Latest news with #Coca-ColaCompany
Yahoo
3 days ago
- Business
- Yahoo
The Coca-Cola Company (KO) Might Be Clawing Back Market Share, Believes Jim Cramer
We recently published a list of . In this article, we are going to take a look at where Coca-Cola Company (NYSE:KO) stands against other stocks that Jim Cramer discusses. The Coca-Cola Company (NYSE:KO) is the largest carbonated beverage company in the world. Cramer has discussed the firm several times this year. In April, he wondered whether the firm's shares could stick with their momentum as they had managed to weather the storm in the consumer products sector. The Coca-Cola Company (NYSE:KO)'s peer Pepsi has struggled recently as weight loss drugs change the firm's end-market. The shares are up by 16% year-to-date and have gained 3.8% in May. The gains appear to have come on the back of lowering trade tensions between the US and China. Here are Cramer's recent comments about The Coca-Cola Company (NYSE:KO): 'I actually like Coke, Coke may be coming back [in] market share.' A row of factory workers assembling bottles of sparkling soft drinks on a conveyor belt. As markets sold off in April after the tariff announcements, The Coca-Cola Company (NYSE:KO's shares actually gained 3% to reflect the firm's defensive nature. In fact, the share price gain reflected Cramer's prescience as he had remarked before the tariff announcements: 'In terms of shorting, like if you wanna short, do you short Coca-Cola? No, cause Coca-Cola in 2000, after the NASDAQ broke, was really a terrific stock to own.' Overall, KO ranks 3rd on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of KO, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than KO and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Time of India
3 days ago
- Business
- Time of India
Coca-Cola eyes next billion-dollar brand from India amid resilient demand, says COO Braun
The Coca-Cola Company is optimistic about expanding its portfolio of billion-dollar brands, with India playing a key role in this growth trajectory, said Henrique Braun, Executive Vice President and Chief Operating Officer, on Thursday. Speaking during his visit to Mumbai, Braun highlighted the significance of India in the company's global growth strategy. He noted that Coca-Cola currently has three billion-dollar brands originating from India — ThumsUp, Maaza, and Sprite — which reflects the strength and vibrancy of the Indian beverages market, PTI reported. 'We have today 30 billion-dollar brands (globally) of which 15 were built organically and 15 we acquired and built into billion-dollar brands over the years,' Braun said, expressing confidence that more Indian brands would join this elite club in the future. Industry sources indicate that Coca-Cola's flagship cola drink in India may soon enter the billion-dollar revenue club as well. 'I have no doubt that we will have another one coming in the future because we believe in the vibrance of the country and the industry,' Braun added. India is currently Coca-Cola's fifth-largest market by volume growth, and the company is continuing to build what Braun described as the "right foundations" for long-term sustainable expansion. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Bolsas nos olhos? (Tente isso hoje à noite) Revista Saúde & Beleza Saiba Mais Undo He also acknowledged India's evolving status in global rankings, influenced by various market conditions and geopolitical factors. On the broader demand landscape, Braun observed: 'We continue to see resilience in the demand. It's never a straight line, but if you compare year on year, in a bigger time frame, it continues to be resilient. There might be variations, but it's a market with growing demand.' Coca-Cola already has seven of the top ten beverage brands in the Indian market and plans to continue building and localizing its portfolio. However, Braun noted that the decision to introduce more global brands will depend on the timing and maturity of the Indian market. India remains one of the highest-taxed markets globally for carbonated beverages, attracting a GST of 28 per cent along with an additional cess of 12 per cent. On the issue of whether a reduction in tax rates could spur growth, Braun was measured: 'We have learned in 139 years that we have to deal with the local framework. We focus more on what we can control.' Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
3 days ago
- Business
- Time of India
Coca-Cola expects more brands to join billion-dollar club, says its COO Henrique Braun
Global beverages major The Coca-Cola company expects more brands to join the billion-dollar club from markets including India, said its EVP and Chief Operating Officer, Henrique Braun, on Thursday. The Coca-Cola Company has 3 billion-dollar brands from the India market - ThumsUp, Maaza and Sprite, which shows the "vibrance" of the business here, he said. "We have today 30 billion-dollar brands (globally) of which 15 were built organically and 15 we acquired and built into billion-dollar brands over the years," Braun said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Knee pain prices might surprise you Knee pain | search ads Find Now Undo He expects that more brands from India will also join the billion-dollar club in future and the company will take the lesson learned here to its other global markets. According to industry insiders, Coke is also expected to join the billion-dollar brand club in the Indian market soon."I have no doubt that we will have another one coming in the future because we believe in the vibrance of the country and the industry." Live Events About the India market, Braun said it is still a developing country for the beverages industry, hence an opportunity to grow here. When asked whether he expects India to climb in its global rankings, Braun said it all depends on several factors, which include growth from other markets in the challenging geo-political situation. "India is very important. It's our fifth growth market in terms of volume. And we are building, we believe that we're building the right foundations to have sustainable growth for the future. The company, which has seven out of top ten brands in the India beverage market, will continue to develop more brands here. About the current demand situation in India, Braun said:" We continue to see resilience in the demand. It's never a straight line, but if you compare year on year, in a bigger time frame, it continues to be resilient. There might be variations, but it's a market with growing demand." When asked about introduction of more global brands to Coca-Cola's India portfolio, he said it depends on the sequencing of the right stage of the development of the market. India is one of the markets where carbonated beverages are taxed the highest. It attracts GST of 28 per cent along with a cess of 12 per cent. When asked whether the government should reduce the tax burdens for the growth of the category, Braun said: "We have learned in 139 years that we have to deal with the local framework. We focus more on what we can control."
