Latest news with #Coca-ColaClassic
Yahoo
24-07-2025
- Business
- Yahoo
Here's How Much Warren Buffett Pockets Every Time You Buy a Bottle of Coke
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Warren Buffett once joked that a quarter of his body is made up of Coca-Cola because of how much of it he drinks every day. And it's no wonder he loves it so much considering he profits from every bottle, can and fountain pour sold around the world. Thanks to his company's decades-old stake in the soft drink giant, those profits keep rolling in whether the stock price is up, down or flat. Through Berkshire Hathaway, Buffett owns 400 million shares of The Coca-Cola Company (NYSE:KO). The $1.3 billion investment he made between 1988 and 1994 is now worth over $27 billion, and it spits out over three-quarters of a billion dollars a year in dividends alone. But how much does Buffett actually make every time someone buys a Coke? Let's Break It Down In 2024, Coca-Cola sold approximately 33.7 billion unit cases of beverages globally. A unit case represents 24 eight-ounce servings (the size of Coke's classic glass bottle), which adds up to about 808.8 billion servings sold in total last year. According to the company's annual report, trademark Coca-Cola products— Coca-Cola Classic, Diet Coke, Coke Zero Sugar, and other Coke-branded drinks—accounted for 47% of all volume. That means around 15.8 billion unit cases, or roughly 379.2 billion individual 8-ounce servings, were trademark Coke. Coca-Cola generated $47.06 billion in revenue in 2024, with an estimated $22.1 billion (or 47%) of that coming from trademark Coke products. Net income was $10.63 billion, which means an estimated $5 billion in profit came from Coke-branded beverages. And dividends? Coca-Cola paid out a total of $8.36 billion in dividends to shareholders in 2024. If we again assume that ~47% of that came from trademark Coke, that's around $3.93 billion in dividends tied to the company's namesake drink. That boils down to about $0.01036 in dividends per 8 oz serving of Coca-Cola sold. Check Out: Wall Street has been quietly buying up equity in owner-occupied homes, and the strategy is kind of genius. Here's how one company is using it to produce 15%+ annual returns for its investors. So What Does Buffett Get? Berkshire Hathaway received $776 million in Coca-Cola dividends last year. That's nearly 9.3% of all dividends paid by the company, and it means Buffett earns roughly $0.00096 for every 8-ounce serving of Coke sold worldwide. In other words, Buffett makes just under one-tenth of a penny every time someone drinks a Coke. It doesn't sound like much until you multiply it by nearly 400 billion. And keep in mind, Buffett hasn't reinvested in Coca-Cola since the early 1990s. He still owns the same number of shares. But the dividend keeps going up. Coca-Cola raised its dividend earlier this year and is expected to pay out a total of $2.04 per share in dividends in 2025. That increase marks 63 consecutive years of dividend growth, pushing Berkshire's annual yield on its original investment to nearly 63%. This Is What Passive Income Looks Like Buffett's Coca-Cola investment is the textbook example of "money working while you sleep." He bought once, held forever and now collects over $2 million per day in dividends from a single stock. That's the power of income-producing investments. When you own assets that generate consistent cash flow, you don't have to constantly chase gains or time the market. You can find high-yield investments matching your individual goals with this simple 30-second quiz. You'll discover overlooked passive investment ideas with 8%+ yields. Coca-Cola's Still Popping Despite operating in a slow-growth industry, Coca-Cola remains one of the most reliable dividend payers on the market. The company is a member of the exclusive "Dividend Kings" list, companies that have raised their dividends for at least 50 consecutive years. The stock currently trades at around $69, with a forward dividend yield of 2.93%. And Wall Street still sees some upside. This week, JPMorgan raised its price target on Coca-Cola from $77 to $79, signaling confidence in the company's long-term stability. A 2.93% yield might not turn heads next to Buffett's 63%, but back in 1994, when Berkshire finished buying its shares, Coca-Cola's dividend yield was right around the same. The difference is Buffett held on for three decades and let time do the heavy lifting. You might not make a penny every time someone buys a Coke. But with patience and a long-term vision, you can start building income that pays you while you sleep. Don't Miss: See how a $25,000 investment in home equity could outperform stocks in a high-rate economy. Don't Pass Up Solid Growth To Chase Dividends Not every great investment comes with dividends. Some quietly build value in the background, and offer even greater rewards to those who are patient.A perfect example of this is home equity. That's the strategy behind Homeshares and the U.S. Home Equity Fund. Investors gain access to the long-term upside of residential real estate, at an accelerated rate, with significant downside protection built in. It's a modern approach to wealth-building that doesn't depend on cash flow today, but on smart positioning for Shutterstock This article Here's How Much Warren Buffett Pockets Every Time You Buy a Bottle of Coke originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
UPI
10-07-2025
- Business
- UPI
On This Day, July 10: Scopes 'Monkey Trial' begins in Tennessee
