Milling & Baking News Corporate Profiles - 2019 - 66

COMPANY OVERVIEW

Coca-Cola Co.
Portfolio expands in coffee, energy drinks
he Coca-Cola Co., Atlanta, continues to
seek growth through expansion in different
categories like energy and coffee.
Coca-Cola initially introduced Coca-Cola Zero
Sugar soft drinks in international markets before
launching the product in the United States. Now,
the beverage company is following a similar
strategy with energy drinks.
Coca-Cola Energy, a recent portfolio addition,
was available in more than 25 global markets
by the end of the third quarter of fiscal 2019. A
"2.0 version" will launch in the United States in
2020, said James R.B. Quincey, chief executive
officer of Coca-Cola, in an Oct. 18 earnings call
to discuss third-quarter results. The flavor profile
will move closer to Coca-Cola Classic, he said.
"The energy category in the U.S. is much more
developed than many of the other markets, and
therefore we are clearly taking an approach of
trying to bring new consumers into the category
rather than competing for the current ones," Mr.
Quincey said. "And we believe that, based on our
experiences in the launch markets and our research in the U.S., that doing so with a formula
closer to Coke will be more effective."
A legal issue with Coca-Cola Energy was
resolved in July. An arbitration tribunal of the
American Arbitration Association ruled the

T

introduction of Coca-Cola Energy is allowed under the terms of a contract between Coca-Cola
and Monster Beverage Corp., Corona, Calif. The
tribunal ruled the energy drink falls within an
exception to a non-compete provision relating
to beverages marketed or positioned under the
Coca-Cola brand.
To expand in coffee, the Coca-Cola Co. in
January completed the acquisition of Costa Ltd.
from Whitbread P.L.C. for $4.9 billion. Costa has
operations in more than 30 countries.
Mr. Quincey said Coca-Cola will focus Costa
on three segments: the express vending machine, beans and machines for food service customers, and ready-to-drink products. Coca-Cola
launched the first-ever Costa Coffee ready-todrink chilled product in Great Britain during the
second quarter.
In soft drinks, Coca-Cola Zero Sugar experienced double-digit volume growth in the third
quarter ended Sept. 27. Trademark Coca-Cola

grew in retail value by 6% through the first
three quarters of the fiscal year due to innovation and price/pack architecture, according to
the company.
"While consumer behavior is rapidly evolving, we continue to find new ways to connect
with consumers through our leader brands," Mr.
Quincey said.
In bottled water, packaging plans for the
Dasani brand relate to recycling.
"In the U.S., we're working on a number
of packaging plans with Dasani, including removing the equivalent of 1 billion virgin P.E.T.
(polyethylene terephthalate) plastic bottles from
the supply chain over the next five years," Mr.
Quincey said. "Dasani will introduce a lineup of
recyclable, reusable and package-free options,
including aluminum packages and expansion
of PureFill water dispensers, which leverage our
Coca-Cola Freestyle technology."
Through the first nine months of fiscal 2019,
Coca-Cola companywide posted net income of
$6,878 million, or $1.61 per share on the common stock, which was up 23% from $5,564
million, or $1.31 per share, in the same time
of the previous year. Nine-month net operating
revenues of $28,198 million were up 6% from
$26,494 million. CP

Chief executive officer -
James R.B. Quincey

Coca-Cola net income

Coca-Cola operating revenues

Coca-Cola share price

per share
$57

$6,527

2016

66 \ November 2019

$1,248

2017

$6,434

2018

in millions

in millions

$53
$49

$41,863

$35,410

$31,856
$45

2016

2017

2018

$41
Oct.
2018

Dec.

Milling & Baking News * Food Business News * Baking & Snack * Meat+Poultry * Pet Food Processing

Feb. April
2019

June

Aug.

Oct.

Corporate Profiles



Milling & Baking News Corporate Profiles - 2019

Table of Contents for the Digital Edition of Milling & Baking News Corporate Profiles - 2019

