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Coca-Cola Co (KO.N)

KO.N on New York Stock Exchange

45.10USD
20 Feb 2019
Change (% chg)

$0.27 (+0.60%)
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Latest Key Developments (Source: Significant Developments)

Coca-Cola Co Reports Q4 EPS Of $0.18 From Continuing Operations
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Coca-Cola Co ::COCA-COLA REPORTS STRONG RESULTS FOR FOURTH QUARTER AND FULL YEAR 2018.Q4 EARNINGS PER SHARE $0.18 FROM CONTINUING OPERATIONS.Q4 COMPARABLE EPS FROM CONTINUING OPERATIONS (NON-GAAP) $0.43.Q4 EARNINGS PER SHARE ESTIMATE $0.43 -- REFINITIV IBES DATA.Q4 REVENUE $7.1 BILLION VERSUS REFINITIV IBES ESTIMATE OF $7.03 BILLION.ORGANIC REVENUES (NON-GAAP) GREW 5% FOR QUARTER AND FULL YEAR.SEES APPROXIMATELY 4% GROWTH IN ORGANIC REVENUES (NON-GAAP) IN 2019.FOR QUARTER, UNIT CASE VOLUME GROWTH WAS EVEN.SEES 12% TO 13% GROWTH IN COMPARABLE CURRENCY NEUTRAL NET REVENUES (NON-GAAP) IN 2019.SEES FY2019 CAPITAL EXPENDITURES (EXCLUDING DISCONTINUED OPERATIONS) APPROXIMATELY $2.0 BILLION.SEES 2019 COMPARABLE EPS FROM CONTINUING OPERATIONS (NON-GAAP) DOWN 1% TO UP 1% VERSUS $2.08 IN 2018.SEES 6% TO 7% TAILWIND FROM ACQUISITIONS, DIVESTITURES AND STRUCTURAL ITEMS FOR ADJUSTED COMPARABLE NET REVENUES IN Q1.Q1 2019 WILL HAVE ONE LESS DAY COMPARED TO Q1 2018.SEES Q1 COMPARABLE NET REVENUES (NON-GAAP) HAVING 6% TO 7% TAILWIND FROM ACQUISITIONS, DIVESTITURES AND STRUCTURAL ITEMS.SEES Q1 COMPARABLE OPERATING INCOME (NON-GAAP) HAVING 10% TO 11% CURRENCY HEADWIND BASED ON CURRENT RATES.IN EUROPE, MIDDLE EAST & AFRICA, PRICE/MIX DECLINED 1% FOR QUARTER, PRIMARILY DUE TO NEGATIVE GEOGRAPHIC MIX.  Full Article

Coca-Cola Consolidated Inc And Coca-Cola Company Enters Into An Incidence Agreement
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Coca-Cola Consolidated Inc ::CO AND COCA-COLA COMPANY ENTERED INTO AN INCIDENCE AGREEMENT.TERM OF INCIDENCE AGREEMENT COMMENCES ON APRIL 1, 2019 AND WILL TERMINATE UPON TERMINATION OF CBA- SEC FILING.AGREEMENT AMENDS EXISTING EXPANDING PARTICIPATING BOTTLER REVENUE INCIDENCE AGREEMENT WITH COCA-COLA COMPANY, SEPT 23, 2015.  Full Article

Whitbread Q3 Sales Rise 2.5 Pct
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - Whitbread PLC ::WHITBREAD PLC - THIRD QUARTER TRADING UPDATE.WHITBREAD PLC - TOTAL Q3 SALES GROWTH OF 2.5% AND STRONG PROGRESS WITH EFFICIENCY PROGRAMME.WHITBREAD PLC - SALE OF COSTA TO COCA-COLA COMPANY FOR £3.9BN COMPLETED ON 3 JAN 2019, AHEAD OF SCHEDULE.WHITBREAD PLC - INITIAL £500 MILLION SHARE BUYBACK PROGRAMME COMMENCING TODAY.WHITBREAD PLC - OVER 2,000 NEW ROOMS ADDED IN FY19 SO FAR AND OCCUPANCY REMAINED HIGH AT OVER 80%.WHITBREAD PLC - EXPECT TO DELIVER FY19 RESULTS IN-LINE WITH EXPECTATIONS.WHITBREAD PLC - REMAIN CAUTIOUS ON UK ENVIRONMENT NEXT YEAR GIVEN UNCERTAINTY AND HIGHER INFLATION.WHITBREAD PLC - FY20 UNDERLYING PROFIT BEFORE TAX EXPECTED TO BE CONSISTENT WITH THIS YEAR, AS WE CONTINUE TO INVEST IN UK & INTERNATIONAL GROWTH.WHITBREAD PLC - PREMIER INN HAS MADE GOOD PROGRESS THIS YEAR, GROWING TOTAL SALES BY 2.5%.WHITBREAD PLC - UK BUSINESS ACHIEVED TOTAL ACCOMMODATION SALES GROWTH OF 3.5% IN Q3.WHITBREAD PLC - PERFORMANCE IN QUARTER REFLECTS A STRONG CENTRAL LONDON MARKET AND A WEAK REGIONAL MARKET.WHITBREAD PLC -FEBRUARY 2020 FY GERMAN LOSSES EXPECTED TO BE APPROXIMATELY £12 MILLION AS WE INVEST TO SUPPORT C.2,500 ROOMS THAT WILL OPEN DURING FY20.WHITBREAD PLC -FEBRUARY 2020 FY EXPECTED TO DELIVER SAVINGS OF £40-50 MILLION, BUT £20-30 MILLION LOWER THAN HIGHER COST INCREASES OF APPROXIMATELY £70 MILLION.  Full Article