1 of 8 | Photograph shows William Jennings Bryan (seated, left, with fan) and Clarence Darrow (standing, center, with arms folded) at an outdoor courtroom during the Scopes Trial (Tennessee v. Scopes) in Dayton, Tenn., in July 1925. UPI File Photo July 10 (UPI) -- On this date in history: In 1925, the so-called Monkey Trial, in which John Scopes was accused of teaching evolution in school, a violation of state law, began in Dayton, Tenn., featuring a classic confrontation between William Jennings Bryan, the three-time presidential candidate and fundamentalist hero, and legendary defense attorney Clarence Darrow. In 1962, the United States launched the first telecommunications satellite, Telstar, into orbit, which relayed TV pictures between the United States and Europe. In 1985, Coca-Cola, besieged by consumers dissatisfied with the new Coke introduced in April, dusted off the old formula and dubbed it "Coca-Cola Classic." File Photo by Stephen Shaver/UPI In 1989, Mel Blanc, the voice of Bugs Bunny, Daffy Duck and countless other Warner Bros. cartoon characters and radio and TV comic creations, died from complications of heart disease. He was 81. In 1991, Boris Yeltsin was inaugurated as the first freely elected president of the Russian republic. In 1992, former Panamanian dictator Manuel Noriega was sentenced to 40 years in prison for cocaine racketeering. In 2009, General Motors completed its race through bankruptcy with the signing of a contract with the U.S. government, which got 61 percent of the company. The recovery plan included considerable shrinkage, including the closing of factories and layoffs of 21,000 union workers. Then-General Motors CEO Fritz Henderson attends a press conference in New York City on June 1, 2009. File Photo by John Angelillo/UPI In 2011, media mogul Rupert Murdoch's News of the World, Britain's best-selling weekly newspaper, abruptly ceased publication amid allegations that its reporters and investigators had hacked into telephones of royalty, politicians, celebrities, homicide victims, families of fallen soldiers and others to illegally gain material for stories. In 2012, an Israeli court acquitted former Prime Minister Ehud Olmert of corruption but found him guilty of breach of trust. The charges stemmed from a period before he was PM. In 2018, divers rescued the last of the 12 boys and their soccer coach from a flooded cave in Thailand, where they'd been trapped for more than two weeks. In 2022, Serbian Novak Djokovic defeated Australian Nick Kyrgios to win his fourth-straight and record-tying seventh Wimbledon men's singles title. File Photo by Hugo Philpott/UPI
Forbes
14-05-2025
- Entertainment
- Forbes
HBO Max Is Back: When Brands Retreat To Their Original Names
HBO Max is reverting to its original branding after two years as "Max" Warner Bros. Discovery just announced what at least a few branding experts saw coming: the streaming service known as Max is reverting to its previous name, HBO Max. This is the fifth name change for the company's streaming service, having cycled through HBO Go (2008), HBO Now (2015), HBO Max (2020), Max (2023), and now HBO Max again (2025). The company's reasoning for the original change from HBO Max to just "Max" seemed logical enough at the time. In 2023, executives worried that the HBO brand – long associated with premium adult content – might not be the right anchor for a general entertainment streaming service that included reality shows from Discovery's portfolio. They feared these shows might "water down" the prestigious HBO brand. According to the New York Times, the reality was simpler than marketing theory. Subscribers paying $17 monthly for Max were primarily watching HBO content like The White Lotus and The Last of Us, along with new movies and documentaries – not the Discovery reality show catalog. "It really is a reaction to being in the marketplace for two years, evaluating what's working and really leaning into that," Casey Bloys, HBO content chairman, explained. In other words, the HBO brand continued to be the real draw for subscribers. The 2023 rebrand to "Max" had mainly caused confusion among both industry insiders and consumers. People wondered if HBO was being phased out or diminished, the opposite of what the company intended. This reversal highlights a crucial lesson many brands learn the hard way: sometimes your established brand equity is more valuable than you realize. Warner Bros. Discovery isn't the first major company to retreat to a previous brand identity after a failed rebrand. In fact, they're joining a distinguished club of brand "boomerangs" – companies that tried new names only to return to their roots: Coca-Cola (1985): In what's often called the biggest marketing blunder of the 20th century, Coca-Cola abandoned its classic formula and branding for "New Coke." After just 79 days of consumer protests and backlash, the company brought back the original as "Coca-Cola Classic." The lesson? Don't mess with a brand that's deeply embedded in consumer hearts and memories. Tribune Publishing → tronc → Tribune Publishing (2016-2018): The venerable newspaper company bizarrely rebranded itself as "tronc" (with a lowercase 't', short for "Tribune Online Content") in 2016. The rebrand became an immediate laughingstock, described by critics as out-of-touch corporate jargon. After two painful years, the company dropped the silly name and restored its respected Tribune Publishing identity. SurveyMonkey → Momentive → SurveyMonkey (2021-2023): The online survey provider rebranded as "Momentive" in 2021 to appear more enterprise-ready and shed its playful image. After two years, they discovered their brand recognition was too strong to abandon. The Momentive name only caused confusion, and the company reverted to SurveyMonkey in 2023, admitting the original name had more customer recognition and trust. Warner Bros. Discovery's struggle to find the right identity for its streaming service reflects a larger challenge many traditional companies face: how to transition cherished legacy brands into the modern era without losing what made them special. The HBO brand has exceptional value – it stands for quality, prestige, and innovation. Removing it from the service name diluted that value rather than expanding the service's appeal. What Warner Bros. Discovery now seems to understand is that HBO isn't just a content provider within their streaming service. Rather, it's the primary reason people subscribe. What can marketing leaders learn from this latest brand reversal? Bloys summed up the challenge well, noting that the transition to streaming has been tricky for many cable companies. HBO "and a bunch of other companies are trying to navigate that," he said, before adding hopefully, "That said, I do hope this is the last time we have a conversation about the naming of the service." Don't we all.
