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

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Even the Mighty Coca-Cola Faces Coronavirus Risks

Sometimes defensive stocks can see troubles just like other companies due to bad news headlines. While the news is not hurting the shares, Coca-Cola Co. (NYSE: KO) has outlined some exposure it has to the Covid-19 novel coronavirus. China cannot be ignored as an important part of the beverage giant’s business as China is its third-largest market in the world in terms of unit case volumes.

At the Consumer Analyst Group of New York Conference, Coca-Cola reaffirmed its full-year guidance, but it did outline some of what it expects as a result of Covid-19 weighing on the company’s current quarter. Coca-Cola noted that it sees great opportunities in China and it plans to continue investing for long-term growth there.
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https://247wallst.com/consumer-products ... rus-risks/

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Coca-Cola Japan to Release Water in Fully Recycled Bottle

Tokyo, March 3 (Jiji Press)--Coca-Cola (Japan) Co. said Tuesday it will release "I Lohas" mineral water bottled in 100 pct-recycled plastic across the country on Monday.
The move is part of its efforts to reduce burdens on the environment, according to the company.

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Even Coca-Cola Has Trouble Calculating the Coronavirus Damage

https://247wallst.com/consumer-products ... us-damage/

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Koncern Coca-Cola, największy na świecie producent napojów spożywczych ostrzegł, że wpływ pandemii koronawirusa na wyniki spółki w II kwartale będzie „znaczący” i nie pozwala na opracowanie obecnie prognoz na dalsza część roku.

Amerykańska firma poinformowała, że w kwietniu wielkość sprzedaży spadła o około 25 proc. na całym świecie. Wprowadzone obostrzenia odnośnie handlu, usług, kontaktów międzyludzkich, transportu czy rezygnacja z imprez masowych mocno zaszkodziły sprzedaży zewnętrznej (np. stadiony, centra rozrywki), która generuje około połowy przychodów spółki. Koncern stwierdził, że ostateczny wpływ na wyniki za cały rok będzie zależeć od czasu trwania tych środków.

Firma podała, że wolumeny napojów bezalkoholowych spadły w pierwszym kwartale o 2 proc., a Chiny wzmocniły ten zniżkowy trend.

https://www.pb.pl/coca-cola-ostrzega-pr ... mii-988882

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Has Coca-Cola Lost Its Defensive Stock to Buy Status for Dividend Investors?

https://247wallst.com/consumer-products ... investors/

Why Strong Coca-Cola Earnings Weren't Good Enough

Coca-Cola Co. (NYSE: KO) released its first-quarter financial results before the markets opened on Tuesday. The firm said that it had $0.51 in earnings per share (EPS) and $8.6 billion in revenue, while consensus estimates had called for $0.44 per share and $8.28 billion. The same period of last year reportedly had EPS of $0.48 on $8.02 billion in revenue.

During the most recent quarter, net revenues declined 1% and organic revenues were flat. Revenue performance included even concentrate sales and even price/mix.

Unit case volume declined 1%, as solid growth in North America was more than offset by a decline in Asia Pacific due to the impact from the coronavirus. Coca-Cola reported as follows:

Sparkling soft drinks declined 2% in the quarter led by a decline in Asia Pacific, primarily due to China. For the quarter, trademark Coca-Cola grew 1%, led by strong performance for Coca-Cola Zero Sugar.
Juice, dairy and plant-based beverages were down 6%, as solid performance in the North American portfolio and Chi in West Africa was more than offset by a decline in Minute Maid Pulpy in China.
Water, enhanced water and sports drinks grew 2%, led by Cristal in Latin America and strong growth in the sports drinks portfolio in North America, partially offset by a decline in China.
Tea and coffee volume declined 6%, driven by broad-based softness across multiple markets, as well as a decline in the doğadan tea business.
Looking ahead to the second quarter, the company expects to see comparable net revenues and operating income include a 4% to 5% currency headwind based on current rates. Consensus estimates call for $0.55 in EPS and $9.02 billion in revenue for the quarter.

