The Coca-Cola Firm (NYSE:KO) This fall 2024 Earnings Convention Name February 11, 2025 8:30 PM ET
Firm Contributors
Robin Halpern – VP, Head of IR James Quincey – Chairman and CEO John Murphy – President and CFO
Convention Name Contributors
Lauren Lieberman – Barclays Dara Mohsenian – Morgan Stanley Bryan Spillane – Financial institution of America Steve Powers – Deutsche Financial institution Filippo Falorni – Citi Bonnie Herzog – Goldman Sachs Kaumil Gajrawala – Jefferies Robert Ottenstein – Evercore Chris Carey – Wells Fargo Andrea Teixeira – JPMorgan Peter Grom – UBS Charlie Higgs – Redburn Atlantic Invoice Chappell – Truist Securities Robert Moskow – TD Cowen Michael Lavery – Piper Sandler
Operator
Presently, I wish to welcome everybody to the Coca-Cola Firm’s Fourth Quarter and Full Yr 2024 Earnings Outcomes Convention Name. In the present day’s name is being recorded. If in case you have any objections, please disconnect presently. All individuals will probably be on listen-only mode till the formal question-and-answer portion of the decision.
I wish to remind everybody that the aim of this convention is to speak with buyers and subsequently questions from the media won’t be addressed. Media individuals ought to contact Coca-Cola’s Media Relations Division if they’ve any questions.
I might now prefer to introduce Ms. Robin Halpern, Vice President and Head of Investor Relations. Ms. Halpern, it’s possible you’ll now start.
Robin Halpern
Good morning and thanks for becoming a member of us. I am right here with James Quincey, our Chairman and Chief Government Officer; and John Murphy, our President and Chief Monetary Officer. We have posted schedules beneath monetary data within the Traders part of our firm web site. These reconcile sure non-GAAP monetary measures that could be referred to this morning to end result as reported beneath Usually Accepted Accounting Rules. You can even discover schedules in the identical part of our web site that present an evaluation
Trusted Editorial content material, reviewed by main business specialists and seasoned editors. Advert Disclosure
The crypto market just lately witnessed a historic second as Bitcoin, the most important digital asset, rallied exhausting to a...
FXIFY, the oldest broker-backed prop agency, is proud to have a good time its second anniversary, marking two years of industry-defining innovation, trader-first insurance policies, and fast world development.Since its inception, FXIFY has...
<div id="web page" x-data="sidebarAds(24percent7C&utm_source=Biggerpercent20Pockets&utm_term=Biggerpercent20Pockets","linkTitle":"Schedule a Name In the present day","id":"65d4be7b89ca4","impressionCount":"830151","dailyImpressionCount":"667","impressionLimit":"878328","dailyImpressionLimit":"2780","r720x90":"https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-X-BP-Weblog-Advert-720x90-1.png","r300x250":"https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-X-BP-Weblog-Advert-300x250-1.png","r300x600":"https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-X-BP-Weblog-Advert-300x600-1.png","r320x50":"https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-X-BP-Weblog-Advert-320x50-1.png","r720x90Alt":"","r300x250Alt":"","r300x600Alt":"","r320x50Alt":""},{"sponsor":"Middle Road Lending","description":"2","imageURL":null,"imageAlt":null,"title":"2","physique":"2","linkURL":"https://centerstreetlending.com/bp/","linkTitle":"","id":"664ce210d4154","impressionCount":"532694","dailyImpressionCount":"556","impressionLimit":"600000","dailyImpressionLimit":"2655","r720x90":"https://www.biggerpockets.com/weblog/wp-content/uploads/2024/05/CSL_Blog-Ad_720x90-1.png","r300x250":"https://www.biggerpockets.com/weblog/wp-content/uploads/2024/05/CSL_Blog-Ad_300x250-2.png","r300x600":"https://www.biggerpockets.com/weblog/wp-content/uploads/2024/05/CSL_Blog-Ad_300x600-2.png","r320x50":"https://www.biggerpockets.com/weblog/wp-content/uploads/2024/05/CSL_Blog-Ad_320x50.png","r720x90Alt":"","r300x250Alt":"","r300x600Alt":"","r320x50Alt":""},{"sponsor":"CV3 Monetary","description":"2","imageURL":"https://www.biggerpockets.com/weblog/wp-content/uploads/2024/07/Brand-512x512-1.png","imageAlt":"","title":"2","physique":"2","linkURL":"https://cv3financial.com/financing-biggerpockets/?utm_source=biggerpockets&utm_medium=web