While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tri ...

Financial Data and Key Metrics Changes - Organic revenue grew by 13.9%, with volumes up 4% and price mix up 9.5% [8] - Reported revenue increased by 8.9%, despite facing currency headwinds [8] - Revenue per unit case showed continued momentum with both price and mix expansion [9] Performance by Business Line - Sparkling beverages saw volumes up 3.9%, with Trademark Coke growing low-single digits and Coke Zero up mid-single digits [11] - Energy category volumes surged by 28%, continuing strong growth [12] - Coffee volumes increased over 35%, driven by out-of-home segment performance [12] - Water and Sports Drinks also experienced growth, with Sports Drinks up high teens [12] Performance by Market - Established markets reported net sales revenue growth of 3%, with volume growth despite consumer sensitivity [14] - Developing markets saw net sales revenue grow by 12.6%, led by strong price/mix [15] - Emerging markets delivered organic revenue growth of 24.1%, with price/mix being the main driver [15] Company Strategy and Industry Competition - The company is focused on agile execution and investment in bespoke capabilities to drive growth [7] - Ongoing revenue growth management initiatives are tailored to address affordability and premiumization needs [9] - The company is adapting its plans to consumer sensitivity in various markets, particularly in Italy and Switzerland [32][50] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenging macroeconomic and geopolitical backdrop but expressed confidence in continued performance [17] - Updated guidance for 2024 includes organic revenue growth expectations of 11% to 13% and organic EBIT growth of 10% to 12% [17] - Management remains optimistic about maintaining positive volume growth despite market challenges [26] Other Important Information - The company is making progress on ESG initiatives, particularly in packaging circularity [13] - The fire at the Bambi plant in Serbia posed challenges, but the team managed to maintain operations [16] Q&A Session Summary Question: Why hasn't the operating profit guidance been raised despite lower COGS? - Management indicated that the dynamic market environment and ongoing challenges led to a cautious approach in raising profit guidance [20][21] Question: What is the impact of the fire at the Bambi plant and the product recall in Austria? - Management confirmed that the impact of the fire and recall is accounted for in the guidance, with no material impact expected from the recall [22][23] Question: How does the company anticipate consumer sensitivity affecting volume growth? - Management emphasized the importance of data insights and revenue growth management to tailor promotions and maintain volume growth [25][26] Question: What is the outlook for the Energy and spirits categories? - Management highlighted strong growth in the Energy category and positive integration of the Finlandia brand into the spirits portfolio [27][29] Question: How are consumer pressures in Italy and Switzerland being addressed? - Management is adjusting promotional strategies and pack sizes to respond to consumer sensitivity in these markets [32][50] Question: What is the regulatory outlook regarding sugar taxes and inflation in Nigeria and Egypt? - Management is preparing for upcoming regulatory changes and monitoring inflationary pressures in these markets [46][47]

For those looking to find strong Consumer Staples stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Coca-Cola HBC (CCHGY) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Coca-Cola HBC is a member of our Consumer Staples group, which includes 183 different companies and currently sits at #12 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by ...

For those looking to find strong Consumer Staples stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Coca-Cola HBC (CCHGY) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Consumer Staples peers, we might be able to answer that question. Coca-Cola HBC is a member of our Consumer Staples group, which includes 183 different companies and currently sits at #11 in the Zacks Sector Rank. The Zacks Sector Ra ...

Coca-Cola HBC HALF YEAR 2024 RESULTS 7 AUGUST 2024 Coca-Cola HBC H1 2024 STRONG GROWTH AND SHARE GAINS ZORAN BOGDANOVIC CHIEF EXECUTIVE OFFICER ving best-in-class execution Execution of our strategy drives strong financial performance 1. Strong organic revenue growth, with volume up 3.1%, led by our strategic priority categories and with value share gains across NARTD and Sparkling 2. Resilient EBIT performance while navigating challenging environments in several markets 3. Continued investment in our 24/7 ...

Coca-Cola HBC AG (OTCPK:CCHBF) Q2 2024 Earnings Conference Call August 7, 2024 4:00 AM ET Company Participants Joanna Kennedy - Head of IR Zoran Bogdanovic - CEO Anastasis Stamoulis - Incoming CFO Conference Call Participants Sanjeet Aujla - UBS Group AG Simon Hales - Citigroup Inc. Andrea Pistacchi - Bank of America Charlie Higgs - Redburn Atlantic Edward Mundy - Jefferies Group LLC Joanna Kennedy Good morning. Thank you for joining the call. In a moment, Zoran will share his highlights of the first half o ...

Coca-Cola HBC AG (OTCPK:CCHBF) Q1 2024 Trading Update Conference Call April 30, 2024 4:30 AM ET Company Participants Joanna Kennedy - Head of Investor Relations Zoran Bogdanovic - Chief Executive Officer Anastasis Stamoulis - Incoming Chief Financial Officer Conference Call Participants Matthew Ford - Exane BNP Paribas Simon Hales - Citigroup Inc. Sanjeet Aujla - UBS Group AG Olivier Nicolai - Goldman Sachs Edward Mundy - Jefferies Group LLC Mandeep Sangha - Barclays Fintan Ryan - Goodbody Charlie Higgs - R ...

Coca-Cola HBC AG (OTCPK:CCHBF) Q1 2024 Trading Update Conference Call April 30, 2024 4:30 AM ET Company Participants Joanna Kennedy - Head of Investor Relations Zoran Bogdanovic - Chief Executive Officer Anastasis Stamoulis - Incoming Chief Financial Officer Conference Call Participants Matthew Ford - Exane BNP Paribas Simon Hales - Citigroup Inc. Sanjeet Aujla - UBS Group AG Olivier Nicolai - Goldman Sachs Edward Mundy - Jefferies Group LLC Mandeep Sangha - Barclays Fintan Ryan - Goodbody Charlie Higgs - R ...

Coca-Cola HBC (CCHGY) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changing ear ...

Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Coca-Cola HBC (CCHGY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Consumer Staples peers, we might be able to answer that question.Coca-Cola HBC is a member of our Consumer Staples group, which includes 194 differen ...