Full Year Net Sales were $610 million, up 18%, driven by strong Vita Coco Coconut Water growth of 26% Full Year Net Income Increased $15 million to $71 million and Non-GAAP Adjusted EBITDA1 Increased $14 million to $98 million For Fiscal Year 2026, Expect Net Sales between $680 million and $700 million and Adjusted EBITDA2 between $122 million and $128 million NEW YORK, Feb. 18, 2026 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) (“Vita Coco” or “the Company”), a leading high-growth platform ...

Core Insights - Investing in dividend-paying stocks, like Coca-Cola, provides a pathway for passive income, allowing investors to earn without selling shares [1][2] - Warren Buffett's investment in Coca-Cola serves as a model for building a portfolio focused on consistent dividend income [2][3] Company Performance - Berkshire Hathaway holds 400 million shares of Coca-Cola, which raised its quarterly dividend to 51 cents per share in 2025, potentially yielding $816 million in annual dividend income for Berkshire [3][4] - Coca-Cola's dividend payout has increased from $75 million in 1994 to $704 million in 2022, showcasing a consistent growth in dividends over the years [6] Investment Strategy - Companies with durable competitive advantages are recommended for dividend stock investments, emphasizing the importance of understanding business fundamentals [7] - Coca-Cola has raised its dividend for 63 consecutive years, reflecting a strong commitment to shareholder returns [6]

Core Insights - The company achieved record revenue and profit by balancing headline pricing with a significant shift toward high-margin brand and pack mix, particularly in away-from-home channels [1] - European volume pressure in France and Germany was attributed to specific fiscal headwinds, including a substantial sugar tax increase on core sparkling brands [1] - A major operational pivot was executed in Indonesia, reducing manufacturing sites from eight to five and transitioning to a distributor-led route-to-market to improve long-term cost-to-serve [1] Market Performance - The energy category evolved from functional to mainstream, with Monster volumes growing nearly 20% through expanded cooler placement and Zero-sugar innovation [1] - The company achieved a record high sparkling value share of 77% in the Philippines, supported by efficiency delivery and customer wins like the 1,300-strong Angels Burger chain [1] Strategic Initiatives - The company prioritized 'Revenue and Margin Growth Management' (RMGM) to offset inflationary labor costs, focusing on promotional effectiveness over pure volume discounting [1] - Digital integration was accelerated by establishing a new shared service center in Manila to harmonize global processes and deploying AI for enhanced demand forecasting [1]

Core Insights - Coca-Cola enters the conference from a position of strength, leveraging a powerful brand portfolio and a scaled system that ensures consistent organic sales growth and strong returns [2] Company Overview - The company is characterized by resilience across economic cycles, indicating its robust operational framework and market positioning [2] Leadership Transition - The presentation features Coca-Cola's Chief Operating Officer and CEO-elect, Henrique Braun, along with CFO John Murphy, highlighting a new chapter in leadership [3]

Summary of The Coca-Cola Company Conference Call Company Overview - **Company**: The Coca-Cola Company (NYSE: KO) - **Event**: 2026 Conference held on February 17, 2026 - **Key Speakers**: Henrique Braun (CEO-elect), John Murphy (CFO) Core Industry Insights - Coca-Cola is positioned strongly within the global consumer staples environment, leveraging a powerful brand portfolio and a scalable system that ensures consistent organic sales growth and resilience across economic cycles [1][2] - The company emphasizes its belief in the beverage industry as a long-term investment opportunity, highlighting vast potential for consumer and customer value creation [5] Financial Performance - Coca-Cola achieved a significant milestone with an EPS of $3, marking a sustainable growth trajectory in both top-line and bottom-line performance [4] - The company generated over $80 billion in free cash flow since 2017, with a return on invested capital nearly double that of its consumer packaged goods peers [29] Strategic Priorities - **Enduring Strengths**: Coca-Cola identifies three key beliefs that will guide its future: 1. The beverage industry is the best sector to be in, with vast opportunities ahead [5] 2. The ability to build billion-dollar brands sustainably, increasing from 30 to 32 such brands recently [6] 3. An unparalleled system of collaboration with bottlers, enhancing operational efficiency and market reach [7][10] - **New Principles for Growth**: The company plans to focus on: 1. Becoming more consumer-centric, enhancing engagement through insights and innovation [12] 2. Integrating digital strategies into all aspects of operations to amplify existing strengths [12][23] 3. Fostering local intimacy while maintaining global scalability in marketing efforts [13][14] Innovation and Brand Development - Coca-Cola has streamlined its brand portfolio from over 400 to less than 170 brands, improving innovation success rates [19] - The company aims to leverage insights from local markets to accelerate innovation and brand development, focusing on building multi-billion dollar brands [21] Operational Efficiency - Coca-Cola is committed to margin expansion while investing in brand and market growth, emphasizing gross margin discipline and a future-ready supply chain [32][33] - The company is transitioning to an asset-light model, enhancing collaboration with partners to optimize resource allocation [34][36] Digital Transformation - Digital initiatives are seen as a "superpower" for Coca-Cola, with plans to leverage data for competitive advantage and improve consumer engagement [23][24] - The company is focused on integrating digital platforms into marketing strategies, exemplified by its approach to the FIFA World Cup campaign [14][18] Future Outlook - Coca-Cola expects high single-digit EPS growth supported by currency tailwinds and continued investment in brands and markets [27] - The company is optimistic about its long-term growth algorithm and the strength of its ecosystem, aiming to optimize capital structure and maximize shareholder returns [41] Conclusion - Coca-Cola is poised for continued growth, driven by a strong operational model, strategic focus on consumer engagement, and a commitment to innovation and digital transformation [42]