The Coca-Cola Company Announces Loan Agreement With Ioniqa Technologies
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Coca-Cola Co ::THE COCA-COLA COMPANY ANNOUNCES LOAN AGREEMENT WITH IONIQA TECHNOLOGIES TO TRANSFORM HARD-TO-RECYCLE PLASTIC WASTE INTO HIGH-QUALITY, FOOD-GRADE PET.COCA-COLA CO - AGREEMENT DESIGNED TO ACCELERATE DEVELOPMENT & DEPLOYMENT OF HIGH-GRADE RECYCLED CONTENT PET FOR USE IN BOTTLES USED BY CO.COCA-COLA CO - A 10 KMT INDUSTRIAL PLANT IS UNDER CONSTRUCTION IN NETHERLANDS FOR COMMISSIONING IN 2019.  Full Article

The Coca-Cola Company To Sell Iconic Building At 711 Fifth Ave. In New York
Monday, 10 Dec 2018 

Dec 10 (Reuters) - Cushman & Wakefield PLC ::PRESS RELEASE - THE COCA-COLA COMPANY TO SELL ICONIC BUILDING AT 711 FIFTH AVE. IN NEW YORK.CUSHMAN & WAKEFIELD PLC - PROPERTY WILL BE BROUGHT TO MARKET IN EARLY 2019.CUSHMAN & WAKEFIELD PLC - COCA-COLA HAS DETERMINED THAT IT DOES NOT NEED TO RETAIN ITS INVESTMENT IN BUILDING TO SUPPORT ITS ACTIVITIES IN NEW YORK.  Full Article

Whitbread Says Sale Of Costa To Coca-Cola Gets Regulatory Approval In China
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - Whitbread Plc ::SALE OF COSTA TO COCA-COLA RECEIVES APPROVAL FROM CHINA REGULATOR.CLEARANCE IS STILL REQUIRED FROM EUROPEAN UNION UNDER EC MERGER REGULATION BEFORE COSTA TRANSACTION CAN COMPLETE.CLEARANCE RECEIVED FROM CHINA'S ADMINISTRATION FOR MARKET REGULATION FOR COCA-COLA COMPANY TO ACQUIRE COSTA, INCLUDING CHINA OPERATIONS.  Full Article

Coca-Cola has plans to launch two energy drinks under Coke brand
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Coca-Cola Co ::HAS PLANS TO LAUNCH TWO ENERGY DRINKS : COCA-COLA ENERGY AND COCA-COLA ENERGY NO SUGAR.SAYS COCA-COLA ENERGY WOULD BE PLANNED TO HAVE CAFFEINE FROM NATURALLY DERIVED SOURCES AND GUARANA EXTRACT.SAYS COCA-COLA ENERGY WILL ALSO HAVE NO SUGAR OPTION.SAYS DOES NOT KNOW TIMING OF THE LAUNCH OF PRODUCTS.  Full Article

Coca-Cola Is In Talks To Invest In Direct-To-Consumer Beverage Startup Dirty Lemon - Business Insider
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - :COCA-COLA IS IN TALKS TO INVEST IN DIRECT-TO-CONSUMER BEVERAGE STARTUP DIRTY LEMON - BUSINESS INSIDER.  Full Article

Coca-Cola Reports Strong Operating Results For Q3 2018
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Coca-Cola Co ::COCA-COLA REPORTS STRONG OPERATING RESULTS FOR THIRD QUARTER 2018.Q3 NON-GAAP EARNINGS PER SHARE $0.58 FROM CONTINUING OPERATIONS.Q3 EARNINGS PER SHARE $0.54 FROM CONTINUING OPERATIONS.Q3 REVENUE $8.2 BILLION VERSUS I/B/E/S VIEW $8.17 BILLION.Q3 EARNINGS PER SHARE VIEW $0.55 -- THOMSON REUTERS I/B/E/S.QTRLY ORGANIC REVENUES (NON-GAAP) GREW 6%.QTRLY UNIT CASE VOLUME GREW 2%, LED BY TRADEMARK COCA-COLA.COSTA ACQUISITION IS EXPECTED TO CLOSE IN FIRST HALF OF 2019.FOR Q4 2018 COMPARABLE NET REVENUES (NON-GAAP) SEES 7% HEADWIND FROM ACQUISITIONS, DIVESTITURES AND STRUCTURAL ITEMS.NORTH AMERICA UNIT CASE VOLUME GREW 1% IN QUARTER.QTRLY NET REVENUES DECLINED 9% IMPACTED BY A 13-POINT HEADWIND FROM REFRANCHISING OF CO-OWNED BOTTLING OPERATIONS.COCA-COLA - IN QUARTER, N. AMERICA VOLUME PERFORMANCE LED BY GROWTH IN SPARKLING SOFT DRINKS DUE TO DOUBLE-DIGIT GROWTH IN COCA-COLA ZERO SUGAR, AMONG OTHERS.  Full Article

The Coca-Cola Company Sets Regular Quarterly Dividend Of $0.39 Per Share
Thursday, 18 Oct 2018 

Oct 18 (Reuters) - Coca-Cola Co ::BOARD OF DIRECTORS OF THE COCA-COLA COMPANY DECLARES QUARTERLY DIVIDEND.SETS REGULAR QUARTERLY DIVIDEND OF $0.39PER SHARE.  Full Article

RPT-BUZZ-U.S. stocks weekly: "Real" deal

(Repeats from Friday, no changes to text. Updates chart) ** S&P 500 gains 2.5 pct, fueled by U.S.-China trade optimism. President Trump on Fri said the U.S. is closer than ever before to having a "real" trade deal with Beijing ** This as the DJI picked itself off the mat, moved higher, while the SPX reclaimed its 200-DMA ** Indeed, a little junk food can be a good thing ** Though different time frames can present a different picture. That said, the market's hot, maybe too hot