James Quincey, board chair and chief executive, commented:

We sincerely thank those who have been working to keep all of us safe through the crisis, particularly those on the front lines in the healthcare community. I also want to recognize our system associates, who are ensuring we can continue to supply beverages around the world. Our approach to navigating the pandemic is grounded in our company’s purpose, which ensures that we continuously strive to make a difference for people in the communities we serve around the world. We’ve been through challenging times before as a company, and we believe we’re well positioned to manage through and emerge stronger. The power of the Coca-Cola system is our greatest strength in times of crisis. The resilience of our people, the equity of our brands and the strength of our bottling partners continue to be competitive advantages in the market.

https://247wallst.com/consumer-products ... od-enough/

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Producent napojów Coca Cola (KO 0,80%) w pierwszym kwartale nie odczuł efektu pandemii. Przychody spadły o 1% r/r do 8,6 mld USD, a zysk na akcję wzrósł 8% r/r do 0,51 USD. Wyniki okazały się powyżej średnich oczekiwań analityków. Firma zaznaczyła, że choć w pierwszym kwartale koronawirus wpłynął na biznes spółki minimalnie, tak w drugim kwartale będzie on już znaczący. Od początku kwietnia całkowita wielkość sprzedaży Coca-Coli spadła o około 25% na całym świecie. Obecnie firma nie jest w stanie opublikować prognoz na drugi kwartał i cały rok, ponieważ wyniki będą w dużym stopniu uzależnione od długości kwarantanny i tempa ożywienia gospodarczego. Coca-Cola traktuje te problemy jako tymczasowe i oczekuje, że ich wyniki poprawią się w drugiej połowie 2020 r.

https://www.paszport.ws//przegl%C4%85d- ... ines-intel

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Koniec plastiku? Coca-Cola i Carlsberg wspierają nowe, ekologiczne rozwiązanie
Innowacyjna technologia produkcji butelek może wkrótce przyczynić się do zastąpienia plastiku jako głównego surowca. Jest oparta w pełni o surowce roślinne i ma rozkładać się w zaledwie rok.

https://tech.wp.pl/koniec-plastiku-coca ... 000153729a

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Tokyo, June 11 (Jiji Press)--Coca-Cola Bottlers Japan Inc. said Thursday that it will make some 30,000 of its about 700,000 vending machines resistant to virus and bacteria in response to growing hygiene awareness among the public amid the new coronavirus crisis.
Beginning this week, product selection buttons and dispensing slots of the 30,000 vending machines located at such public spaces as hospitals and train stations across the country will be covered with antiviral and antibacterial films.

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Coca-Cola Pausing All Social Media Advertising
Coca-Cola's move to halt social media ads for at least 30 days comes as boycott of Facebook has grown.

The Coca-Cola Company (KO) - Get Report said Friday it will pause paid advertising on all social media platforms for at least 30 days.

The move comes amid a growing boycott of Facebook (FB) - Get Report for failing to take action against incendiary content, including posts by President Donald Trump.

“The Coca-Cola Company will pause paid advertising on all social media platforms globally for at least 30 days,” said James Quincey, chairman and CEO of the soft-drink giant in a statement. “We will take this time to reassess our advertising standards and policies to determine whether revisions are needed internally, and what more we should expect of our social media partners to rid the platforms of hate, violence and inappropriate content.”

On Friday consumer products giant Unilever (UL) - Get Report joined the boycott launched by the NAACP and other organizations, helping to send shares of Facebook tumbling more than 8%. Procter & Gamble (PG) - Get Report said earlier this week it was weighing a similar pullout.

Facebook CEO Mark Zuckerberg sought to appease advertisers Friday, announcing changes to Facebook’s content policies.

Zuckerberg has previously argued that Facebook “shouldn’t be the arbiter of truth of everything that people say online.”

In recent weeks, however, social media companies have faced difficult choices, arising from Black Lives Matter protests and in dealing with content from Trump.

Twitter flagged two tweets by Trump last month for spreading lies about mail-in voting, a practice Trump claims can lead to fraud, even though he himself votes by mail.

Trump responded with an executive order attempting to rescind laws the protect online companies from liability for content posted by individuals using their platforms.