site&utm_campaign=august&utm_term=bridge&utm_content=banner","linkTitle":"","id":"66a7f395244ed","impressionCount":"336300","dailyImpressionCount":"506","impressionLimit":"636364","dailyImpressionLimit":"4187","r720x90":"https://www.biggerpockets.com/weblog/wp-content/uploads/2024/07/CV3-720x90-1.png","r300x250":"https://www.biggerpockets.com/weblog/wp-content/uploads/2024/07/CV3-300x250-1.png","r300x600":"https://www.biggerpockets.com/weblog/wp-content/uploads/2024/07/CV3-300x600-1.png","r320x50":"https://www.biggerpockets.com/weblog/wp-content/uploads/2024/07/CV3-320x50-1.png","r720x90Alt":"","r300x250Alt":"","r300x600Alt":"","r320x50Alt":""},{"sponsor":"2","description":"2","imageURL":"https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-Brand.png","imageAlt":"","title":"2","physique":"2","linkURL":"https://hubs.ly/Q02LzKH60","linkTitle":"","id":"66c3686d52445","impressionCount":"338920","dailyImpressionCount":"373","impressionLimit":"500000","dailyImpressionLimit":"6173","r720x90":"https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-X-BP-Weblog-Advert-720x90-1.png","r300x250":"https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-X-BP-Weblog-Advert-300x250-1.png","r300x600":"https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-X-BP-Weblog-Advert-300x600-1.png","r320x50":"https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-X-BP-Weblog-Advert-320x50-1.png","r720x90Alt":"","r300x250Alt":"","r300x600Alt":"","r320x50Alt":""},{"sponsor":"Fairness Belief","description":"2","imageURL":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/1631355119223.jpeg","imageAlt":"","title":"2","physique":"2","linkURL":"https://www.trustetc.com/lp/bigger-pockets/?utm_source=bigger_pockets&utm_medium=weblog&utm_term=banner_ad","linkTitle":"","id":"678fe1309ec14","impressionCount":"81665","dailyImpressionCount":"387","impressionLimit":"244525","dailyImpressionLimit":"758","r720x90":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/Maximize_RE_Investing_Ad_720x90.png","r300x250":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/Maximize_RE_Investing_Ad_300x250.png","r300x600":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/Maximize_RE_Investing_Ad_300x600.png","r320x50":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/Maximize_RE_Investing_Ad_320x50.png","r720x90Alt":"","r300x250Alt":"","r300x600Alt":"","r320x50Alt":""},{"sponsor":"Fairness Belief","description":"2","imageURL":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/1631355119223.jpeg","imageAlt":"","title":"2","physique":"2","linkURL":"https://strive.trustetc.com/bigger-pockets/?utm_source=bigger_pockets&utm_medium=weblog&utm_campaign=awareness_education&utm_term=advert","linkTitle":"","id":"67acbacfbcbc8","impressionCount":"71669","dailyImpressionCount":"376","impressionLimit":"244525","dailyImpressionLimit":"758","r720x90":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/ET_15-Min_RE_Guide_720x90.png","r300x250":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/ET_15-Min_RE_Guide_300x250-1.png","r300x600":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/ET_15-Min_RE_Guide_300x600-1.png","r320x50":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/ET_15-Min_RE_Guide_320x50-1.png","r720x90Alt":"","r300x250Alt":"","r300x600Alt":"","r320x50Alt":""},{"sponsor":"Fairness 1031 Alternate","description":"2","imageURL":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/1631355119223.jpeg","imageAlt":"","title":"2","physique":"2","linkURL":"https://getequity1031.com/biggerpockets?utm_source=bigger_pockets&utm_medium=weblog&utm_term=banner_ad","linkTitle":"","id":"678fe130b4cbb","impressionCount":"111941","dailyImpressionCount":"401","impressionLimit":"500000","dailyImpressionLimit":"1446","r720x90":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/E1031_Avoid_Taxes_Ad_720x90.png","r300x250":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/E1031_Avoid_Taxes_Ad_300x250.png","r300x600":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/E1031_Avoid_Taxes_Ad_300x600.png","r320x50":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/E1031_Avoid_Taxes_Ad_320x50.png","r720x90Alt":"","r300x250Alt":"","r300x600Alt":"","r320x50Alt":""},{"sponsor":"RESimpli","description":"2","imageURL":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/Coloration-Icon-512x512-01.png","imageAlt":"","title":"2","physique":"2","linkURL":"https://resimpli.com/biggerpockets?utm_source=bigger_pockets&utm_medium=blog_banner_ad&utm_campaign=biggerpockets_blog","linkTitle":"","id":"679d0047690e1","impressionCount":"133487","dailyImpressionCount":"405","impressionLimit":"600000","dailyImpressionLimit":"3315","r720x90":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/720x90-2.png","r300x250":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/300x250-2.png","r300x600":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/300x600-2.png","r320x50":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/320x50-2.png","r720x90Alt":"","r300x250Alt":"","r300x600Alt":"","r320x50Alt":""},{"sponsor":"Hire to