Latest news with #Coca-cola
India.com
02-05-2025
- Business
- India.com
Warren Buffett bought Coca-Cola stock in 1988 for…, he didn't sell single share of it for 36 years, it's now worth of…
Warren Buffett of Berkshire Hathaway first purchased Coca-cola shares in who might have invested during the same period of Buffett might have received huge returns by now. Coca-Cola is outperforming, even in today's volatile markets. As of April 28, Coca-Cola shares closed at $71.79 with a 16.3% year-over-year increase, almost doubling the S&P 500's 8.4% growth over the same period. Coca-cola Share Returns Since 1988 If you had invested $1,000 in Coca-Cola at the end of 1988, your investment would have grown to $36,487 as of April 28, 2025 which is in current Indian Rs 3083585. That's a huge 3,534.2% return, including reinvested dividends. If we break it down further every dollar invested in Coca-Cola in 1988 has grown into $36 today considering consistent dividend reinvestment. Due to this growth Buffett's Berkshire Hathaway held its Coca-Cola shares for 36 years without selling a single share, reported Economic Times. The company's strong performance is continuing even in its quarterly earnings report, where Coca-Cola posted $11.22 billion in revenue when analysts were expecting $11.14 billion. Additionally, earnings per share (EPS) came in at 73 cents, beating the forecast of 71 cents. Recent Investments In Coca-cola Even for those invested in last 10 years received good returns on their Coca-Cola stocks One year ago: A $1,000 investment is now worth $1,195, reflecting a 19.5% increase. Five years ago: A $1,000 investment has grown to $1,728, a 72.8% increase. Ten years ago: A $1,000 investment is now valued at $2,163, a 116.3% return. These figures show Coca-Cola's ability to provide steady growth, even for more recent investors. (Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)
Yahoo
29-01-2025
- Health
- Yahoo
Coca-Cola recalls drinks in UK due to chemical levels
A range of Coca-Cola products are being recalled in the UK after the firm's bottling partner said it had identified "elevated levels" of a chemical called chlorate. Cans of Coca-Cola Original Taste, Coca-Cola Zero Sugar, Diet Coke, and Sprite Zero sent to cafes and restaurants are being withdrawn as well as 6x250ml Appletiser multipacks sent to UK supermarkets. The announcement follows a larger recall of Coca-cola products across Europe on Tuesday. Coca-Cola Europacific Partners, the firm's bottling partner, said the risk of illness was "very low". The affected cans carry production codes from 328 GE to 338 GE on their base. The majority of Coca-Cola products, including standard cans, and all glass and plastic bottles sold in the UK are not affected, the firm said. Chlorate can be produced when chlorine-based disinfectants are used in water treatment and food processing. Exposure to high levels of chlorate can cause health problems including thyroid problems, especially among children and infants. "Independent expert analysis concluded that any associated risk of feeling temporarily unwell from consuming these products is very low," the firms said. "The quality and safety of our products is our top priority and we're sorry that on this occasion, a small number of our products have not met our high standards, and we apologise for any inconvenience this has caused," the firm said in a statement. Coca-Cola recalls drinks over safety concerns
BBC News
29-01-2025
- Health
- BBC News
Coca-Cola recalls drinks in UK due to chemical levels
A range of Coca-Cola products are being recalled in the UK after the firm's bottling partner said it had identified "elevated levels" of a chemical called of Coca-Cola Original Taste, Coca-Cola Zero Sugar, Diet Coke, and Sprite Zero sent to cafes and restaurants are being withdrawn as well as 6x250ml Appletiser multipacks sent to UK announcement follows a larger recall of Coca-cola products across Europe on Europacific Partners, the firm's bottling partner, said the risk of illness was "very low". Chlorate can be produced when chlorine-based disinfectants are used in water treatment and food affected cans carry production codes from 328 GE to 338 GE on their to high levels of chlorate can cause health problems including thyroid problems, especially among children and infants."Independent expert analysis concludes that any associated risk for consumers is very low," a spokesperson told the BBC."The quality and safety of our products is our top priority and we're sorry that on this occasion, a small number of our products have not met our high standards, and we apologise for any inconvenience this has caused," the firm said in a statement.
Yahoo
29-01-2025
- Health
- Yahoo
Coca-Cola issues European safety recall over 'excessively high chlorate content'
Coca-Cola has recalled "all variants" of multiple beverages produced in a Belgium facility "due to excessively high chlorate content," according to a press release. Certain cans and bottles of Coca-Cola, Sprite, Fanta, Fuze Tea, Minute Maid, Nalu, Royal Bliss and Tropico were among the products recalled in Belgium, Luxembourg and the Netherlands, the beverage company said. Zero and light versions of the beverages are included. The recall affects cans and bottles with the production codes 328 GE to 338 GE. "The production code can be found on the bottom of the can or on the neck/label of the glass bottle," Coca-Cola said. Coca-cola Announces New Orange Cream Flavor: 'Iconic And Nostalgic Taste' People who purchased the affected products are asked not to consume them but to return them where they bought them for a refund. Read On The Fox Business App "Chlorate originates from chlorine disinfectants widely and legally used in water treatment and in food processing with drinking water being by far the main contributor," the European Commission says on its website. Yes, Food And Drinks Taste Different On A Plane And There's A Reason Click Here To Read More On Fox Business Consuming high levels of chlorate from drinks and food "could result in potential serious health effects," such as impaired thyroid function and inhibition of iodine uptake, the commission says. It is especially harmful to infants and children. "We apologize to consumers and our business partners," Coca-Cola said in a recall announcement published on their website in French, adding that an independent expert analysis found that risk to consumers "is very low."Original article source: Coca-Cola issues European safety recall over 'excessively high chlorate content'
