Core Insights - Coca-Cola HBC reported strong financial performance in 2025, with organic revenue growth of 8.1% and volume growth of 2.8%, marking the fifth consecutive year of growth and market share gains [4][7] - The company plans to acquire Coca-Cola Beverages Africa (CCBA), which is expected to enhance its presence in African markets and be accretive to earnings per share in the first full year post-acquisition [6][15] Financial Performance - Gross profit margin improved by 70 basis points, while operating costs rose by 10 basis points overall [1] - Comparable EBIT rose 11.5% organically to nearly €1.4 billion, with a comparable EBIT margin of 11.7%, a record high for the company [3] - Comparable earnings per share increased by 19.7% to €2.72, and free cash flow totaled €700 million [3][7] Revenue and Volume Growth - Organic revenue per case increased by 5.1%, driven primarily by pricing, with category and package mix also contributing [2] - Energy segment saw a significant volume increase of 28%, surpassing €1 billion in revenue for the first time [5][18] - Emerging markets delivered the strongest growth, with organic revenue increasing by 13.2% and volume rising by 4.4% [11] Market Segmentation - In established markets, organic revenue grew by 2.3%, with sparkling volumes showing slight growth, while still beverages declined [9] - Developing markets experienced a 6.1% organic revenue increase, with notable performance in the Czech Republic [10] - The company highlighted strong performance in Nigeria and Egypt within emerging markets, attributing growth to sustained investments and localized marketing strategies [12] Strategic Initiatives - The company is focusing on portfolio priorities including sparkling, energy, coffee, spirits, and snacks, with sparkling representing about two-thirds of group revenue [17] - Planned investments in sustainability initiatives include expanding deposit return systems and disaster relief efforts [27] 2026 Outlook - Management expects organic revenue growth of 6%–7% and organic EBIT growth of 7%–10% for 2026, despite potential risks from geopolitical factors and commodity inflation [5][22] - The company anticipates a more normalized finance cost environment in 2026, guiding to €25 million–€45 million [24]

Q4 & FY 2025 MARGIN ANALYSIS February 10, 2026 RECONCILIATION TO U.S. GAAP FINANCIAL INFORMATION FY 2025 MARGIN ANALYSIS The following presentation includes certain "non-GAAP financial measures" as defined in Regulation G under the Securities Exchange Act of 1934. A schedule which reconciles our results as reported under Generally Accepted Accounting Principles and the non-GAAP financial measures included in the following presentation is attached as an appendix hereto. Q4 2025 MARGIN ANALYSIS CONSOLIDATED G ...

Coca-Cola (NYSE: KO) reported fourth-quarter results that met EPS expectations but fell short on revenue, with the headline dominated by a $960 million non-cash impairment charge on its BODYARMOR trademark. ...

Core Insights - Coca-Cola reported fourth-quarter results that met EPS expectations but fell short on revenue, primarily due to a $960 million non-cash impairment charge on its BODYARMOR trademark, reflecting slowing growth in the sports drink category and increased competitive pressure [3][8] Financial Performance - Revenue for the quarter was $11.82 billion, missing estimates by 4.6% compared to the expected $12.39 billion [8] - Operating income decreased by 32% year-over-year to $1.84 billion [8] - Net income for the quarter was reported at $2.27 billion [8] - Comparable currency neutral operating income grew by 13%, and global unit case volume increased by 1%, driven by strong performance in Brazil, the United States, and Japan [4] Strategic Outlook - Management provided guidance for 2026, projecting organic revenue growth of 4% to 5% and comparable EPS growth of 7% to 8%, with an anticipated 3% currency tailwind [5] - Free cash flow is expected to be approximately $12.2 billion [5] - The company announced the creation of a chief digital officer position to enhance digital transformation efforts [6] - Coca-Cola plans to close the sale of Coca-Cola Beverages Africa in the second half of 2026 [6] Dividend Information - Coca-Cola increased its dividends for the 63rd consecutive year, paying out $8.78 billion in dividends during 2025 [6][8]

