The Coca-Cola Company
Coca-Cola Company Announces Sunset of Global Ventures Operating Segment
Summary
The Coca-Cola Company has sunset its Global Ventures operating segment, effective January 1, 2025, to streamline its operating structure. This change updates historical operating segment financial information in its Annual Report on Form 10-K for the year ended December 31, 2024. The Costa, innocent, and doğadan businesses are now reported within the Europe, Middle East, and Africa operating segment, while Costa’s ready-to-drink business and Monster-related fees are reported within applicable geographic operating segments. This Current Report on Form 8-K includes revised financial statements and disclosures as per Exhibit 99.1. No changes are made to other information in the 2024 Form 10-K, and the filing is not an update to subsequent events since the original 10-K filing.
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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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