Coke shares pop ahead of one of 'most promising' new launches in decades

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Coca-Cola shares rallied after its latest earnings report Friday, and the highly anticipated launch of a Red Bull, Monster Beverage energy drink competitor is coming.

"The top line was driving the strong results," said Laurent Grandet, managing director, beverage and foods lead analyst at Guggenheim Securities. "We were expecting 4% organic growth and they delivered 5%.""Investors are very happy with the top line, but it still remains to be seen how the earning power will continue to improve, especially next year," Grandet said.

"They were very good at offering smaller packaging sold at a premium and increasing the immediate consumption ... sold in coolers and at a higher price. It's how the company is attempting to grow in the future, offering more premium products, smaller packaging where consumers tend to consume drinks."

Coke Zero Sugar had another quarter of double-digit volume growth and 7.5-ounce mini cans of soda grew by 15%. Sealed cans of Coke Zero Sugar soft drink move along a conveyor at a Coca-Cola Co. factory in Dongen, Netherlands.The consumer staples sector is booming this year, with Coke up 16% and its competitor

 

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FlexSharesETFs Is it Old Coke, which is what they could call New Coke if they brought it back?

FlexSharesETFs Put it back in glass. Leave it original.

FlexSharesETFs Poison☠️

FlexSharesETFs China, Nike, the NBA & LeBronJames love it!

FlexSharesETFs Coke, the top plastic polluters of the planet!!!!!!!!!!!!

FlexSharesETFs Biggest plastic polluter on planet Earth. CocaCola

FlexSharesETFs Promoting a garbage product

FlexSharesETFs Coke is largest contributor to plastic pollution.

FlexSharesETFs Coca-Cola hires assassins to kill union organizers. Yeah, quintessential American Corporation, all right.

FlexSharesETFs One of the largest distributors of plastic bottles

FlexSharesETFs You're blocked along with every other lying leftwing advertiser's!

FlexSharesETFs Boycott Coke/Coca Cola as if your life depends on it, because it does.

FlexSharesETFs Haven’t you heard?

FlexSharesETFs Manufacturing nutritional garbage isn’t doing us any favors.

FlexSharesETFs I bought five two liters for this. CocaCola TheSquad Also, you can't make a decent Cuba Libre with anything else.

FlexSharesETFs But Pepsi just taste better...

FlexSharesETFs Thanks for letting me know to block FlexSharesETFs!! Much appreciated.

FlexSharesETFs Oh no more 'new' coke. Leave it alone!

FlexSharesETFs realDonaldTrump 2020!!

FlexSharesETFs 20 years ago I figured out it’s all food coloring and chemicals. My beverages of choice are water, plain iced tea and vodka!

FlexSharesETFs New Coke 2.0 ?

FlexSharesETFs I only use it to clean acid off my battery!

FlexSharesETFs Who drinks soda anymore? Haven't had one in over 15 yrs.

FlexSharesETFs Coke - loaded with calories yet zero nutritional value!? How do they do it?

FlexSharesETFs Moral to the story, All soda is bad for you. Drink water instead.

FlexSharesETFs

FlexSharesETFs Purveyors of poison.

crap, even their stevia is GMO crap

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