The Sun
05-05-2025
- Health
- The Sun
Coca-Cola cans recalled over ‘plastic contamination' in 900 cases – two states are affected
COCA-COLA has issued a massive recall involving over 800 items across two states. The US Food and Drug Administration (FDA) sent out a critical alert about the beverage being contaminated with plastic. 2 2 The agency issued an alert over the 864 12-packs of Coca-Cola that were sold in two states earlier this month. On Monday, the FDA classified the alert as a Class II recall meaning it is now "a situation in which use of or exposure to a violative product may cause temporary or medically reversible adverse health consequences or where the probability of serious adverse health consequences is remote." The contaminated packs were made by the Reyes Coca-Cola Bottling, LLC, in Milwaukee, Tennessee, according to the recall. "Reyes Coca-Cola Bottling is voluntarily recalling 864 cases of 12-pack Coca-Cola Classic in 12-oz cans in Illinois and Wisconsin," a company spokesperson told USA Today through email. "The cases are being withdrawn because they did not meet our high-quality standards." "We are taking this voluntary action because nothing is more important to us than providing high-quality products to the people who drink our beverages," they added. Consumers who bought a pack of the popular soda in Illinois or Wisconsin were asked to check for a recall notification from authorities. Those two who purchased the product will be contacted through two or more of the following methods: email, fax, letter, press release, telephone call, or visit. There isn't any specific guidance on how to proceed if a consumer has bought the product already. However, generally, the agency advises consumers to discard the item without consuming it. 'Contaminated' drink recalled over 'toxic substance' inside – 173k bottles were sold at stores like Walmart and Target Coca-Cola did not immediately reply to The U.S. Sun's request for comment. This comes as consumers are dealing with another recall of a very common grocery staple. Customers were cautioned about consuming contaminated tomatoes from two different manufacturers — Williams Farms Repack LLC and Ray & Mascari Inc. The tomatoes were recalled after a possible risk of Salmonella, according to the alert. "Salmonella is an organism which can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems," the FDA wrote. "Healthy persons infected with Salmonella often experience fever, diarrhea (which may be bloody), nausea, vomiting and abdominal pain." If Salmonella gets into the bloodstream, there is a chance of contracting more serious illnesses like arterial infections, endocarditis, and arthritis. There have been no reported illnesses relating to Salmonella yet, but consumers who are experiencing symptoms were asked to contact the distributors. In 2025, the FDA issued recall alerts for over 50 food and beverage products. The agency also provides email notifications and updates regarding food, drugs, cosmetics, and medical devices.
Yahoo
29-03-2025
- Health
- Yahoo
Check Your Fridge—Coca-Cola Has Recalled Nearly 900 Soda Cases
"Hearst Magazines and Yahoo may earn commission or revenue on some items through these links." Before you crack open your next can of Coca-Cola, there's yet another food recall you should absolutely know about. According to a report shared by the U.S. Food & Drug Administration (FDA), select cans of Coca-Cola Original Taste have been voluntarily recalled due to the presence of a foreign object, specifically plastic. The original recall occurred earlier this month and has since been updated to "Class II" by the FDA. The organization states that a Class II recall is one that "may cause temporary or medically reversible adverse health consequences or where the probability of serious adverse health consequences is remote." Nearly 900 cases of the sodas, which were available in 12-count packs, were recalled from the states of Illinois and Wisconsin. At this point, no other states are included in the recall. The FDA reports that the recalled sodas were bottled and distributed by Reyes Coca-Cola Bottling, LLC, in Milwaukee. For a list of the affected UPC codes, visit the FDA's site. "Reyes Coca-Cola Bottling is voluntarily recalling 864 cases of 12-pack Coca-Cola Classic in 12-oz cans in Illinois and Wisconsin," a company spokesperson said Wednesday in an emailed statement to USA TODAY. "The cases are being withdrawn because they did not meet our high-quality standards. We are taking this voluntary action because nothing is more important to us than providing high-quality products to the people who drink our beverages." The FDA has not provided specific advice for handling recalled sodas. However, standard procedure is to, of course, not drink them and return them to the place of purchase for a full refund. This latest recall serves as just one of many that have occurred due to the presence of a foreign material. Most recently, an assortment of Stouffer's and Lean Cuisine frozen entrées were recalled due to the possible presence of "wood-like" material. You Might Also Like Can Apple Cider Vinegar Lead to Weight Loss? Bobbi Brown Shares Her Top Face-Transforming Makeup Tips for Women Over 50