Yahoo
4 days ago
- Business
- Yahoo
The Coca-Cola Company (KO) Might Be Clawing Back Market Share, Believes Jim Cramer
We recently published a list of . In this article, we are going to take a look at where Coca-Cola Company (NYSE:KO) stands against other stocks that Jim Cramer discusses. The Coca-Cola Company (NYSE:KO) is the largest carbonated beverage company in the world. Cramer has discussed the firm several times this year. In April, he wondered whether the firm's shares could stick with their momentum as they had managed to weather the storm in the consumer products sector. The Coca-Cola Company (NYSE:KO)'s peer Pepsi has struggled recently as weight loss drugs change the firm's end-market. The shares are up by 16% year-to-date and have gained 3.8% in May. The gains appear to have come on the back of lowering trade tensions between the US and China. Here are Cramer's recent comments about The Coca-Cola Company (NYSE:KO): 'I actually like Coke, Coke may be coming back [in] market share.' A row of factory workers assembling bottles of sparkling soft drinks on a conveyor belt. As markets sold off in April after the tariff announcements, The Coca-Cola Company (NYSE:KO's shares actually gained 3% to reflect the firm's defensive nature. In fact, the share price gain reflected Cramer's prescience as he had remarked before the tariff announcements: 'In terms of shorting, like if you wanna short, do you short Coca-Cola? No, cause Coca-Cola in 2000, after the NASDAQ broke, was really a terrific stock to own.' Overall, KO ranks 3rd on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of KO, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than KO and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
22-05-2025
- Business
- Yahoo
This Warren Buffett Dividend Stock Looks Attractive for a Recession-Proof Portfolio
The Coca-Cola Company (NYSE:KO) is an American multinational beverage company. It is a long-time favorite of Warren Buffett and stands as one of the most recognizable and dependable consumer staples companies in the world. Its iconic brand and loyal global customer base provide the company with significant pricing power, enabling it to grow revenues steadily, even during periods of economic uncertainty. Despite macroeconomic pressures such as weaker demand in key markets like the US and Latin America and currency-related headwinds in Q1 2025, The Coca-Cola Company (NYSE:KO) continued to deliver. The company reported a 2% increase in global sales volumes and a 6% rise in organic revenue, staying aligned with its long-term growth goals. Between 2021 and 2024, its revenue grew from $38.6 billion to $47.06 billion, while gross profit surged from $23.3 billion to $28.6 billion. In recessionary environments, The Coca-Cola Company (NYSE:KO)'s value proposition becomes even more compelling. Its products—ranging from essential bottled water to affordable treats like soft drinks—remain in demand when consumers cut back on premium spending. The company also expanded its share within the ready-to-drink beverage category, underlining its strategic execution. As CEO James Quincey noted, the company's 'all-weather strategy' continues to deliver resilient results despite economic and geopolitical uncertainties. From a shareholder perspective, The Coca-Cola Company (NYSE:KO) is a powerhouse. The company has increased its dividend for 63 consecutive years, which is an extraordinary record that it held firm through the Great Recession and the COVID-19 pandemic. In FY2024, it generated $6.8 billion in operating cash flow and $4.7 billion in free cash flow, returning $9.4 billion to shareholders in dividends alone. While the current dividend yield of 2.85% might not be the highest on the market, it reflects remarkable consistency. For Warren Buffett, whose Berkshire Hathaway owns 400 million shares, that translates to approximately $800 million in annual dividend income. His long-term confidence in The Coca-Cola Company (NYSE:KO) stems not just from brand strength but from its proven ability to generate and return cash, regardless of external conditions. In an uncertain market, Coca-Cola's stability, consistent cash flow, and long history of dividend growth make it a strong candidate for any income-focused portfolio. While we acknowledge the potential of NOC as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than NOC but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the . READ MORE: and Disclosure. None. 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
