Sales and Market Performance - The Coca-Cola system sold 33.8 billion unit cases in 2025, a slight increase from 33.7 billion in 2024, with sparkling soft drinks representing 69% of the total volume in both years[35] - Trademark Coca-Cola accounted for 47% of worldwide unit case volume in both 2025 and 2024, while in the U.S., it represented 42% of the unit case volume[35] - In 2025, the U.S. accounted for 16% of the Company's worldwide unit case volume, with 61% of that volume being sparkling soft drinks[35] - The largest markets outside the U.S. for unit case volume were Mexico, China, Brazil, and India, which together accounted for 33% of the worldwide unit case volume[35] - Sales of ready-to-drink beverages are seasonal, with the second and third quarters historically accounting for the highest sales volumes[51] Product and Market Expansion - The Company has entered the alcohol beverage category with products like pre-mixed cocktails and hard seltzers, expanding its portfolio in various markets[29] - The Company provides marketing support and participates in sales of other beverage brands through licenses and joint ventures, such as with Monster Energy[30] - The bottling partners accounted for 44% of total worldwide unit case volume in 2025, with the five largest partners being Coca-Cola FEMSA, CCEP, CCHBC, Arca Continental, and Swire Coca-Cola[36] Competitive Landscape - The commercial beverage industry is highly competitive, with significant players including PepsiCo, Nestlé, and Anheuser-Busch InBev, among others[52] - Key competitive factors include pricing, advertising, product innovation, and digital marketing strategies[53] - The company has a strong network of bottlers and distributors, contributing to its competitive strengths[54] Supply Chain and Ingredients - Water is a critical ingredient in products, and its availability is recognized as a key challenge for the company[56] - The principal nutritive sweetener in the U.S. is high fructose corn syrup (HFCS), which is subject to market price fluctuations[57] - The company sources orange juice primarily from Florida and Brazil, facing challenges from citrus greening disease and adverse weather conditions[59] - The majority of dairy revenues are derived from fairlife, LLC, which sources milk from dairy cooperatives[60] Regulatory and Compliance Issues - The company is subject to various environmental regulations and anticipates additional legal requirements related to sustainability and carbon emissions[72] - Compliance with evolving data protection laws, such as the CCPA and CPRA, is critical for the company's operations[73] Financial Performance and Risks - The company generated $28.8 billion of net operating revenues from operations outside the United States in 2025[378] - The total notional values of foreign currency derivatives were $21,128 million as of December 31, 2025, up from $18,442 million in 2024[380] - A 10% weakening of the U.S. dollar would have resulted in a $609 million decrease in the fair value of foreign currency derivatives that qualified for hedge accounting[380] - The company estimates that a 1 percentage point increase in interest rates would have increased interest expense by $120 million in 2025[382] - The total notional values of commodity derivatives were $535 million as of December 31, 2025, compared to $386 million in 2024[386] - The fair value of commodity derivatives that qualified for hedge accounting resulted in a net unrealized loss of $9 million as of December 31, 2025[386] Workforce and Employee Relations - As of December 31, 2025, the company had approximately 65,900 employees, a decrease from 69,700 in 2024, primarily due to divestiture activities[76] - The company aims to provide competitive compensation packages to attract and retain talent, including base pay and performance-based incentives[84] - Approximately 400 employees in North America were covered by collective bargaining agreements as of December 31, 2025[76] - The company supports employee-led inclusion networks to foster relationships based on common interests or backgrounds[79]

NEW DELHI, Feb. 20, 2026 /PRNewswire/ -- India rediscovers its love for local flavours, Coca-Cola is bringing back its cult classic Rimzim Jeera with a comeback that’s anything but quiet. Led by the thought “Jeere mein heera, Rimzim Jeera,” the new campaign marks Rimzim’s bold return—not just as a nostalgic favourite, but as a proudly OG ethnic beverage for every generation.Leaning into nostalgia with a playful twist, the campaign revives Rimzim Jeera’s retro charm and reimagines an iconic R.D. Burman track ...