Core Insights - Berkshire Hathaway holds a significant 9.32% stake in Coca-Cola, benefiting from a 63-year dividend growth streak, with the latest quarterly dividend of $0.51 per share paid on December 15, 2025 [2][3][7] - The annualized dividend of $2.04 per share generates approximately $816 million annually for Berkshire Hathaway from its 400 million shares, translating to about $204 million per quarter [4][5][9] Dividend Growth and Performance - Coca-Cola has raised its dividend for 63 consecutive years, achieving Dividend King status, with a recent increase of 5.2% from $0.485 to $0.51 per share in 2025 [7] - Over the past five years, Coca-Cola's dividend has increased from $1.60 in 2019 to $2.04 in 2025, representing a cumulative increase of 27.5% [7] Dividend Sustainability - In 2025, Coca-Cola paid out $8.78 billion in dividends against an operating cash flow of $7.41 billion, resulting in a payout ratio of 118.5%, indicating that the company distributed more cash to shareholders than it generated from operations [8][9] - Coca-Cola projects a free cash flow of $12.2 billion for 2026, following two years of dividend payouts exceeding operating cash flow [9]

John Murphy PRESIDENT & CFO Henrique Braun CEO ELECT CAGNY 1 Forward-Looking Statements This presentation may contain statements, estimates or projections that constitute "forward-looking statements" as defined under U.S. federal securities laws. Generally, the words "believe," "opportunity," "ahead," "expect," "intend," "estimate," "anticipate," "project," "will" and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward- looking statements are subjec ...

Operating profit rose to EUR 2.8 billion , up 7.1% , on an operating margin of 13.4% , an expansion of around 50 basis points. Earnings per share were EUR 4.11 , up 6.2% on a comparable basis, with buybacks providing accretion but offset by a higher effective tax rate and higher interest expense as debt is refinanced at higher rates.CFO Ed Walker reported revenue of EUR 20.9 billion , up 2.8% , with comparable volumes “marginally ahead.” Revenue per case increased 2.9% , with Walker emphasizing that more th ...

Molson Coors Beverage Company (NYSE:TAP) is one of the 12 Dividend Stocks With High Insider Buying. Evercore Raises Price Target on Molson Coors (TAP), Maintains Outperform Rating On February 9, 2026, Evercore ISI analyst Robert Ottenstein maintained an Outperform rating on Molson Coors Beverage Company (NYSE:TAP) and raised the stock’s price target from $50 to $55. Conversely, in a recent update on February 11, 2026, JPMorgan’s analyst Andrea Faria Teixeira maintained a Hold rating on the stock with a p ...

Financial Data and Key Metrics Changes - The company reported revenue of EUR 20.9 billion, an increase of 2.8%, with comparable volumes marginally ahead [12][13] - Operating profit reached EUR 2.8 billion, up 7.1%, with an operating margin of 13.4%, an expansion of around 50 basis points [14] - Earnings per share (EPS) increased to EUR 4.11, up 6.2% on a comparable basis [14] - Free cash flow was strong at just over EUR 1.8 billion, after significant capital expenditures of nearly EUR 1 billion [15] Business Line Data and Key Metrics Changes - The non-alcoholic ready-to-drink (NARTD) category grew around 6% in value terms, with volume growth in Europe up 2% and Australia Pacific Southeast Asia (APS) up 5% [7] - The energy category saw a remarkable volume growth of nearly 20%, driven by strong performance from brands like Monster [9][66] - The ready-to-drink tea segment, particularly Fuze Tea, led the category in Iberia, contributing to overall growth [10] Market Data and Key Metrics Changes - The UK market, the largest revenue contributor, experienced nearly 6% revenue growth, with significant contributions from Coca-Cola Zero and Diet Coke [16] - In Australia, top-line performance excluding alcohol was impressive at 7%, marking the strongest growth in years [17] - Indonesia faced challenges with NARTD volumes down double digits, but there was an improving performance in the second half of the year [28] Company Strategy and Development Direction - The company is focused on executing a value creation strategy, generating EUR 4 billion for retail customers and returning EUR 4 billion to shareholders through dividends and buybacks [4] - There is a commitment to maximizing returns for shareholders, with a further EUR 1 billion share buyback planned [20] - The company is investing in digital capabilities and AI to enhance operations and decision-making processes [31][32] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving organic revenue growth of 7% and profit sustainability over the midterm [33] - The company anticipates revenue growth of 3%-4% for 2026, driven by volumes and revenue per unit case [34] - Management acknowledged challenges in the consumer environment but remains optimistic about the company's positioning in growing categories [36] Other Important Information - The company has been recognized as a top employer and is investing in training for digital and AI capabilities [8] - Sustainability efforts continue, with progress in packaging collection and decarbonization initiatives [12] Q&A Session Summary Question: How did Europe perform in Q4, particularly in Germany and France? - Management noted a strong exit rate in Europe, with challenges in Germany and France due to higher promotional prices and tax increases impacting volumes [39][40] Question: What tailwind is expected from the World Cup? - Management highlighted extensive activation plans for the World Cup and EPL, aiming to engage consumers through promotions and on-pack activities [46][47] Question: What is the underlying growth excluding portfolio changes? - Management indicated that backing out portfolio changes would show growth between half a point and a point, aligning with midterm guidance [58][59] Question: What is the outlook for the energy category growth? - Management expects the energy category to maintain mid-teen growth levels, supported by innovation and distribution efforts [66] Question: What is the guidance for Indonesia's performance? - Management expects Indonesia to grow in volume and revenue, but has not reflected significant upside potential in guidance yet [78]