Group 1: MrBeast and Banking - MrBeast, also known as Jimmy Donaldson, has acquired the financial services app Step through his company Beast Industries [1] Group 2: Coca-Cola's Financial Performance - Coca-Cola's shares are down following mixed fourth-quarter results, with adjusted earnings per share exceeding expectations but adjusted revenue at $11.82 billion, below the anticipated $12.03 billion [2][3] - The company projects organic revenue growth of 4% to 5% for 2026, facing weakening demand as consumers become more budget-conscious [3] Group 3: Alphabet's AI Investments - Alphabet is planning to raise $20 billion through a U.S. dollar bond sale to fund its artificial intelligence initiatives, with capital expenditures in 2026 expected to more than double those of 2025 [6] - The company has acknowledged risks associated with increased consumer use of generative AI, which could impact its core advertising business [5] Group 4: Target's Operational Changes - Target is reallocating resources to improve in-store experiences by increasing staffing while cutting around 500 jobs at distribution centers and regional offices [10] - The new CEO, Michael Fiddelke, aims to address customer complaints regarding store conditions and checkout efficiency [11] Group 5: Novo Nordisk's Regulatory Issues - Novo Nordisk is under scrutiny from the FDA for misleading claims in an advertisement for its Wegovy pill, which the company is addressing [12] - Despite the regulatory challenges, shares of Novo Nordisk rose over 3% in the previous trading session [12]

Core Viewpoint - Alphabet Inc. is preparing to issue a rare 100-year bond, aiming to raise approximately $20 billion to support its significant investments in artificial intelligence and other technologies, marking a notable shift in how tech companies are perceived in the financial market [1][2] Group 1: Century Bonds Overview - Century bonds are unique financial instruments typically issued by companies with exceptional longevity and financial resilience, often associated with blue-chip industrial firms rather than technology companies [1] - If Alphabet proceeds with this bond issuance, it will join a select group of corporations that have issued 100-year debt, including Ford Motor Co. and Motorola [1] - The rarity of century bonds makes them attractive to life insurance companies and pension funds, which seek long-term assets to match their obligations [1][2] Group 2: Investor Demand and Market Perception - Analysts expect strong demand for Alphabet's 100-year bond, with reports indicating over $100 billion in demand across various currencies and maturities, reflecting a sustained appetite for high-grade corporate debt [1][2] - The willingness of investors to commit capital to a technology company for a century indicates a shift in perception, viewing hyperscale tech firms as critical infrastructure rather than cyclical entities [2] - The strategic choice to issue the bond in sterling is seen as beneficial, as the UK market has a deep pool of investors familiar with ultra-long maturities [2] Group 3: Alphabet's Funding Strategy - The century bond issuance is part of a broader multi-tranche offering, including a seven-part dollar transaction and potential issuance in Swiss francs, showcasing a diversified funding approach [2] - Alphabet's previous bond issuance in November raised $17.5 billion, attracting approximately $90 billion in orders, indicating strong market interest [2]

Core Viewpoint - Coca-Cola's stock is experiencing its largest decline in 10 months due to quarterly sales that fell short of expectations [1] Group 1: Financial Performance - Quarterly sales missed expectations, leading to a significant drop in stock value [1] - The decline in stock price reflects investor concerns over the company's growth trajectory [1] Group 2: Market Reaction - The stock's performance indicates a negative market reaction to the earnings report [1] - Investors are reassessing their positions in light of the disappointing sales figures [1]

Core Insights - Coca-Cola reported higher fourth-quarter revenue, driven by increased prices and sales volume [1] Group 1: Financial Performance - The company experienced a boost in revenue due to higher pricing strategies [1] - Sales volume also contributed positively to the overall revenue growth [1]

Core Insights - Coca-Cola experienced stronger U.S. demand in Q4, with global unit case volumes growing by 1% driven by the U.S., Japan, and Brazil [1] - The company raised prices by 4% in North America and 1% globally during the quarter, with Coca-Cola Zero Sugar sales increasing by 13% [2] - Revenue for the October-December period rose by 2% to $11.8 billion, which was below Wall Street expectations of $12.05 billion [4] Demand and Consumer Trends - There is a divergence in consumer behavior in North America and Europe, with higher-income consumers favoring premium brands while lower-income consumers face more pressure [3] - The introduction of 7.5-ounce mini cans aims to make soft drinks more affordable for consumers [3] Financial Performance - Net income increased by 3% to $2.3 billion, with adjusted earnings per share at 58 cents, exceeding Wall Street's expectations by 2 cents [4] - The company anticipates organic revenue growth of 4% to 5% in 2026, following a 5% growth last year [4] Leadership Changes - Henrique Braun, the current COO, will become CEO on March 31, with James Quincey transitioning to executive chairman [5]

Coca-Cola expects annual sales growth in line with estimates, bolstered by higher prices and demand for zero-sugar drinks https://t.co/iFva1yjTNb ...