Tue, Feb. 9, 7:58 AM
- Coca-Cola (NYSE:KO) rode cost-cutting to a Q4 EPS beat.
- Global volume during the quarter was up 3%, led by a 6% volume increase in still beverages. Both sparkling and still beverages showed positive volume growth in the U.S.
- Price/mix improved by 2% during the quarter.
- The company sets 2016 EPS currency-neutral guidance to a range of 4% to 6% growth over last year's mark.
- Previously: Coca-Cola picks up pace of North American refranchising (Feb. 09 2016)
- Previously: Coca-Cola beats by $0.01, beats on revenue (Feb. 09 2016)
- KO -0.68% premarket to $42.36.
Tue, Feb. 9, 7:43 AM
Tue, Feb. 9, 7:26 AM
- Coca-Cola (NYSE:KO) announces it will refranchise all North American territories by the end of 2017. A timetable that is three years ahead of the original schedule of the company.
- As part of the accelerated bottling plan, Coca-Cola will sell the 39 remaining North America cold-fill production facilities it operates.
- KO -0.68% premarket to $42.36 on light volume.
Mon, Feb. 8, 5:30 PM
Sun, Feb. 7, 10:16 AM
- New products and fresh marketing campaigns will be highlighted during today's Super Bowl.
- Anheuser-Busch InBev (NYSE:BUD): The Bud Light Party is back and Shock Top breaks new ground for craft beers with a SB call-up.
- Audi (OTCPK:VLKAY): No apologies from Volkswagen, as it looks ahead with an Audi ad featuring David Bowie classic Starman.
- Unilever (NYSE:UL): The AXE brand will be pushed to the Y-chromosome set in a key spot.
- Buick: General Motors (NYSE:GM) continues to work on making Buick cool with younger generations. NFL star Odell Beckham and actress Emily Ratajkowski feature today.
- Coca-Cola (NYSE:KO) - Disney (NYSE:DIS): The two iconic companies will feature together when Coca-Cola promotes Marvel characters with its products.
- Fitbit (NYSE:FIT): The tech firm will throw a Hail Mary in the third quarter with a 30-second spot on its Blaze model. Shares of Fitbit are off 47% YTD.
- Newell-Rubbermaid (NYSE:NWL): Marmot will be promoted in a Super Bowl ad for the first time. The outdoor gear brand has seen momentum build over the last few months.
- Taco Bell (NYSE:YUM): A new product will be unveiled during the game. The timing is key with McDonald's All-Day Breakfast initiative showing strong results in the U.S.
- Kia (OTC:HYMLF): The South Korean automaker rolls out Christopher Walken for an Optima ad. Walken brings a viral potential to any setting.
- AdAge's full Super Bowl breakdown
Fri, Feb. 5, 8:29 PM
- Privately held Chobani says it has rejected overtures from PepsiCo (NYSE:PEP) to take a stake, preferring to go it alone in a contentious yogurt market.
- The sticking point was the size of the stake, Bloomberg reports: Pepsi wanted a majority share, while Chobani wanted to sell a minority stake. The move effectively ends talks of a tie-up.
- Chobani has reportedly smoothed over struggles from rapid growth that included a massive yogurt plant in Idaho, and the company now plans to self-fund expansion, including a move into Mexico.
- It looks like the end of a proxy war that could have valued Chobani at $3B. In the fall, rival Coca-Cola (NYSE:KO) ended talks to invest in Chobani, deciding it wasn't a great fit.
- PepsiCo had ended its joint yogurt venture with Muller in December by closing a western New York plant that had opened in 2013.
Fri, Feb. 5, 6:58 PM
- Coca-Cola (NYSE:KO) was upgraded today to Neutral from Negative with a $40 price target, raised from $33, at Susquehanna, which speculates that KO could become a potential target for Anheuser-Busch InBev (NYSE:BUD) - following the merger deal with SABMiller - in the future if BUD decides it wants to enter the soft drink market.
- The firm also feels KO's North American profitability could be improved by better pricing in the U.S. and refranchising efforts; it also thinks KO could help its global growth platform with further M&A of its own, suggesting WhiteWave Foods (NYSE:WWAV) as a possibility.
- KO's fundamentals remain challenging, Susquehanna says, as 75% of earnings come from outside North America; dietary concerns remain an issue, especially around diet drinks; and the company’s ability to build a larger presence outside carbonated soft drinks remains questionable.
