Coca-Cola (KO 4.72%) stock posted substantial gains in Tuesday's trading. The beverage giant's share price ended the session up 4.7% in a day of trading that saw the S&P 500's (^GSPC 0.03%) level wind up approximately in line with yesterday's close.
Bryan Spillane, Bank of America Securities senior food and beverage analyst, joins 'The Exchange' to discuss what Coke is doing right that peers aren't, if the economy will see more plastic bottles than aluminum, and much more.
James Quincey, Coca-Cola CEO, on whether tariffs will impact the company.
After the Coca-Cola Company (KO) topped fourth quarter earnings estimates, CFO and President John Murphy sits down with Yahoo Finance senior reporter Brooke DiPalma to discuss the food and snack giant's latest earnings release, the impact of tariffs, and the path forward for the beverage maker. Murphy says the company expects some pockets of weakness as lower-income consumers remain under pressure but "the overall environment has been pretty resilient.
Coca-Cola may shift a larger share of its packaging from aluminum to plastic bottles if President Donald Trump's latest tariff hikes take effect, CEO James Quincey said Tuesday. Speaking during the company's earnings conference call, Quincey explained that Coca-Cola has alternative packaging strategies to manage affordability and consumer demand.
KO's Q4 results reflect gains across its operating segments, led by improved price/mix and concentrate sales, bolstering the revenue performance.
The Coca-Cola Company (NYSE:KO ) Q4 2024 Earnings Conference Call February 11, 2025 8:30 PM ET Company Participants Robin Halpern - VP, Head of IR James Quincey - Chairman and CEO John Murphy - President and CFO Conference Call Participants Lauren Lieberman - Barclays Dara Mohsenian - Morgan Stanley Bryan Spillane - Bank of America Steve Powers - Deutsche Bank Filippo Falorni - Citi Bonnie Herzog - Goldman Sachs Kaumil Gajrawala - Jefferies Robert Ottenstein - Evercore Chris Carey - Wells Fargo Andrea Teixeira - JPMorgan Peter Grom - UBS Charlie Higgs - Redburn Atlantic Bill Chappell - Truist Securities Robert Moskow - TD Cowen Michael Lavery - Piper Sandler Operator At this time, I would like to welcome everyone to the Coca-Cola Company's Fourth Quarter and Full Year 2024 Earnings Results Conference Call. Today's call is being recorded.
The Coca-Cola Company (NYSE:KO) shares moved higher after the beverage giant posted better-than-expected financial results for the fourth quarter. Sales of $11.5 billion were far higher than the $10.7 billion expected by analysts and represented 6% year-over-year growth.
Coca-Cola (KO) surpassed fourth quarter estimates, driven by higher prices and steady demand. The company expects a 5-6% organic revenue growth for the year, as shares are up nearly 4% premarket for the stock.
James Quincey, Coca-Cola CEO, joins 'Money Movers' to discuss the company's earnings beat, U.S. growth and the state of the consumer.
Coca-Cola will shift to using more plastic bottles instead of aluminum if the latest wave of tariffs from President Trump take effect. Coke CEO James Quincey said the company imports some aluminum from Canada, but the tariff won't have a huge impact on Coke's multibillion dollar U.S. business.
Coca-Cola Co (NYSE:KO) stock is 4.2% higher at $67.26 at last glance, following the company's stronger-than-expected fourth-quarter earnings report.