Coke Overcomes Declining Demand to Post Strong Q4 Sales
Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
Coke Overcomes Declining Demand to Post Strong Q4 Sales
Coke Overcomes , Declining Demand to, Post Strong Q4 Sales.
ABC reports that Coca-Cola posted higher-
than-expected revenue in Q4, as lower
demand in the United States was offset by
growth in Mexico, Germany and other markets.
ABC reports that Coca-Cola posted higher-
than-expected revenue in Q4, as lower
demand in the United States was offset by
growth in Mexico, Germany and other markets.
On February 13, the Atlanta-based beverage
giant said that revenue increased 7% to reach
$10.8 billion between October and December.
On February 13, the Atlanta-based beverage
giant said that revenue increased 7% to reach
$10.8 billion between October and December.
According to analysts polled by FactSet,
the final numbers exceeded
Wall Street's prediction of $10.7 billion.
.
Coca-Cola projected 6% to 7%
of full-year organic revenue growth in
2024, down from 12% growth in 2023.
.
ABC reports that the company's gains were driven by
sparkling soft drinks, juices and Coca-Cola Zero Sugar,
while demand for sports drinks, coffee and tea fell.
.
According to Coca-Cola,
prices increased by 8% in Q4.
The Q4 price increase, combined with double
digit increases in 2023, have driven some
consumers to switch to cheaper store brands.
Meanwhile, the company saw
unit case volumes grow
in other global markets.
.
Net income dropped 3%
to reach $1.9 billion,
or about 46 cents per share.
.
After posting the Q4 results,
shares in Coke rose nearly
1% in premarket trading.
A Bengaluru court granted interim bail to JD(S) MLA and former Karnataka Minister HD Revanna in a sexual harassment case. The complaint, filed on April 28,.. IndiaTimes
Season three of 'Abbott Elementary' sees Janine Teagues have a job glow up, going from teacher to school district employee, as well as a serious style glow up! But there's more to her transformation than meets the eye. Creator and star Quinta Brunson, as well as the show's costume designer, head hair stylist and head makeup artist spoke to The Hollywood Reporter all about the story the ABC series is telling through Janine's on-screen evolution.
Credit: The Hollywood Reporter Duration: 05:24Published
2024 Rock & Roll Hall of Fame Inductees , Are Announced.
2024 Rock & Roll Hall of Fame Inductees , Are Announced.
This year's honorees are
Mary J. Blige, Cher, Dave Matthews Band.
This year's honorees are
Mary J. Blige, Cher, Dave Matthews Band.
This year's honorees are
Mary J. Blige, Cher, Dave Matthews Band.
Foreigner, Peter Frampton, Kool & The Gang.
Foreigner, Peter Frampton, Kool & The Gang.
Foreigner, Peter Frampton, Kool & The Gang.
Ozzy Osbourne and
A Tribe Called Quest, NPR reports. .
Ozzy Osbourne and
A Tribe Called Quest, NPR reports. .
John Sykes, chairman of the Rock & Roll
Hall of Fame Foundation, issued a
statement about this year's inductees.
Rock & Roll is an ever-evolving
amalgam of sounds that impacts
culture and moves generations, John Sykes, chairman of the Rock & Roll Hall of Fame Foundation, via NPR.
This diverse group of inductees
each broke down musical barriers
and influenced countless artists
that followed in their footsteps, John Sykes, chairman of the Rock & Roll Hall of Fame Foundation, via NPR.
Additionally, the Musical Influence Award will go to Alexis Korner, John Mayall and Big Mama Thornton.
Additionally, the Musical Influence Award will go to Alexis Korner, John Mayall and Big Mama Thornton.
Additionally, the Musical Influence Award will go to Alexis Korner, John Mayall and Big Mama Thornton.
The Musical Excellence Award will be given to
Jimmy Buffett, MC5, Dionne Warwick
and Norman Whitfield.
The Musical Excellence Award will be given to
Jimmy Buffett, MC5, Dionne Warwick
and Norman Whitfield.
The Musical Excellence Award will be given to
Jimmy Buffett, MC5, Dionne Warwick
and Norman Whitfield.
The Musical Excellence Award will be given to
Jimmy Buffett, MC5, Dionne Warwick
and Norman Whitfield.
The Ahmet Ertegun Award, which honors those
who don't perform music but have made an impact
in the industry, will go to Suzanne de Passe.
The induction ceremony will take place on Oct. 19 and will stream live on Disney+.
It will be available to view on Hulu the following
day and will also air on ABC at a later date.
It will be available to view on Hulu the following
day and will also air on ABC at a later date
Credit: Wibbitz Top Stories Duration: 01:30Published
Beloved 'Golden Bachelor' couple Gerry Turner and Teresa Nist are sadly calling it quits. Just three months after tying the knot in an ABC special in January, the couple, whose engagement was revealed in Nov, announced they are getting a divorce. They sat down with 'Good Morning America' to reveal their decision but offered little to an audience that will want to know what happened after witnessing their inspiring later-in-life love story unfold.
Credit: The Hollywood Reporter Duration: 02:04Published
Ford Orders Recall , Over Potential SUV Gas Leak.
ABC reports that Ford has ordered
a recall for almost 43,000 small SUVs
due to a potential risk of fire. .
The recall impacts some Bronco
Sport SUVs from 2022 and 2023,
as well as 2022's Escape SUVs. .
According to Ford, gasoline can leak from
fuel injectors near or onto hot engine surfaces,
which increases the risk of starting fires.
The recall does not reportedly include repairing
any potential fuel leak, which the company
claims only impacts about 1% of their SUVs.