Retirement","description":"2","imageURL":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/Logo_whtborder_SMALL-2.png","imageAlt":"","title":"2","physique":"2","linkURL":"https://touchdown.renttoretirement.com/og-turnkey-rental?hsCtaTracking=f847ff5e-b836-4174-9e8c-7a6847f5a3e6percent7C64f0df50-1672-4036-be7b-340131b43ea4","linkTitle":"","id":"67a136fe75208","impressionCount":"145208","dailyImpressionCount":"353","impressionLimit":"3000000","dailyImpressionLimit":"9010","r720x90":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/720x90.jpg","r300x250":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/300x250.jpg","r300x600":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/300x600.jpg","r320x50":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/320x50.jpg","r720x90Alt":"","r300x250Alt":"","r300x600Alt":"","r320x50Alt":""},{"sponsor":"Fundrise","description":"2","imageURL":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/512x512.png","imageAlt":"","title":"2","physique":"2","linkURL":"https://fundrise.com/campaigns/fund/flagship?utm_medium=podcast&utm_source=biggerpockets&utm_campaign=podcast-biggerpockets-2024&utm_content=REbanners","linkTitle":"","id":"67a66e2135a2d","impressionCount":"121919","dailyImpressionCount":"332","impressionLimit":"1000000","dailyImpressionLimit":"3049","r720x90":null,"r300x250":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/Fundrise-300x250-1.png","r300x600":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/Fundrise-300x600-1.png","r320x50":null,"r720x90Alt":null,"r300x250Alt":"","r300x600Alt":"","r320x50Alt":null},{"sponsor":"Kiavi","description":"2","imageURL":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/Kiavi-Brand-Sq..png","imageAlt":"","title":"2","physique":"2","linkURL":"https://app.kiavi.com/m/getRate/index?utm_source=Biggerpockets&utm_medium=Contentpercent20Partner&utm_campaign=Biggerpockets_CP_blog-forum-display-ads_Direct_Lead&utm_content=202502_PR_Display-Ad_Mix_mflow&m_mdm=Contentpercent20Partner&m_src=Biggerpockets&m_cpn=Biggerpockets_CP_blog-forum-display-ads_Direct_Lead&m_prd=Direct&m_ct=html&m_t=Show-Advert&m_cta=see-rate","linkTitle":"","id":"67aa5b42a27c3","impressionCount":"86134","dailyImpressionCount":"335","impressionLimit":"250000","dailyImpressionLimit":"770","r720x90":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/05/ARV-Device-Advert-Resizing-v2_720x90.jpg","r300x250":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/05/ARV-Device-Banner-Advert-Resizing-v2_300x250.jpg","r300x600":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/05/ARV-ToolAd-Resizing-v2_300x600.jpg","r320x50":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/05/On the spot-Phrases-Banner-Advert-Resizing-v2_320x50.jpg","r720x90Alt":"","r300x250Alt":"","r300x600Alt":"","r320x50Alt":""},{"sponsor":"Fairness Belief","description":"2","imageURL":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/1631355119223.jpeg","imageAlt":"","title":"2","physique":"2","linkURL":null,"linkTitle":null,"id":"67acbad06898b","impressionCount":"2","dailyImpressionCount":0,"impressionLimit":"2","dailyImpressionLimit":"2","r720x90":null,"r300x250":null,"r300x600":null,"r320x50":null,"r720x90Alt":null,"r300x250Alt":null,"r300x600Alt":null,"r320x50Alt":null},{"sponsor":"Realbricks","description":"2","imageURL":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/03/ga8i9pqnzwmwkjxsmpiu.webp","imageAlt":"","title":"2","physique":"2","linkURL":" https://realbricks.com?utm_campaign=9029706-BiggerPockets&utm_source=weblog&utm_medium=banner_ad","linkTitle":"","id":"67c5c41926c9f","impressionCount":"127615","dailyImpressionCount":"346","impressionLimit":"500000","dailyImpressionLimit":"5556","r720x90":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/03/Weblog-Banner-720x90-2.png","r300x250":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/03/Weblog-Banner-300x250-1.png","r300x600":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/03/Weblog-Banner-300x600-1.png","r320x50":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/03/Weblog-Banner-320x50-1.png","r720x90Alt":"","r300x250Alt":"","r300x600Alt":"","r320x50Alt":""},{"sponsor":"Baselane","description":"2","imageURL":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/04/Baselane-logo.png","imageAlt":"","title":"2","physique":"2","linkURL":"https://www.baselane.com/lp/bigger-pockets/?utm_source=bigger_pockets&utm_campaign=bigger_pockets&utm_medium=displayads","linkTitle":"","id":"67f6a44c0ca45","impressionCount":"32673","dailyImpressionCount":"347","impressionLimit":"200000","dailyImpressionLimit":"598","r720x90":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/04/720x90.png","r300x250":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/04/300x250-2.png","r300x600":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/04/300x600-2.png","r320x50":"https://www.biggerpockets.com/weblog/wp-content/uploads/2025/04/320x50-1.png","r720x90Alt":"","r300x250Alt":"","r300x600Alt":"","r320x50Alt":""}])">
...