Will Refranchising Deals Unlock Coca-Cola's Next Margin Boost?
Coca-ColaCoca-Cola(US:KO) ZACKS·2025-12-16 16:01

Key Takeaways KO is shifting to a brand-led franchise system, refranchising bottling operations globally.KO's Q3 2025 operating margin rose 115 bps, currency-neutral margin up 270 bps.Strategic franchise partners and efficiency initiatives are driving system-wide growth and profitability.The Coca-Cola Company (KO) has been aggressively refranchising bottling operations globally, moving from owning many bottlers to focusing on a brand-led, franchise system. The company continues to witness a margin growth tr ...