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In 2010, it was announced that Coca-Cola had become the first brand to top £1 billion in annual UK grocery sales. [41] In 2017, Coca-Cola sales were down 11% from the year before due to consumer tastes shifting away from sugary drinks.
Coca-Cola first entered the Chinese market in the 1920s with no localized representation of its name. [92] [93] While the company researched a satisfactory translation, local shopkeepers created their own. These produced the desired "ko-ka ko-la" sound, but with odd meanings such as "female horse fastened with wax" or "bite the wax tadpole".
In 1951, Coca-Cola stopped placing "five cents" on new advertising material, and Forbes magazine reported on the "groggy" price of Coca-Cola. After Coca-Cola president Robert Woodruff's plan to mint a 7.5 cent coin failed, Business Weekly reported Coke prices as high as 6, 7, and 10 cents, around the country. By 1959, the last of the nickel ...
Pharmacist John Pemberton sold the first ever bottle of Coca-Cola as a medicine back in 1886. Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date ...
Then in 2010, Diet Coke sales topped Pepsi’s sales for the first time, leading The Wall Street Journal to run the headline, “Diet Coke Wins Battle in Cola Wars.”
Coca-Cola has increased its dividend every single year for 62 years and counting. ... But, like most stocks (and sodas), Coca-Cola does go on sale on occasion, with multiple drawdowns of at least ...
Coca-Cola is raising its full-year sales guidance after a stronger-than-expected second quarter boosted by continued price increases. The Atlanta beverage giant said Tuesday it now expects organic sales to grow between 9% and 10% this year, up from 8% to 9% previously. One standout was Coca-Cola Zero Sugar, which saw a 20% jump in global volume ...
In the short run, the reintroduction of original Coca-Cola saved Coke's sales figures and brought it back in the good graces of many customers and bottlers. Phone calls and letters to the company were as joyful and thankful as they had been angry and depressed. "You would have thought we'd cured cancer," said one executive. [11]: 181