Facebook itself recently removed ads from the Trump campaign which used a nazi death camp symbol.

Coca-Cola spends about $4 billion a year on advertising worldwide, according to its latest annual report.

https://www.thestreet.com/investing/coc ... dvertising

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Koszmarny kwartał Coca Coli. Największy spadek przychodów od 25 lat

Dywidendowy Arystokrata Coca-Cola (KO -0,41%) nie ma łatwego życia w ostatnich latach, ze względu na rosnącą świadomość konsumentów na całym świecie i nowe trendy w kierunku zdrowego odżywiania. Konserwatywna firma próbuje z różnym skutkiem dopasować się z ofertą w nową rzeczywistość, a teraz jeszcze COVID-19.

We wtorek spółka opublikowała wyniki za drugi kwartał, w którym odnotowano 7,2 miliarda USD przychodów (spadek o 28% r/r), podobnie jak zysk netto ze spadkiem 33% do 0,42 USD. Firma podkreśla, że był to najgorszy kwartał w tym roku i optymistycznie przewiduje odbicie w pozostałej jego części. Według CNBC to największy kwartalny spadek przychodów od 25 lat. Coke podkreśla, że słabe wyniki były spowodowane głównie przez postojowe branży gastronomicznej, w tym restauracje, bary, brak imprez plenerowych itp. Według spółki, sprzedaż dla segmentu 'horeca' to około połowa przychodów firmy i nawet stabilny popyt konsumencki nie jest w stanie zrekompensować braków. Wyniki były mniej wiecej zgodne z oczekiwaniami, bo rynek był przygotowany na złe wiadomości, po niedawnym raporcie od PepsiCo (PEP 0,79%), który wykazał gwałtowny spadek popytu na napoje. Akcje Coke podrożały po publikacji o 2,3%.

Chociaż na pierwszy rzut oka to nie wygląda, działalność Coke i Pepsi się znacznie różnią. Coke jest prawie całkowicie oparty na napojach, podczas gdy Pepsi generuje duże przychody poprzez sprzedaż przekąsek (marki chipsów np. Lay's, Doritos i Cheetos) i pakowanej żywności. Dlatego Pepsi drugi kwartał zabolał mniej.

Przy tej okazji Coke zapowiedział optymalizację portfolio produktów i strategiczny plan działania, skoncentrowany na wsparciu mniejszej liczby silniejszych marek odnoszących sprzedażowe sukcesy oraz wyeliminowaniu produktów niepopularnych. A jest co ogarniać, z uwagi na fakt, że spośród obsługiwanych przez firmę 400 marek produktów, połowa z nich generuje 98% przychodów, podczas, gdy reszta pozostałe 2%. Marki o niskiej rentowności i popularności tak samo pochłaniają koszty i zasoby, tyle, że w mniejszej skali. Pierwsze ruchy w procesie restrukturyzacji ogłoszono z początkiem lipca, gdy Coca-Cola ogłosiła zamknięcie marki soków Odwalla. Innymi słowy, po oszałamiających skutkach pandemii, firma będzie szukała oszczędności i chętniej inwestowała np. w markę gazowanej wody mineralnej Topo Chico - jednego z liderów wzrostów sprzedaży w drugim kwartale.

Coke nie podał do wiadomości szacunków wyników na kolejny kwartał, zasłaniając się niemożnością prognozowania trendów sprzedaży w kontekście trwającej epidemii, ponownego wprowadzania ograniczeń i innych ekonomicznych czynników.

Nawiasem mówiąc, prognozuje się, że obie marki w przyszłości będą musiały zmierzyć się z poważnym problemem. Pandemia koronawirusa może zaostrzyć systemową zmianę w trendach konsumentów, jako skutek uboczny pandemii, w zakresie spożywania napojów i przekąsek, co może być problematyczne dla tych firm. Wynika to z faktu, że zarówno Coke jak i Pepsi oferują wiele produktów zawierających dokładnie takie składniki (cukry, słodziki, węglowodany), których - zdaniem ekspertów - osoby znajdujące się 'grupie ryzyka' z chorobami serca czy otyłością, powinni unikać. Jeszcze innym problemem są badania, które wykazały, że w niektórych warunkach środowiskowych, plastikowe butelki wchodzą w niezdrową dla ludzkiego organizmu reakcję z wodą, którą zawierają.