Key TakeawaysCoca-Cola (KO) has increased its quarterly dividend by 3.9% to $0.53 per share, marking the company's 64th consecutive annual increase.The board elected Todd Beiger as Vice President and Head of Investor Relations, effective March 31, 2026, succeeding Robin Halpern.The new annualized dividend of $2.12 per share offers a yield of approximately 2.7% based on current market prices.The company continues its streak as a "Dividend King," having returned $8.8 billion to shareholders in dividends durin ...

可口可乐连续第 64 年上调年度股息。 来源：滚动播报 ...

Industry Overview - The Zacks Beverages – Soft Drinks industry is experiencing growth driven by health-focused innovation and digital transformation, with rising demand for natural, low-sugar, and functional beverages [1] - Companies are expanding into adjacent categories like ready-to-drink (RTD) alcoholic drinks, leveraging AI-driven insights, e-commerce, and smart supply chains to enhance consumer engagement and operational efficiency [1] Challenges - The industry faces pressures from elevated input costs and tariff uncertainties, which are squeezing margins and complicating production planning [2] - Volatility in sugar, packaging, and freight expenses is prompting companies to adjust pricing strategies and reconfigure supply chains [2][7] - Ongoing tariff volatility adds unpredictability around key ingredients and equipment, particularly affecting price-sensitive markets [2][7] Key Players - Industry leaders such as The Coca-Cola Company, PepsiCo Inc., Monster Beverage Corporation, Keurig Dr Pepper Inc., and Vita Coco are well-positioned to advance through innovation and digital capabilities despite cost pressures [3] Consumer Trends - There is a significant shift in consumer preferences towards health and wellness, with increasing demand for beverages made from natural ingredients and reduced sugar [5] - Functional beverages that support hydration, energy, and mood are gaining market share, while plant-based and botanical-infused drinks are also becoming popular [5] Digital Transformation - Digital growth and innovation are reshaping the industry, with brands utilizing technology for consumer engagement and operational streamlining [6] - Advanced data analytics and AI-driven insights are helping companies personalize marketing and optimize product development, while e-commerce continues to expand [6] Financial Performance - The Zacks Beverages – Soft Drinks industry has outperformed the Consumer Staples sector and the S&P 500 Index over the past year, with a collective gain of 15.3% compared to the sector's 8.3% and the S&P 500's 14.3% [12] - The industry is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 20.1X, which is lower than the S&P 500's 22.48X and the sector's 18.06X [15] Stock Performance - Keurig Dr Pepper is expected to benefit from growth in the Refreshment Beverages segment, with a Zacks Consensus Estimate suggesting 5.3% sales growth and 6.7% earnings growth for 2026 [20] - Coca-Cola is positioned for long-term growth through strategic transformation and digital investments, with a projected 5% sales growth and 7.7% earnings growth for 2026 [24] - PepsiCo anticipates strong growth in its beverage business, with a Zacks Consensus Estimate indicating 4.5% sales growth and 5.4% earnings growth for 2026 [27] - Monster Beverage is experiencing strength in its energy drinks category, with a projected 9.5% sales growth and 15.2% earnings growth for 2026 [31] - Vita Coco is benefiting from its focus on expanding the coconut water category, with a projected 13.7% sales growth and 28.7% earnings growth for 2025 [33]

Licensing Expo, the ultimate gathering of global brand licensing leaders, unites Netflix, Warner Bros. Discovery, LEGO, NASCAR, Tetris, The Coca-Cola Company and moreLAS VEGAS, Feb. 19, 2026 (GLOBE NEWSWIRE) -- For over 45 years, Informa Markets' Licensing Expo has been the heartbeat of the global licensing industry, bringing together the world’s most influential brands, retailers, and manufacturers to shape the consumer landscape for years to come. This year, May 19-21, 2026, at the Mandalay Bay Convention ...

