October 27, 2021
“…Coke shares rose around 3% in premarket trading on the news. Here’s how the company did compared with what Wall Street analysts surveyed by Refinitiv were expecting: Earnings per share: 65 cents adjusted vs. 58 cents expected Revenue: $10.04 billion vs. $9.75… Continue Reading…
August 5, 2021
“PepsiCo announced it will sell Tropicana, Naked and other select juice brands to private equity firm PAI Partners. The company will net $3.3 billion in after-tax proceeds from the deal, and also retain a 39% stake in the newly formed joint venture. Johnston… Continue Reading…
October 22, 2020
“Coca-Cola on Thursday reported that its third-quarter revenue fell 9% as the coronavirus pandemic weighed on demand for fountain soft drinks, Powerade and Dasani. But the company topped earnings estimates, sending shares up 3% in premarket trading. Here’s what the company reported for… Continue Reading…
February 4, 2020
“Dow component The Coca-Cola Company (KO) posted an all-time high above $59 on Friday, one day after the beverage giant filed a solid fourth quarter 2019 report that exceeded conservative revenue estimates. Revenue grew an impressive 28.2% year over year,… Continue Reading…
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