Firma Coca Cola to jeden z najwytrwalszych płatników dywidendy (rentowność 3,5% rocznie), którą podnosi od 58 lat z rzędu. Od początku roku, akcje są na 14% minusie.

https://www.paszport.ws/koszmarny-kwart ... -od-25-lat

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Why Coca-Cola Beats PepsiCo in an Investor Taste Test in August
A long time ago there used to be taste tests between Coca-Cola and Pepsi. That was back before the beverage industry became so diverse and before so many brands were housed under a single roof. In the modern era, investors view Coca-Cola Co. (NYSE: KO) and PepsiCo Inc. (NASDAQ: PEP) with mixed fanfare. The two beverage giants are very similar in dominating beverages around the globe with their top brands, but PepsiCo also has its prized snack-food business and brands that have an impact on making an apples-to-apples comparison here.

24/7 Wall St. tracks many value stocks, Dow Jones industrial stocks and income (dividend) stocks to keep investors informed. Now that the dust has started to settle in the COVID-19 pandemic, even if this ordeal and the recession that came with it are far from over, it’s worth looking at which beverage giant offers more upside than the other does.

First, calling out specific growth rates on revenues and making any bold earnings per share predictions at this stage of the recession is a sucker’s game. If most companies cannot or will not endorse formal numbers ahead, how are industry outsiders going to stack up in predictions? One issue that the market is trying to do is look back at the last two years and come up with an average of what normalized earnings will look like ahead.

Coca-Cola reported second-quarter 2020 results on July 21, with earnings of $0.42 per share on revenues of $7.2 billion. This was down from $0.63 per share on $10 billion a year earlier, but the consensus estimates called for per-share earnings of $0.40 and $7.18 billion in revenues. Coca-Cola’s adjusted operating margin was down slightly year over year from 30.3% to 30.0%. Monthly global unit case volume declined by 10% in June, compared to a 25% drop in April. The company said that sales have been driven by “improving trends in away-from-home channels.”
PepsiCo reported its earnings on July 13 as $1.32 per share, with revenue of $15.95 billion. The same period of last year had $1.54 per share and $16.45 billion, and analysts were only looking for $1.25 per share and $15.38 billion. During the quarter, net sales dropped 3.1% year over year. Pepsi’s organic revenue, which does not take into account foreign currency, fell 0.3%. Management disclosed that PepsiCo spent nearly $400 million on costs related to the pandemic, including personal protective equipment, but the team also believes that this cost will diminish as time goes on.

The closure of restaurants and other public venues weighed on both Coca-Cola and on Pepsi, and that is expected to continue throughout the recession and while so many public venues remain closed or on very reduced capacity. It’s also not helping that there is a deficit of close to 10 million U.S. jobs, compared with the total unemployed population.

Coca-Cola acknowledged that the impact on financial results of the pandemic is unknown, but the company also noted that its solid balance sheet will allow it to navigate through the crisis. Coca-Cola offered no formal guidance other than it expects a 3% to 4% currency headwind against 2020 revenues and that operating income faces a high single-digit currency headwind this year.
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https://247wallst.com/consumer-products ... in-august/

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Coca-Cola to Fire 4,000 in North America, Promises More Cuts Globally

Coca-Cola Co. (NYSE: KO) on Friday announced that it is streamlining its operations and will offer a voluntary layoff program to about 4,000 employees in the United States, Canada and Puerto Rico. Coke also said that a similar program “will be offered in many countries internationally” and that the voluntary programs are expected to reduce the number of involuntary layoffs.

Between 2016 and 2017, Coca-Cola cut its global workforce by nearly 40% to around 62,000. As of December 31, 2019, that number had risen to 86,200. In its annual report for last year, Coca-Cola said it had about 10,100 employees in the United States. Estimate another 3,000 or so in Canada and Puerto Rico, and the loss of 4,000 North American jobs is a major trimming.

