The Coca-Cola Company is a global leader in the beverage industry, renowned for its portfolio of soft drinks, juices, teas, coffees, and water products. Headquartered in Atlanta, Georgia, the company focuses on manufacturing, marketing, and distributing non-alcoholic beverages, with its flagship product being the iconic Coca-Cola soft drink. With a commitment to sustainability and innovation, Coca-Cola continually expands its offerings to meet consumer preferences, emphasizing healthier options and environmentally friendly practices. The company operates in numerous markets worldwide, leveraging its extensive distribution network to ensure that its products are accessible to a diverse range of consumers.
“After the snowfall, polar bears quietly appear in a town, and a fleet of cherry-red Coca-Cola trucks, drives down a snowy road. A hand belonging to Santa Claus reached out with a bottle of Coke to offer a refreshing drink to the townspeople.”
The Coca-Cola Company today announced Henrique Braun has been named Executive Vice President and Chief Operating Officer, effective Jan. 1, 2025. In this expanded role, Braun will be responsible for all of the company’s operating units worldwide. He will report to Chairman and CEO James Quincey.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the beverages, alcohol, and tobacco industry, including MGP Ingredients (NASDAQ:MGPI) and its peers.