The Coca-Cola Company

KO
Sector

Consumer Staples

Industry

Beverages - Non-Alcoholic

Market Cap

$269.37B

Employees

79.1K

Company Overview

The Coca-Cola Company is a total beverage company that manufactures and sells nonalcoholic beverages globally. Its primary revenue streams come from the sale of concentrates and syrups to independent bottling partners and finished beverages to retailers, wholesalers, and distributors. The company holds a leading market position with strong brand recognition and a wide global distribution network.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Net operating revenues for Q3 2024 were $11,854 million, a decrease of $99 million (1%) compared to Q3 2023. Foreign currency exchange rate fluctuations negatively impacted net operating revenues by 5%.

Operating income for Q3 2024 was $2,510 million, a decrease of $760 million (23%) compared to Q3 2023. The decrease was primarily due to refranchising, higher commodity costs, unfavorable currency exchange rates, and higher other operating charges.

Gross profit margin decreased to 60.7% for Q3 2024, compared to 61.0% for Q3 2023. The decrease was primarily due to the unfavorable impact of foreign currency exchange rate fluctuations and higher commodity costs.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG Initiatives

3 Insights

Market Environment

3 Insights