Neither Coca-Cola nor its chief rival, PepsiCo Inc. (NASDAQ: PEP) has fared all that well since the COVID-19 pandemic sent shares tumbling in March. While Coke wins a recent investor taste test, the company does need to modernize.

To that end, Coca-Cola also announced a global reorganization plan Friday. It is reducing the number of global operating units from 17 to nine, including new operating units focused on regional and local demands. A new platform services organization is being created to provide “global services and enhanced expertise across a range of critical capabilities.”

CEO James Quincey commented that the changes to Coke’s operating model “will shift our marketing to drive more growth and put execution closer to customers and consumers while prioritizing a portfolio of strong brands and a disciplined innovation framework.” He also noted that these organizational changes “will include significant changes in the structure of our workforce.”

Coca-Cola shares traded up fractionally early Friday, at $48.60 in a 52-week range of $36.27 to $60.13. The consensus 12-month price target is $53.55, and Coke pays a dividend yield of 3.41%.

Neither Coca-Cola nor its chief rival, PepsiCo Inc. (NASDAQ: PEP) has fared all that well since the COVID-19 pandemic sent shares tumbling in March. While Coke wins a recent investor taste test, the company does need to modernize.

To that end, Coca-Cola also announced a global reorganization plan Friday. It is reducing the number of global operating units from 17 to nine, including new operating units focused on regional and local demands. A new platform services organization is being created to provide “global services and enhanced expertise across a range of critical capabilities.”

CEO James Quincey commented that the changes to Coke’s operating model “will shift our marketing to drive more growth and put execution closer to customers and consumers while prioritizing a portfolio of strong brands and a disciplined innovation framework.” He also noted that these organizational changes “will include significant changes in the structure of our workforce.”

Coca-Cola shares traded up fractionally early Friday, at $48.60 in a 52-week range of $36.27 to $60.13. The consensus 12-month price target is $53.55, and Coke pays a dividend yield of 3.41%.

https://247wallst.com/consumer-products ... -globally/

Amerykański gigant rynku napojów planuje reorganizację, która może go kosztować nawet 500 mln USD.

Coca-Cola zaproponuje dobrowolne odejście z pracy 4 tys. pracowników w USA, Kanadzie i Portoryko. Pakiet odpraw będzie oferowany zatrudnionym przed 1 września 2017 roku. Podobne programy amerykańska spółka chce zaproponować także w innych swoich firmach zagranicznych. Łączne ma to kosztować spółkę 350-500 mln USD.

https://www.pb.pl/coca-cola-chce-zreduk ... cy-1000727

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Independent: Gra pod publiczkę
Choć Coca-Cola, PepsiCo i Nestle publicznie zobowiązały się do ograniczania zużycia plastiku, to jednocześnie wspierały grupy opowiadające się za opóźnieniem reform zrównoważonego rozwoju – wynika z badania Change Markets Foundation.

Jedną z opisywanych firm jest Coca-Cola. Zdaniem ekspertów firma zaangażowana jest w dziesięć inicjatyw mających na celu rozwiązanie problemu odpadów z tworzyw sztucznych, jednak jednocześnie jest członkiem aż siedmiu stowarzyszeń branżowych, które sprzeciwiały się wprowadzeniu przepisów regulujących zużycie jednorazowego plastiku.

Według raportu Coca-Cola jest największą firmą zanieczyszczającą planetę plastikiem, z rocznym zużyciem tego materiału na poziomie 2,9 mln ton rocznie. Zdaniem ekspertów z Greenpeace'u to właśnie działania prywatnych firm mają największy wpływ na zmianę sytuacji. GSU

https://www.parkiet.com/Gospodarka---Sw ... iczke.html

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Coca-Cola to Drop Zico Coconut Water in Brand-Focus Effort
Coca-Cola will discontinue Zico coconut water in a brand-focusing effort brought on by the pandemic, a media report says.

https://www.thestreet.com/investing/coc ... cus-effort

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How Coca-Cola Broke Through in Q3
Chris Lange
October 22, 2020 11:15 am
Coca-Cola Co. (NYSE: KO) released its third-quarter financial results before the markets opened on Tuesday. The firm said that it had $0.55 in earnings per share (EPS) and $8.7 billion in revenue, while consensus estimates had called for $0.46 per share and $8.35 billion. The same period of last year reportedly had EPS of $0.56 on $9.5 billion in revenue.

