Coca-Cola HBC's strong cash flows and upgraded full-year guidance indicate robust financial health and potential for continued growth despite challenges in Russia and FX issues. The company reported a net profit of 382M EUR in H1, with a promising outlook for H2, leading to a guidance hike. Full-year guidance now anticipates 11-13% organic revenue growth and 10-12% organic EBIT growth, reflecting improved COGS expectations.
Coca-Cola (KO) closed at $62.83 in the latest trading session, marking a +0.75% move from the prior day.
Coca-Cola products in Belgium, Luxembourg and the Netherlands have been recalled after being discovered to have "high chlorate content," the company said.
Coca-Cola (KO -2.36%) is an icon in the consumer staples sector and on Wall Street. Notably, it has been a longtime holding of Warren Buffett and Berkshire Hathaway.
Zacks.com users have recently been watching Coca-Cola (KO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
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In the closing of the recent trading day, Coca-Cola (KO) stood at $61.53, denoting a -0.4% change from the preceding trading day.
Some investors prefer to own businesses registering tremendous revenue or user growth. The hope is that this can lead to huge returns.
Coca-Cola FEMSA offers a rare buying opportunity with its dominant market position in Latin America and attractive valuation, trading at a significant discount. The company has shown consistent revenue and earnings growth, despite currency headwinds, and is expected to grow EPS by double digits in 2025 and 2026. Coca-Cola FEMSA's 4.3% dividend yield, low payout ratio, and potential for dividend growth make it appealing for long-term dividend investors.
Coca-Cola (KO) reachead $62.71 at the closing of the latest trading day, reflecting a +0.74% change compared to its last close.
Defensive stocks are a key part of the market that can provide significant portfolio benefits. Although they often are not thought of as market outperformers, that certainly is not always the case.
It was far from the usual Coke and a smile. The Coke was diet, for one thing, and there were two smiles involved.