The Coca-Cola Company
Coca-Cola Reclassifies Operating Segments
Summary
The Coca-Cola Company reclassified its operating segments effective January 1, 2025, with the Global Ventures segment being sunset. The results of this segment are now reported within the Europe, Middle East, and Africa segment, excluding Costa's ready-to-drink business and fees related to Monster Beverage Corporation, which are reported within applicable geographic segments. The reclassification does not affect previously reported consolidated financial results. An exhibit provides a detailed schedule of the reclassified operating segment and corporate data.
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About The Coca-Cola Company
The Coca-Cola Company is a leading multinational beverage corporation, renowned for its signature product, Coca-Cola, a carbonated soft drink that ranks among the most recognized brands globally. Founded in 1892, Coca-Cola has grown to produce a diverse portfolio of beverages encompassing various segments such as sparkling soft drinks, juice and juice drinks, water and enhanced waters, ready-to-drink coffees and teas, and sports and energy drinks. The company operates through a network of bottling partners and retailers in more than 200 countries, making it a formidable presence in the consumer goods sector. Known for its marketing prowess and iconic advertisements, Coca-Cola’s influence extends beyond its products, significantly impacting advertising, media industries, and cultural landscapes worldwide. With its headquarters in Atlanta, Georgia, Coca-Cola leverages strategic acquisitions and partnerships to expand its product offerings and market reach continually, making it a vital player in the global non-alcoholic beverage market.
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