During the most recent quarter, net revenues declined 9% and organic revenues were down 6%. Revenue performance included even concentrate sales and even price/mix.

Unit case volume declined 4%, as continued strength in at-home channels was more than offset by coronavirus related pressure in away-from-home channels.

Sparkling soft drinks declined 1% in the quarter, led by a decline in the fountain business in North America and in Mexico due to pressure in away-from-home channels.

Juice, dairy and plant-based beverages were down 6%, as solid performance by Simply and Fairlife in North America was more than offset by pressure in the Asia Pacific and Latin America operating groups.

Water, enhanced water and sports drinks declined 11%, led by a broad-based decline across operating groups, primarily due to a decline in lower-margin water brands.

Tea and coffee volume declined 15%, primarily driven by coronavirus-related pressure on Costa retail stores, along with some pressure on the Doğadan tea business in Turkey.

Looking ahead to the fourth quarter, the company expects to see comparable net revenues, including a 3% currency headwind, and that operating income will see an approximate 8% currency headwind. Outside of this, the company declined to issue guidance for the fourth quarter. Consensus estimates call for $0.41 in EPS and $8.35 billion in revenue for the quarter.

Coca-Cola stock traded up about 2% on Thursday, at $50.89 in a 52-week range of $36.27 to $60.13. The consensus price target is $54.50.

https://247wallst.com/consumer-products ... ugh-in-q3/

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Coke Won't Say Which 200 Brands It Dumped and That's a Problem
Douglas A. McIntyre
October 23, 2020 10:34 am
Coca-Cola Co. (NYSE: KO) has announced what has to be considered a major restructuring. It has decided to eliminate about 200 of its brands. That’s about half of its stable. Asked which ones will go, the company refused to answer. Outsiders will never know what part of Coke’s strategy failed and how that shapes its stable going forward. That’s a problem for anyone who wants to know how management thinks and to judge whether the new strategy of fewer brands will work. It is particularly critical since CEO James Quincey’s tenure has been a disappointment.

24/7 Wall St. asked the company for a list of discontinued brands. The answer was a dodge. A spokesperson said, “our focus is on our future portfolio.” Of course, Coke almost certainly won’t give out that list either.

The markets have been less than sanguine about Coke’s future. Shares are off 8.4% this year. The S&P 500 is up 6.9% over the same period. Shares of rival PepsiCo Inc. (NASDAQ: PEP) have risen 2.2%.

Earnings for the quarter that ended on September 25 were ugly, with revenue off 9% to $8.7 billion, compared with the same quarter last year. Earnings dropped 33% to $0.40 per share. The company said this about its plans:

Shaping a winning growth portfolio: The company continues to pursue its beverages for life ambition by calibrating a portfolio with an optimal set of global, regional and local brands with the strongest potential to grow their consumer bases, increase frequency and drive system margins. The company expects to offer a portfolio of approximately 200 master brands, an approximate 50% reduction from the current number, and phase out some products, such as ZICO and TaB.

Quincey pointed to other brands that would survive and those that had been or would be eliminated. He became chief executive in May 2017. In the past three years, the company’s stock has languished. It is up 9.7%, but compared to 24.5% for PepsiCo and 34.3% for the S&P 500.

The lack of detail says a few things about management. First, that it refuses to be transparent about one of the most important decisions it could make about its business. Investors, partners and suppliers are left to guess what management did and why. Another question left open is exactly how much revenue goes away with these brands. As for showing how the decision was made strategically, management has elected to remain silent.

Coca-Cola had the chance to show the world that management is smart about how it has navigated and will navigate a choppy future. Instead, it decided to keep an important part of its plans a secret.

https://247wallst.com/consumer-products ... a-problem/