Milling & Baking News Corporate Profiles - 2019
CONTENTS
EDITORIAL - Plant-based foods: Chronicle of a boom foretold
INDUSTRY REVIEW: GRAIN-BASED FOODS
INDUSTRY REVIEW: PACKAGED FOODS
INDUSTRY REVIEW: BEVERAGES
INDUSTRY REVIEW: MEAT AND POULTRY
INDUSTRY REVIEW: DAIRY
INDUSTRY REVIEW: CONFECTIONERY
INDUSTRY REVIEW: FOOD SERVICE
INDUSTRY REVIEW: PET FOOD
INDUSTRY REVIEW: PLANT PROTEIN
INDUSTRY REVIEW: CANNABIS
Beyond Meat, Inc.
Grupo Bimbo S.A.B. de C.V.
Campbell Soup Co.
Coca-Cola Co.
Conagra Brands, Inc.
Danone S.A.
Dean Foods Co.
The Ferrero Group
Flowers Foods, Inc.
General Mills, Inc.
The Hershey Co.
Hostess Brands, Inc.
The J.M. Smucker Co.
Kellogg Co.
Kraft Heinz Co.
Kroger Co.
Mars, Inc.
McDonald’s Corp.
Mondelez International
Nestle S.A.
PepsiCo, Inc.
Post Holdings, Inc.
TreeHouse Foods, Inc.
Tyson Foods, Inc.
Walmart Inc.
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Milling & Baking News Corporate Profiles - 2019 - 2
Milling & Baking News Corporate Profiles - 2019 - 3
Milling & Baking News Corporate Profiles - 2019 - 4
Milling & Baking News Corporate Profiles - 2019 - 5
Milling & Baking News Corporate Profiles - 2019 - CONTENTS
Milling & Baking News Corporate Profiles - 2019 - 7
Milling & Baking News Corporate Profiles - 2019 - EDITORIAL - Plant-based foods: Chronicle of a boom foretold
Milling & Baking News Corporate Profiles - 2019 - 9
Milling & Baking News Corporate Profiles - 2019 - INDUSTRY REVIEW: GRAIN-BASED FOODS
Milling & Baking News Corporate Profiles - 2019 - 11
Milling & Baking News Corporate Profiles - 2019 - 12
Milling & Baking News Corporate Profiles - 2019 - 13
Milling & Baking News Corporate Profiles - 2019 - 14
Milling & Baking News Corporate Profiles - 2019 - 15
Milling & Baking News Corporate Profiles - 2019 - 16
Milling & Baking News Corporate Profiles - 2019 - 17
Milling & Baking News Corporate Profiles - 2019 - 18
Milling & Baking News Corporate Profiles - 2019 - 19
Milling & Baking News Corporate Profiles - 2019 - 20
Milling & Baking News Corporate Profiles - 2019 - 21
Milling & Baking News Corporate Profiles - 2019 - 22
Milling & Baking News Corporate Profiles - 2019 - 23
Milling & Baking News Corporate Profiles - 2019 - INDUSTRY REVIEW: PACKAGED FOODS
Milling & Baking News Corporate Profiles - 2019 - 25
Milling & Baking News Corporate Profiles - 2019 - 26
Milling & Baking News Corporate Profiles - 2019 - 27
Milling & Baking News Corporate Profiles - 2019 - 28
Milling & Baking News Corporate Profiles - 2019 - 29
Milling & Baking News Corporate Profiles - 2019 - 30
Milling & Baking News Corporate Profiles - 2019 - 31
Milling & Baking News Corporate Profiles - 2019 - INDUSTRY REVIEW: BEVERAGES
Milling & Baking News Corporate Profiles - 2019 - 33
Milling & Baking News Corporate Profiles - 2019 - INDUSTRY REVIEW: MEAT AND POULTRY
Milling & Baking News Corporate Profiles - 2019 - 35
Milling & Baking News Corporate Profiles - 2019 - 36
Milling & Baking News Corporate Profiles - 2019 - 37
Milling & Baking News Corporate Profiles - 2019 - INDUSTRY REVIEW: DAIRY
Milling & Baking News Corporate Profiles - 2019 - 39
Milling & Baking News Corporate Profiles - 2019 - 40
Milling & Baking News Corporate Profiles - 2019 - 41
Milling & Baking News Corporate Profiles - 2019 - INDUSTRY REVIEW: CONFECTIONERY
Milling & Baking News Corporate Profiles - 2019 - 43
Milling & Baking News Corporate Profiles - 2019 - 44
Milling & Baking News Corporate Profiles - 2019 - 45
Milling & Baking News Corporate Profiles - 2019 - INDUSTRY REVIEW: FOOD SERVICE
Milling & Baking News Corporate Profiles - 2019 - 47
Milling & Baking News Corporate Profiles - 2019 - 48
Milling & Baking News Corporate Profiles - 2019 - 49
Milling & Baking News Corporate Profiles - 2019 - INDUSTRY REVIEW: PET FOOD
Milling & Baking News Corporate Profiles - 2019 - 51
Milling & Baking News Corporate Profiles - 2019 - INDUSTRY REVIEW: PLANT PROTEIN
