Despite a 5 percent increase in organic sales in the fourth quarter, The Coca-Cola Company’s poor 2019 outlook resulted in the company’s largest single day drop in stock price since 2008 following its Q4 and full year earnings report.
Report finds emails between the Centers for Disease Control and Prevention (CDC) and The Coca-Cola Company; Coke apologizes for Delta Airlines napkin ads; Maine coffee shop claims trademark infringement on "CBD Coffee"; Forbes profiles Natalie's Orchid Island Juice Company
The Coca-Cola Company announced last week its first flavor extension for the flagship line in 12 years: Orange Vanilla, available in original Coke and Coke Zero Sugar varieties, launching nationwide this month. The flavor extension is one of several recent innovations for Coke’s core CSD products over the past two years.
Non-alcoholic beverage and snack sales across all retail channels grew by 7.9 percent in the four-week period ending January 26, according to an analysis of Nielsen data by Wells Fargo Securities. Analysts attributed the growth to “favorable New Year’s timing” and strong pricing for carbonated soft drinks (CSD).
The new year has kicked off with several new launches and line extensions, as January’s new product gallery features Dirty Lemon’s first release in a year of new monthly SKUs, Coca-Cola’s foray into non-alcoholic adult beverages and several launches which suggest the CBD beverage trend will continue to surge forward in 2019.
All three major beverage manufacturers enjoyed individual sales increases during the four-week period ending on Dec. 29, with all-channel dollar sales up 5.8 percent, according to an analysis of Nielsen data by Wells Fargo Securities.
Cognitive function brand BrainJuice saw its retail footprint rise from 150 to nearly 4,000 stores last year, adding Whole Foods Market and more than 1,000 GNC stores this month; Coca-Cola names Boxed exclusive retailer for Smartwater alkaline and antioxidant lines.
The Coca Cola Company’s Venturing and Emerging Brands (VEB) unit announced the departure of president and general manager Scott Uzzell this morning, as the 18-year company veteran will leave next month to become president and CEO of footwear and apparel company Converse, a division of Nike, Inc.
The Coca-Cola Company announced today it has taken a minority stake in Iris Nova, the parent company of functional beverage brand Dirty Lemon, leading a $15 million investment round that also included former baseball star Alex Rodriguez.
Changes are afoot at The Coca-Cola Company’s Venturing and Emerging Brands (VEB) unit, with an internal memorandum detailing structural changes set to take effect in the new year, including staff reductions and a shifting of select brands into the broader Coke system.
The first-ever U.S. Access to Nutrition Index, produced by the Access to Nutrition Foundation (ATNF), an independent non-profit organization, assigns a numerical score on a scale of one to 10 based on an evaluation of what the top ten food and beverage companies in the U.S. are doing to increase consumers’ access to healthy and affordable products.
An increase in dollar sales for sparkling flavored waters and energy drinks helped offset slow growth in carbonated soft drinks (CSDs) and a decrease in tea over a four-week period ending on Nov. 3, according an analysis of Nielsen data by Wells Fargo Securities. Total snack and non-alcoholic beverage sales were up 2.9 percent.
Monster is fighting against increased competition in the energy space, CEO Rodney Sacks said during the company’s Q3 earnings report yesterday, including from one of its most prominent shareholders: The Coca-Cola Company.