The method calculates a fair value of $47.91 for Coca-Cola and a fair value of $222.67 for PepsiCo. At the current stock price, this results in a downside of 23% for Coca-Cola and an upside of 29.
Coca Cola revenue for the quarter ending June 30, 2023 was $11.972 Billion. Coca Cola revenue for the twelve months ending June 30, 2023 was $44.140 Billion. Coca Cola annual revenue for 2022 was $43.004 Billion. Coca Cola annual revenue for 2021 was $38.655 Billion. Coca Cola annual revenue for 2020 was $33.014 Billion.In 2022, Coca-Cola’s brand value was set at $97.88 billion while its chief contender PepsiCo, Inc. was valued at only $13.7 billion. Thanks to a nearly unaltered logo design since 1905, Coca-Cola is recognized by over 94% of the global population. ATLANTA, April 25, 2022 – The Coca-Cola Company today reported first quarter 2022 results, showing continued momentum in our marketplace performance. “We are pleased with our first quarter results as our company continues to execute effectively in a highly dynamic and uncertain operating environment,” said James Quincey, Chairman and CEO of The Coca-Cola Company. Coca-Cola has had stadium advertising at every FIFA World Cup since 1950. One of the longest-standing corporate partners of FIFA, with a formal association since 1974 and an official sponsorship Building a fit-for-purpose balance sheet: The company is focused on having a balance sheet that supports sustainable value creation. In 2022, the company completed the refranchising of company-owned bottling operations in Cambodia to Swire Coca-Cola Limited, a subsidiary of Swire Pacific Limited, and completed the sale of its stake in the Gross profit for the first quarter of 2022 was $508 million, up 13% versus the first quarter of 2021. Gross margin increased 80 basis points to 36.1% (a). Income from operations for the first
Research Expert North Africa. Get in touch with us now. , Dec 15, 2023. In 2022, a survey conducted in Ethiopia showed that Coca Cola was the preferred brand for carbonated drinks. In fact, 58
At The Coca-Cola Company, our strengths give us confidence in our ability to deliver long-term, sustainable shareowner value. Our long-term targets consist of solid revenue growth of 4% to 6%, strong operating leverage driving 6% to 8% operating income growth, delivering meaningful EPS growth and improving on our free cash flow conversion. Coca-Cola’s Q1 2022 adjusted earnings per share is expected to be $0.59 per Trefis analysis, marginally above the consensus estimate of $0.58. The company’s adjusted net income of $1.9 billion