Milling & Baking News Corporate Profiles - 2019 - 53
Milling & Baking News Corporate Profiles - 2019 - 54
Milling & Baking News Corporate Profiles - 2019 - 55
Milling & Baking News Corporate Profiles - 2019 - INDUSTRY REVIEW: CANNABIS
Milling & Baking News Corporate Profiles - 2019 - 57
Milling & Baking News Corporate Profiles - 2019 - Beyond Meat, Inc.
Milling & Baking News Corporate Profiles - 2019 - 59
Milling & Baking News Corporate Profiles - 2019 - Grupo Bimbo S.A.B. de C.V.
Milling & Baking News Corporate Profiles - 2019 - 61
Milling & Baking News Corporate Profiles - 2019 - 62
Milling & Baking News Corporate Profiles - 2019 - 63
Milling & Baking News Corporate Profiles - 2019 - Campbell Soup Co.
Milling & Baking News Corporate Profiles - 2019 - 65
Milling & Baking News Corporate Profiles - 2019 - Coca-Cola Co.
Milling & Baking News Corporate Profiles - 2019 - 67
Milling & Baking News Corporate Profiles - 2019 - Conagra Brands, Inc.
Milling & Baking News Corporate Profiles - 2019 - 69
Milling & Baking News Corporate Profiles - 2019 - Danone S.A.
Milling & Baking News Corporate Profiles - 2019 - Dean Foods Co.
Milling & Baking News Corporate Profiles - 2019 - The Ferrero Group
Milling & Baking News Corporate Profiles - 2019 - 73
Milling & Baking News Corporate Profiles - 2019 - Flowers Foods, Inc.
Milling & Baking News Corporate Profiles - 2019 - 75
Milling & Baking News Corporate Profiles - 2019 - 76
Milling & Baking News Corporate Profiles - 2019 - 77
Milling & Baking News Corporate Profiles - 2019 - General Mills, Inc.
Milling & Baking News Corporate Profiles - 2019 - 79
Milling & Baking News Corporate Profiles - 2019 - 80
Milling & Baking News Corporate Profiles - 2019 - 81
Milling & Baking News Corporate Profiles - 2019 - The Hershey Co.
Milling & Baking News Corporate Profiles - 2019 - 83
Milling & Baking News Corporate Profiles - 2019 - Hostess Brands, Inc.
Milling & Baking News Corporate Profiles - 2019 - 85
Milling & Baking News Corporate Profiles - 2019 - The J.M. Smucker Co.
Milling & Baking News Corporate Profiles - 2019 - 87
Milling & Baking News Corporate Profiles - 2019 - Kellogg Co.
Milling & Baking News Corporate Profiles - 2019 - 89
Milling & Baking News Corporate Profiles - 2019 - 90
Milling & Baking News Corporate Profiles - 2019 - 91
Milling & Baking News Corporate Profiles - 2019 - Kraft Heinz Co.
Milling & Baking News Corporate Profiles - 2019 - 93
Milling & Baking News Corporate Profiles - 2019 - Kroger Co.
Milling & Baking News Corporate Profiles - 2019 - 95
Milling & Baking News Corporate Profiles - 2019 - Mars, Inc.
Milling & Baking News Corporate Profiles - 2019 - 97
Milling & Baking News Corporate Profiles - 2019 - McDonald’s Corp.
Milling & Baking News Corporate Profiles - 2019 - 99
Milling & Baking News Corporate Profiles - 2019 - Mondelez International
Milling & Baking News Corporate Profiles - 2019 - 101
Milling & Baking News Corporate Profiles - 2019 - Nestle S.A.
Milling & Baking News Corporate Profiles - 2019 - 103
Milling & Baking News Corporate Profiles - 2019 - PepsiCo, Inc.
Milling & Baking News Corporate Profiles - 2019 - 105
Milling & Baking News Corporate Profiles - 2019 - Post Holdings, Inc.
Milling & Baking News Corporate Profiles - 2019 - 107
Milling & Baking News Corporate Profiles - 2019 - TreeHouse Foods, Inc.
Milling & Baking News Corporate Profiles - 2019 - 109
Milling & Baking News Corporate Profiles - 2019 - Tyson Foods, Inc.
Milling & Baking News Corporate Profiles - 2019 - 111
Milling & Baking News Corporate Profiles - 2019 - Walmart Inc.
Milling & Baking News Corporate Profiles - 2019 - 113
Milling & Baking News Corporate Profiles - 2019 - AD INDEX
Milling & Baking News Corporate Profiles - 2019 - 115
Milling & Baking News Corporate Profiles - 2019 - 116
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