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☆ Powerade is taking a jab at Gatorade with new formula and packaging
▼ + stars: | 2023-02-01 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +4 min

Powerade is taking on Gatorade with its new packaging. The unit now oversees the Powerade brand for Coke, and it has been making the changes — and spotlighting comparisons to Gatorade. Working together, “we can use, now, BodyArmor and Powerade as a one-two punch to beat Gatorade,” Muyshondt told CNN. Today, Gatorade controls about 63% of the US sports drinks market by volume, according to data from Euromonitor International. Coca-Cola’s strategy is about more than just gaining a bigger share in the sports drinks market.

☆ The case for investing in China's reopening is strong. Here's how to proceed with caution
▼ + stars: | 2023-01-19 | by ( Patti Domm | In | ) www.cnbc.com time to read: +11 min

Strategists see China's markets easily scoring double-digit gains this year. The case for investing outside the U.S. is strong, particularly with the dollar coming off its highs and looking at further downside. "While China's reopening is undoubtedly a turning point, there remain reasons to be cautious," wrote Barclays equity strategists. But still the prospects for China's economy are much brighter than they were just several months ago. The Covid lockdown has been so damaging to the Chinese economy, they want to get back to a growth path in 2023."

☆ We've seen resilience in the U.S. consumer, says Coca-Cola CEO James Quincey
▼ + stars: | 2023-01-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe've seen resilience in the U.S. consumer, says Coca-Cola CEO James QuinceyCNBC's Sara Eisen sits down with Coca-Cola CEO James Quincey to discuss the company outlook, the impact of China's re-opening in the company, and more.

☆ Premarket stocks: Don't be fooled by a strong GDP report
▼ + stars: | 2022-10-26 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

That’s why it’s so surprising that the US economy is expected to show robust growth in Thursday’s third-quarter GDP report. Economists warn that the report could be a one-hit-wonder that overstates momentum in an economy that is actually slowing. “There is more braking power being inflicted on the US economy than will be at all apparent in the third-quarter GDP report,” wrote Kelly. Central bank officials are going to be looking at underlying metrics in the report, and will likely ignore headline numbers, said Patterson. The bottom line: The rejiggering of trade balances often falsely inflates economic growth calculations ahead of a recession.

Shares of Coca-Cola rose 2.3% after the soda giant also beat third-quarter revenue and profit estimates. On an adjusted basis, Coca-Cola earned 69 cents per share on net revenue of $11.1 billion. Analysts had expected earnings of 64 cents per share on revenue of $10.52 billion, according to IBES data from Refinitiv. The company forecast organic revenue to rise 14% to 15% in 2022, compared to prior expectation of 12% to 13% increase. It raised its full-year adjusted earnings per share growth forecast to 6% to 7%, from 5% to 6%.

☆ Watch CNBC's full interview with Coca-Cola's James Quincey
▼ + stars: | 2022-10-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Coca-Cola's James QuinceyJames Quincey, Coca-Cola chairman and CEO, joins 'Squawk on the Street' to discuss the company's quarterly earnings results, why the company decided to raise its sales guidance and if the inflationary outlook is getting any better.

☆ Underlying consumer demand has driven our top line momentum in Q3, says Coca-Cola CEO
▼ + stars: | 2022-10-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUnderlying consumer demand has driven our top line momentum in Q3, says Coca-Cola CEOJames Quincey, Coca-Cola chairman and CEO, joins 'Squawk on the Street' to discuss the company's quarterly earnings results, why the company decided to raise its sales guidance and if the inflationary outlook is getting any better.

☆ Coke products might look a little different next year
▼ + stars: | 2022-10-25 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +3 min

To keep price-conscious customers in the fold, companies like Coke offer more packaging options. In the third quarter, the company introduced a value collection that offers customers products in a variety of sizes. Those items, available at some stores in the US, are “helping to retain and recruit more consumers while creating value for our customers,” Quincey said. (Coca-Cola also recently announced a change to the look of Sprite bottles, ditching its signature green for clear plastic, which is easier to recycle.) And it plans to continue to bolster Coke Zero Sugar, a growth driver, with more marketing and other innovations.

☆ Gigantul Coca-Cola suspenda publicitatea de pe retelele de socializare, la nivel mondial, pentru 30 de zile
▼ + stars: | 2020-06-29 | by ( On | In | ) omniapres.md time to read: +1 min

“Nu exista loc pentru rasism in lume si nu exista loc pentru rasism pe retelele de socializare”, a declarat presedintele si CEO-ul Coca-Cola, James Quincey, citat de BBC. El a cerut “o mai mare responsabilitate si transparenta” din partea companiilor de socializare. Coca-Cola a precizat totusi ca nu se alatura boicotului oficial lansat de alte companii, ci este vorba de o masura proprie, a transmis CNBC. “Pauza de pe platformele de socializare” la nivel global va ajuta compania sa “reevalueze politica de publicitate pentru a determina daca este nevoie de o revizuire”, a mentionat James Quincey. Reactia Coca-Cola vine dupa ce Facebook a promis ca va eticheta postari potential daunatoare sau inselatoare.

Persons: James Quincey, Coca, James, Mark Zuckerberg, Ben Organizations: Coca, Coca - Cola, BBC, Cola, Facebook Locations: Coca -

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