Articles for Quincey

Coca-Cola's Revenue and Volume Growth Slows, But It Beats Wall Street's Forecast
2 months ago

Coca-Cola's Revenue and Volume Growth Slows, But It Beats Wall Street's Forecast

Associated Press  

Coca-Cola's quarterly revenue fell due to a decline in sales volumes, but the company still exceeded Wall Street's forecasts. The company hiked prices 10% in the July-September period, but this is hurting demand. Coke is focused on making drinks more affordable by offering smaller pack sizes and, in some markets, refillable bottles. However, the company is also seeing some inflation …

Atlanta
Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter
5 months ago

Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter

Associated Press  

Coca-Cola is raising its full-year sales guidance after a stronger-than-expected second quarter boosted by continued price increases. In North America, where Coke’s prices rose 11%, about half of the increase was due to sales of more expensive beverages like Topo Chico mineral water and Fairlife milk, Quincey said. Yes, we’ll look to put it through.” But price increases appear to …

Price Sales North America Coke Price Increases Quincey
Coke’s strong quarter fueled by higher prices, China rebound
1 year, 8 months ago

Coke’s strong quarter fueled by higher prices, China rebound

Associated Press  

Coca-Cola Co. reported higher-than-expected sales in the first quarter as it continued to hike prices and its business in China improved. Coke Chairman and CEO James Quincey said higher demand at restaurants and robust new year celebrations in China were a stark comparison with last year, when a new variant of the coronavirus depressed demand. Quincey said Coke is trying …

Sales Company Quincey China Coke
Coke sees slower growth ahead as price hikes moderate
1 year, 10 months ago

Coke sees slower growth ahead as price hikes moderate

Associated Press  

Coca-Cola said higher prices didn’t hurt demand for its drinks in the fourth quarter, but it expects slower growth ahead as inflation cools and price increases moderate. Pricing and mix — which includes changes in package sizes — contributed 12% to revenue growth in the fourth quarter, while concentrate sales rose 2%, Coke said. Quincey said Coke will continue to …

Growth Price Sales Coke Soft Drinks Price Increases Quincey
The Indian soldier who vanished on a glacier 38 years ago
2 years ago

The Indian soldier who vanished on a glacier 38 years ago

Al Jazeera  

The widow of a soldier whose body was found on Siachen Glacier this summer always hoped he would ‘come home someday’. Devi recounted how, on May 29, 1984, Harbola’s 18-man patrol unit was “struck by an avalanche in the darkness of the night”. ‘Operation Meghdoot’ Harbola had been posted to the Siachen Glacier as part of “Operation Meghdoot”, launched by …

Pakistan Climate Water Kashmir Uttarakhand Glacier Glaciers
Delta and Coca-Cola Blast Georgia’s Restrictive Voting Law as Public Corporate Opposition Grows
54 years, 11 months ago

Delta and Coca-Cola Blast Georgia’s Restrictive Voting Law as Public Corporate Opposition Grows

Slate  

Shortly after a group of Black business executives called on corporate America to do more in pushing back against restrictive voting bills making their way through state legislatures, a handful of Georgia’s highest-profile companies took stronger public stands against the state’s recently passed voting law. The state is home to a host of America’s biggest companies—including Coca-Cola, Delta Air Lines, …

Law Georgia Voting Republican Vote Public Delta
Under pressure, some Ga. corporate leaders slam voting bill
3 years, 8 months ago

Under pressure, some Ga. corporate leaders slam voting bill

Associated Press  

ATLANTA — Some of Georgia’s most prominent corporate leaders on Wednesday began to more forcefully criticize the state’s sweeping new election law, acknowledging concerns of civil rights activists and Black business executives who say the measure targets non-white voters and threatens the democratic process. “Delta’s statement finally tells the truth — even if it’s late,” said Nsé Ufot of the …

Georgia Corporate Rights Election Legislation Voting Rights Leaders
Georgia-based companies face boycott calls over voting bill
3 years, 8 months ago

Georgia-based companies face boycott calls over voting bill

CNN  

New York CNN Business — Opponents of a law that changed voting rules in Georgia are calling for boycotts of high-profile Georgia based companies, including Delta, Coca-Cola and Home Depot. “Nonetheless, we understand concerns remain over other provisions in the legislation, and there continues to be work ahead in this important effort.” But that statement sparked backlash among bill opponents, …

Georgia Black Boycott Legislation Companies Statement Voter