BevNET
Coke: Water, Sports Drinks Drive Solid Q1 Growth
The Coca-Cola Company enjoyed a solid start to 2019, surpassing analysts’ projections in reporting 6% growth in Q1 organic sales.
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by Coca Cola Company
Wells Fargo: Coke Energy Launch Suggests “Confidence” in Monster Arbitration
Against the backdrop of ongoing U.S. arbitration with Monster Energy, The Coca-Cola Company shared details of its plans to launch a new natural energy drink in Europe next month.
Fanta Debuts New Wild Cherry Flavor
One year after the launch of Fanta Green Apple, the brand is introducing a bold, highly anticipated flavor to its line-up with the launch of the new Fanta Wild Cherry – just in time for spring.
Teamsters: Survey Finds “Significant Disruption” in SoCal Coke Distribution
The International Brotherhood of Teamsters claimed today that strategic decisions made by Coca-Cola bottler and distributor Reyes Coca-Cola Bottling (RCCB) “have created significant disruption in the quality of service” for customers in Southern California, according to the results of a survey of over 100 retailers.
Nielsen: CSDs, Sparkling Water Make Gains
Snack and non-alcoholic beverages sales were up 4.1 percent in the four-week period ending on December 1, according to an analysis of Nielsen data by Wells Fargo Securities. The all channel report showed growing sales of carbonated soft drink (CSDs) across the category’s major players, including The Coca-Cola Company, PepsiCo, and Keurig Dr Pepper (KDP).
James Quincey Named Chairman of Coca-Cola Company
Coca-Cola president and CEO James Quincey was today named the company’s new chairman, assuming the role from his predecessor as chief executive, Muhtar Kent. Kent, a 40-year veteran of the company, will remain as chairman until April when he will formally retire following the company’s 2019 annual meeting.
Coca-Cola Canada Bottling Operations Returns to Canadian Ownership
Coca-Cola Canada Bottling Limited announced today that it has closed on a transaction to acquire Coca-Cola Refreshments Canada (CCRC) from The Coca-Cola Company. This closing comes six months after The Coca-Cola Company announced a letter of intent with the Tanenbaum and Bridgeman families, concluding a broader plan to refranchise all Company-owned bottling operations in North America to strong, independent franchise owners.
Press Clips: Hybrid Beverages Growing
A recent story in The Wall Street Journal explored the transition that major beverage companies are making into new categories.
Coke Acquires Costa Coffee For $5B
The Coca-Cola Company today announced it has reached an agreement for the acquisition of London-based coffee company Costa Limited. The deal, valued at $5.1 billion, is the largest brand acquisition in the company’s history and is expected to close in the first half of 2019.
Coke Acquires Moxie from New England Bottler
The Coca-Cola Company has purchased cult favorite soda brand Moxie from independent bottler Coca-Cola of Northern New England (CCNNE) for an undisclosed sum, the company announced today. The transaction is expected to close in the fourth quarter.
Taste Radio Ep. 125: Shake Shack’s Secret to Success is Surprisingly Simple
Shake Shack COO Zach Koff explains how the restaurant chain’s surprisingly simple business philosophy led to stunning success; Zak Normandin, CEO, Dirty Lemon takes us on a deep dive inside its innovative detox-to-your-doorstep business model.
Coke: Diet CSDs Fuel 5 Percent Growth
The Coca-Cola Company’s revamped diet and zero sugar soft drinks continue to bolster overall sales. On a call with investors and analysts, the beverage conglomerate announced organic revenue was up by 5 percent.
Fountain Service Moves Forward
The types of beverages being offered in fountain service is changing, and helping shift the way users interact with and think about their selections at the point-of-sale.
Coca-Cola Partners with 7-Eleven on World Cup Promotion
This summer, Coca-Cola, invites 2018 FIFA World Cup fans to celebrate like never before, at 7-Eleven stores.