ABC reports that Michael Brooks, executive director
of the nonprofit Center for Auto Safety,
has called Ford's decision a "Band-aid type recall.".
Brooks claims that even a 1% failure
rate is high and places drivers
at potential risk for a crash.
The NHTSA said that it lacks legal
authority to pre-approve recall fixes. .
The agency added that it would, "closely track their performance using field data.".
However, Brooks suggests that Congress
needs to change laws so that the NHTSA can , "require something more than the rubber
stamp that NHTSA is currently deploying.”.
That is a post-remedy inquiry
that won't make the fixes better,
and further stretches out the process
and leaves consumers in limbo. , Michael Brooks, executive director of the
nonprofit Center for Auto Safety, via ABC
Credit: Wibbitz Top Stories Duration: 01:30Published
US Life Expectancy on the Rise , Following Pandemic Decline, CDC Report Says.
According to the latest federal
mortality data, life expectancy in
the United States increased in 2022. .
The report published by the Centers for
Disease Control and Prevention's National Center for Health
Statistics (NCHS) raised life expectancy to 77.5 years.
The report published by the Centers for
Disease Control and Prevention's National Center for Health
Statistics (NCHS) raised life expectancy to 77.5 years.
The positive change comes after two
years of decline following the pandemic.
The positive change comes after two
years of decline following the pandemic.
While life expectancy has yet to reach
pre-pandemic levels, 2022 showed
an increase of 1.1 years compared to 2021.
2022 ended up recording 3.27 million
deaths in the U.S., which was
184,374 fewer deaths than the year before.
According to the report, heart disease
and cancer remained the two most
prevalent causes of death in the U.S. .
According to the report, heart disease
and cancer remained the two most
prevalent causes of death in the U.S. .
COVID-19 dropped to fourth on
the list, and unintentional injuries
took over the number three spot.
COVID-19 dropped to fourth on
the list, and unintentional injuries
took over the number three spot.
ABC reports that both males and
females saw approximately the same
increase in life expectancy from 2021 to 2022.
Over the same period of time,
the death rate decreased
for nearly every age group. .
Another NCHS report found that rates of
drug overdose deaths from synthetic opioids
increased by 4.1% between 2021 and 2022.
Credit: Wibbitz Top Stories Duration: 01:30Published
Lil Baby and his music video crew got caught in the crossfire -- that's the early word from cops investigating the gunfire that erupted in the middle of his.. TMZ.com
Moderators Announced , for Biden-Trump Presidential Debate.
On May 15, President Biden and former President Trump agreed to debate each other on June 27 and Sept. 10, Politico reports. .
On May 15, President Biden and former President Trump agreed to debate each other on June 27 and Sept. 10, Politico reports. .
The first debate will air on CNN, and the second one will be shown on ABC News. .
CNN has revealed that its debate moderators will be Jake Tapper and Dana Bash.
The debate will take place in Atlanta at 9 p.m. EST.
There will be no live audience. .
The early debates come as both Biden and Trump have declined to "participate in the Commission on Presidential Debates' proposed schedule," Politico reports.
The debates will also occur before
either candidate formally accepts their respective party's nominations.
Meanwhile, the accelerated timeline will prevent
any third-party or independent candidate from potentially participating in the debates.
Robert F. Kennedy Jr. took
to X to make his opinion known.
Presidents Trump and Biden
are colluding to lock America
into a head-to-head match-up
that 70% say they do not want, Robert F. Kennedy Jr., via X.
They are trying to exclude me
from their debate because they
are afraid I would win. Keeping
viable candidates off the debate
stage undermines democracy, Robert F. Kennedy Jr., via X.
By excluding me from the stage,
Presidents Biden and Trump
seek to avoid discussion of their
eight years of mutual failure
including deficits, wars, lockdowns,
chronic disease, and inflation, Robert F. Kennedy Jr., via X
Credit: Wibbitz Top Stories Duration: 01:31Published
Walmart Lays Off Hundreds of Workers , While Requiring Others to Relocate.
On May 14, the retail giant announced layoffs impacting several hundred employees at campus offices, NPR reports.
It was also revealed that most remote workers and
employees in Dallas, Atlanta and Toronto will be required
to move to "Bentonville, Arkansas; Hoboken, New Jersey;
and the San Francisco Bay Area," NPR reports.
Chief People Officer Donna Morris
let workers know in a memo.
It has been a little over four years since
we faced the global pandemic that
reshaped our lives in many ways,
including our ways of working. , Chief People Officer Donna Morris, via memo.
With the goal of bringing more of us
together more often, we are asking the
majority of associates working remotely,
and the majority of associates within our
offices in Dallas, Atlanta, and our
Toronto Global Tech office, to relocate. , Chief People Officer Donna Morris, via memo.
Morris went on to address the
"reduction of several hundred campus roles." .
While the overall numbers are small
in percentage, we are focused on
supporting each of our associates
affected by these changes, Chief People Officer Donna Morris, via memo.
A reason for the layoffs was not provided other than the fact that "some parts of our business have made changes," Morris said.
We have had discussions with
associates who were directly
impacted by these decisions. , Chief People Officer Donna Morris, via memo.
We will work closely with them in
the coming days and months to
navigate the best path forward, Chief People Officer Donna Morris, via memo
Credit: Wibbitz Top Stories Duration: 01:31Published
Lil Baby's planned music video in Atlanta sounded like a war zone after flurries of shots were fired in the area -- and TMZ Hip Hop's obtained video of the.. TMZ.com
Albany State University volleyball player Mariam Creighton was tragically killed in a nightclub shooting in Atlanta over the weekend. She was only 21 years old... TMZ.com
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