Coca-Cola Co KO Stock Price & News

The loosely termed contract proved to be problematic for the Coca-Cola Company for decades to come. Legal matters were not helped by the decision of the bottlers to subcontract to other companies, effectively becoming parent bottlers. This contract specified that bottles would be sold at 5¢ each and had no fixed duration, leading to the fixed price of Coca-Cola from 1886 to 1959. Stock has remained a steady, profitable, long-term investment for as long as anyone can remember. Amid worldwide saturation, cola wars, and wars against soft drinks themselves, the consumer staples stock continues to deliver returns, although perhaps at a somewhat slower pace than in decades past. In 2011, it acquired the remaining stake in Honest Tea, having bought a 40% stake in 2008 for $43 million. In 2015, the company took a minority stake ownership in the cold pressed juice manufacturer, Suja Life LLC. In December 2016, it bought many of the former SABMiller’s Coca-Cola operations.

Try the Trefis machine learning engine above to see for yourself how The Coca-Cola Company stock is likely to behave after any specific gain or loss over a period. Moreover, DotBig in past years, dividend hikes usually occur at the beginning of the year. This would indicate that investors who buy late in 2020 can assume a payout hike will come soon.

• "New Coke" remained available and was renamed Coke II in 1992; it was discontinued in 2002.
• Introduced in 1963, the product was sold until fall 2020, although its sales had dwindled since the introduction of Diet Coke.
• Pemberton’s bookkeeper, Frank M. Robinson, is credited with naming the product and creating its logo.
• The company’s 2009 bid to buy Chinese juice maker Huiyuan Juice Group ended when China rejected its $2.4 billion bid, on the grounds the resulting company would be a virtual monopoly.
• However, several sources state that while Coca-Cola does have a rule restricting access to only two executives, each knows the entire formula and others, in addition to the prescribed duo, have known the formulation process.

These included Minute Maid Juices to Go, Powerade sports beverage, flavored tea Nestea (in a joint venture with Nestlé), Fruitopia fruit drink, KO stock and Dasani water, among others. In 2001, the Minute Maid division launched the Simply Orange brand of juices including orange juice.

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The Coca-Cola Company owns a 68.3% stake in Coca-Cola Bottlers Africa. Coca-Cola Bottlers Africa’s headquarters located https://dotbig.com/markets/stocks/KO/ in Port Elizabeth South Africa. The company acquired the Indian cola brand Thums Up in 1993, and Barq’s in 1995.

It was in May 2014 when Finley, a sparkling fruit-flavored drink, was launched in France. It was launched in other countries later, including Belgium and Luxembourg in September 2014.

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Coca-Cola has paid a dividend since 1920 and, as of 2019, had increased it each year for 57 years straight. Tab was Coca-Cola’s first attempt to develop a diet soft drink, using saccharin as a sugar substitute. Introduced in 1963, the product was sold until fall 2020, although its sales had dwindled since the introduction of Diet Coke. The Coca-Cola Company is an American multinational beverage corporation founded in 1892, best known as the producer of Coca-Cola. The Coca-Cola Company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. The company’s stock is listed on the NYSE and is part of the DJIA and the S&P 500 and S&P 100 indexes. Pepsi, the flagship product of PepsiCo, the Coca-Cola Company’s main rival in the soft drink industry, is usually second to Coke in sales, and outsells Coca-Cola in some markets.

Coca-Cola is the official soft drink of many collegiate football teams throughout the nation, partly due to Coca-Cola providing those schools with upgraded athletic facilities in exchange for Coca-Cola’s sponsorship. This is especially prevalent at the high school level, which is more dependent on such contracts due to tighter budgets. In South and Central America Kola Real, also known as Big Cola, is a coca cola stock growing competitor to Coca-Cola. On the French island of Corsica, Corsica Cola, made by brewers of the local Pietra beer, is a growing competitor to Coca-Cola. In Peru, Inca Kola outsells Coca-Cola, which led the Coca-Cola Company to purchase the brand in 1999. In Scotland, the locally produced Irn-Bru was more popular than Coca-Cola until 2005, when Coca-Cola and Diet Coke began to outpace its sales.

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Coca-Cola has a high degree of identification with the United States, being considered by some an "American Brand" or as an item representing America, criticized as Cocacolonization. After World War II, this gave rise to the brief production of White Coke by the request of and for Soviet Marshal Georgy Zhukov, who did not want to be seen drinking a symbol of American imperialism. The bottles were given by the President https://dotbig.com/ Eisenhower during a conference, and Marshal Zhukov enjoyed the drink. The bottles were disguised as vodka bottles, with the cap having a red star design, to avoid suspicion of Soviet officials. The best selling solo artist of all time Elvis Presley, promoted Coca-Cola during his last tour of 1977. For example, the company used a song performed by Presley, A Little Less Conversation, in a Japanese Coca-Cola commercial.

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His promotional suggestions to Pemberton included giving away thousands of free drink coupons and plastering the city of Atlanta with publicity banners and streetcar signs. Introduced in 2019 in various European markets, and released in the United States and Canada in January 2021. Available in dark blend, vanilla and caramel versions, and also in zero-sugar dark blend and vanilla variants. Golden Coca-Cola https://dotbig.com/markets/stocks/KO/ was a limited edition produced by Beijing Coca-Cola company to celebrate Beijing’s successful bid to host the Olympics. The kola nut acts as a flavoring and the original source of caffeine in Coca-Cola. Long after the syrup had ceased to contain any significant amount of cocaine, in North Carolina "dope" remained a common colloquialism for Coca-Cola, and "dope-wagons" were trucks that transported it.

Coca-Cola ranked No. 87 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. In general, the Coca-Cola Company and its subsidiaries only produce syrup concentrate, which is then sold to various bottlers throughout the world who hold a local Coca-Cola franchise. Coca-Cola bottlers, who hold territorially DotBig exclusive contracts with the company, produce the finished product in cans and bottles from the concentrate, in combination with filtered water and sweeteners. The bottlers then sell, distribute, and merchandise the Coca-Cola product to retail stores, vending machines, restaurants, and food service distributors.

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As of 2014, the drink is targeted for adults, and is low in sugar with four flavors. DotBig As of 2020, the Coca-Cola Company offers more than 500 brands in over 200 countries.