Tue, Feb. 2, 9:00 AM| Tue, Feb. 2, 9:00 AM | 1 Comment
- January monthly performance was: -4.6%
- 52-week performance vs. the S&P 500 is: -1%
- $0.02 in dividends were paid in January
- Top 10 Holdings as of 12/31/2015: Coca-Cola Co (KO): 4.05%, Microsoft Corp (MSFT): 3.61%, Apple Inc (AAPL): 3.27%, Altria Group Inc (MO): 3.17%, AbbVie Inc (ABBV): 2.84%, International Business Machines Corp (IBM): 2.21%, McDonald's Corp (MCD): 2.01%, Intel Corp (INTC): 1.95%, Cisco Systems Inc (CSCO): 1.9%, Home Depot Inc (HD): 1.84%
Mon, Feb. 1, 9:17 AM
- Coca-Cola (NYSE:KO) announces it made a strategic investment in Chi Limited in a partnership with Tropical General Investments Group.
- Chi is a Nigerian company active in the dairy, juices, and snacks businesses with several well-known brands.
- Under the terms of the deal, Coca-Cola took a 40% stake in Chi and tipped its intention to buy out all the shares within three years.
Sun, Jan. 31, 9:37 AM
- Coca-Cola (NYSE:KO) has taken a 40% stake in Nigerian juice and snack producer Chi, as it continues to expand in Africa to tap a young and fast-growing population.
- One industry source said Coca-Cola was paying a "triple-digit-million-dollar" amount for the stake.
- Coke "intends to increase ownership within three years, subject to regulatory approvals while working on other long-term commercial structures", the company said in a statement.
Fri, Jan. 29, 1:41 PM
- Susquehanna notes that a strong U.S. dollar is likely to force 2016 EPS estimates lower on major global food and beverage names.
- The blended drop vs. the U.S. dollar of the Euro, Canadian Dollar, UK Pound, Mexican Peso, and Brazilian Real is -10%, analyst Pablo Zuniac. Other firms are likely to have factored in a less disruptive F/X market with their 2016 estimates.
- Companies in harm's way include KO, MDLZ, BUD, TAP, GMCR, WWAV, CCE, KHC, and K.
- Related ETF: PBJ.
Fri, Jan. 29, 12:39 PM
- Monster Beverage (MNST -3.3%) is lower on the day after starting out in positive territory.
- A new short take from Citron Research may be holding some sway with investors.
- The firm notes that on a valuation (EV/TTM rev) basis that shares of MNST looks more expensive than FANG stocks and carry triple the multiple of beverage peers.
- Citroen's price target on Monster is $80.
- Coca-Cola (NYSE:KO) has a strategic partnership with Monster and hold a stake of almost 17%.
- Citron Research research note on MNST (.pdf)
Fri, Jan. 29, 11:08 AM
- The National Retail Federation expects Super Bowl spending to increase 5.5% to $82.19 per viewer/partygoer.
- Viewership is anticipated to rise 2.8% to 188.9M for the February 7th game.
- Companies which traditionally benefit from an intriguing Super Bowl matchup include Party City (PRTY +1%), Buffalo Wild Wings (BWLD +0.4%), Domino's Pizza (DPZ +1%), Papa John's (PZZA +0.6%), and Pizza Hut (NYSE:YUM).
- Consumer products giants like Anheuser-Busch InBev (NYSE:BUD), PepsiCo (NYSE:PEP), and Coca-Cola (NYSE:KO) will use the event to launch new marketing campaigns.
- Previously: Shock Top looks like a Super Bowl winner (Jan. 28 2016)
Mon, Jan. 25, 12:00 PM
- Tobacco stocks and soft drinks names are mild outperformers on the day.
- Despite soft consumer spending trends, some retail analysts think 2016 sales for beer, cigarettes, and soft drinks will pick up in the U.S. as gas prices remain at low levels.
- Gainers today on a down market day include Dr. Pepper Snapple (DPS +1%), PepsiCo (PEP +0.7%), Coca-Cola (KO +0.7%), Coca-Cola Bottling Company (COKE +2.6%), Coca-Cola Enterprises (CCE +1.1%), Reynolds American (RAI +1.7%), Altrai (MO +1%), Philip Morris (PM +0.5%), and Anheuser-Busch InBev (BUD +0.7%).
- Speculation that anti-soda and cigarette advocate Michael Bloomberg might run for president doesn't appear to be creating even a ripple of worry.
- Previously: Michael Bloomberg is seriously considering running for president (Jan. 23 2016)
Tue, Jan. 19, 1:55 PM
- Coca-Cola (KO +1%) announces it has shifted gears with its global marketing strategy, replacing "Open Happiness" with a new "Taste the Feeling" campaign.
- The company will use a "one-brand" approach to marketing that will unite brands in the same advertising spots with a goal to increase dollar sales - instead of a strict focus on volume.
Tue, Jan. 12, 8:07 AM
The Coca-Cola Co. is a beverage company, which provides diet and regular sparkling beverages and still beverages. The company's portfolio of brands include Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitaminwater, Powerade, Minute Maid, Simply and Georgia. It operates through seven segments:... More
Sector: Consumer Goods
Industry: Beverages - Soft Drinks
Country: United States
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