is expected to grow EPS 8.3% annually, while KO is expected to grow at 6.2% annually. That essentially means PEP is cheaper.

Image Source: TradingView

Stock Performance

When looking at stock performance PepsiCo has outperformed Coca-Cola in every time frame. Looking back 10, 20, 30 years, Pepsi comes out on top. Even more impressive is that PepsiCo has done it with less risk and volatility as its maximum drawdown since 1985 was -36%, while Coca-Cola’s was -50%.

Over the last 25 years PEP has compounded at an annual rate of 9.9% and KO has compounded 4.6% annually.



Image Source: Zacks Investment Research

Business Developments

While many people associate each of these companies with the respective beverage brands, both are far more than just these two brands. Coca-Cola is the leader in non-alcoholic beverages, with a 40% market share, and includes brands like Powerade, SmartWater, Minute Maid and many others.

PepsiCo on the other hand has much less sway in the beverage industry, but boasts an array of complimentary brands including Frito-Lay, Lay’s Chips, Cheetos, and the range of Quaker cereals, as well as Aunt Jemima mixes.

From a margin perspective, KO is exceptional. Coca-Cola has net margins of 23.8%, an incredibly impressive figure, while PEP has net margins of just 9%. However, when looking at Return on Capital, PEP edges out the lead with 19.2% versus KO’s 18.2%

Based on these measures, PepsiCo and Coca-Cola have surprisingly different business models, and even though KO enjoys those higher margins, PEP’s stock performance over the years speaks for itself.

Image Source: Zacks Investment Research

Bottom Line

I believe that PepsiCo is the superior investment over both the short and long-term. That isn’t to say the KO is a poor stock, but when taking both a quantitative and qualitative approach, PEP appears superior. I will say personally, I prefer Coke to Pepsi, and I think the Coke brand is more recognizable, but the data doesn’t agree with that sentiment. Additionally, each company owns a huge portfolio of brands which of course influence the performance of business and stock.

— Ethan Feller