Coca-Cola Co. (NYSE:KO) has seen its Benzinga Edge value score plummet from 17.86 to a bottom-tier 3.28 in a single week as the stock gained 15% year-to-date, following its fourth quarter 2025 earnings report.Coca-Cola’s Value Score DropsThis sharp decline in the percentile-ranked metric, which compares market price to fundamental assets and earnings, suggests the stock is now heavily overvalued following its YTD price surge.Despite maintaining a relatively healthy quality score of 61.32 and strong price tr ...

Core Insights - The article highlights three companies with strong cash flow, dividends, value, and growth potential: Coca-Cola, Chevron, and McDonald's [1] Coca-Cola (KO) - Coca-Cola reported a 12% year-over-year revenue growth to $11.2 billion, with 10% of this growth attributed to organic sales volume [1] - The company maintains impressive operating margins around 33% and has a forward P/E ratio of 22, indicating potential for further appreciation [1] - Coca-Cola's strong brand recognition globally contributes to its consistent cash flows and growth [1] Chevron (CVX) - Chevron experienced a 12% revenue growth in the last quarter, with an EPS of $1.52 that exceeded estimates by over 5% [1] - The company has demonstrated resilience in maintaining margins despite fluctuations in commodity prices [1] - Chevron offers a dividend yield of over 4% and has a history of buybacks and dividend increases, making it attractive for long-term investors [1] McDonald's (MCD) - McDonald's achieved a 7% system-wide sales growth, driven by digital initiatives and menu innovation [1] - The company's strong global brand presence has allowed it to maintain market share and expand margins [1] - Despite a lower dividend yield compared to the other companies mentioned, McDonald's continues to raise its dividend due to increased cash flows [1]

Investment Strategy - The focus is on constructing investment portfolios that generate additional income through dividends by identifying companies with strong competitive advantages and excellent industry positioning [1] - Emphasis is placed on companies that can consistently increase dividend payments, providing attractive Dividend Yield and Dividend Growth [1] - The strategy aims to reduce dependence on broader stock market fluctuations by combining high Dividend Yield and Dividend Growth companies [1] Portfolio Diversification - A well-diversified portfolio across various sectors and industries is recommended to minimize volatility and mitigate risk [1] - Incorporating companies with a low Beta Factor is suggested to further reduce the overall risk level of the investment portfolio [1] - The investment portfolios typically consist of a blend of ETFs and individual companies, emphasizing broad diversification and risk reduction [1] Total Return Focus - The selection process for high dividend yield and dividend growth companies is meticulously curated, prioritizing total return, which includes both capital gains and dividends [1] - This approach ensures that the portfolio is designed to maximize returns while considering the full spectrum of potential income sources [1] - The goal is to create a well-crafted investment portfolio that generates extra income through dividends while reducing risk through diversification and prioritizing total return [1]

【导读】巴菲特最后一个任职季度的持仓动态揭晓 中国基金报记者 储是 含章 巴菲特卸任CEO前的最后一季调仓动作曝光。 根据近日披露的13F文件，伯克希尔继续调整科技巨头持仓，减持多只重仓股；增持了部分石油、消 费、金融股，并首次建仓纽约时报。 整体来看，截至2025年四季度末，伯克希尔前十大重仓股相较前一季度并未发生变化，只是在排名上有 略微调整。 巴菲特最后一个任职季度的持仓动态揭晓 美东时间2月17日（周二），美股收盘后，伯克希尔·哈撒韦向美国证券交易委员会（SEC）提交了13F 报告，公布了公司截至2025年第四季度末的持仓情况。2026年年初，格雷格·埃布尔（Greg Abel）正式 接替巴菲特担任伯克希尔CEO。这份报告揭晓了巴菲特最后一个任职季度的持仓动态。 整体来看，截至2025年四季度末，伯克希尔整体持仓规模为2740亿美元，较前一季度的2670亿美元有所 增加，前十大重仓股集中度为88.26%。 相较前一季度，伯克希尔前十大重仓股名单并未发生变化，排名略有调整。这十大重仓股分别是：苹 果、美国运通、美国银行、可口可乐、雪佛龙、穆迪（排名从第七升至第六）、西方石油（排名从第六 降至第七）、瑞士 ...