When you imagine taking a refreshing sip of your favorite soft drink, what does that look like? Popular brands like Sprite, Powerade, Coca-Cola, and Schweppes might come to mind. These awesome brands are all part of The Coca-Cola Company family!
They're the experts when it comes to creating, marketing, and distributing delicious soft drink concentrates and syrups. And it doesn't stop there - they've got a wide range of juice and fizzy drink products too! Coca-Cola makes sure their tasty creations reach retailers and wholesalers both in the United States and around the world.
Now, let's unveil some of their amazing global brands.👇
Disclaimer: The brands may not be limited to the logos on the image and may change. The use of logos are for educational purposes only.
Here’s a full list of beverages under Coca-Cola Company.
Financials, share buybacks and dividends
For the three months ending on March 31, 2023, The Coca-Cola Company had a 5% increase in revenue, reaching $11 billion. The global unit case volume also grew by 3%.
But that's not all - let's talk about operating margins. Operating margins are like the secret ingredient that determines how much operating income a company retains from its revenue. The Coca-Cola Company's operating margins were at 30.7%.
James Quincey, Chairman and CEO of The Coca-Cola Company, commented on the latest financials, saying, "Our system alignment is stronger than ever, and our networked organization is allowing us to adapt as needed. We continue to invest for the long term, strengthening our capabilities to drive sustainable value for our stakeholders."
The beverage giant had a balance sheet of $12 billion in cash and equivalents. View the full results here.
In January 2023, Seeking Alpha reported that Coca-Cola bought back shares worth $1.3 billion, adding that: "A good chunk of these buybacks went towards employee stock options, but investors can expect Coca-Cola to continue to buy back stock and reduce shares outstanding."
Coca-Cola Co. has a tradition of paying dividends on a quarterly basis. Last year, they paid $1.76 per share in dividends. As of writing, they've already paid out twice this year.
Are they expanding?
No significant acquisitions were made during 2022, and the company said it will continue to evaluate inorganic growth opportunities through brands and capabilities.
The company has been moving into the alcohol market, where it has partnered with various big names. John Murphy, Coca-Cola CFO, said on Yahoo Finance Live, "There is a lot of white space out there [in alcohol]. We believe that we have a right to both compete and to play in that space, and we are exploring."
In March, it launched the Jack Daniel's & Coca-Cola cocktail in the US. "It follows how people have enjoyed the pairing of these two iconic brands for generations," added Dan White, Chief of New Revenue Streams for The Coca-Cola Company, referring to the Jack Daniel's & Coca-Cola RTD - a pre-mixed, canned cocktail. This product is expected to reach Europe, Asia, Latin America, and Africa later this year.
It’s also worth noting that by the end of 2021, it acquired 85% of BodyArmor after initially buying 15% in 2018.
Earnings
The company is expected to release its earnings in July 2023. To invest in Coca-Cola, you can click here or head over to your EasyUSD account.