Form 8-K · Current Report · Filed 2025-06-26
Coca-Cola Company Announces Sunset of Global Ventures Operating Segment
The Coca-Cola Company has sunset its Global Ventures operating segment, effective January 1, 2025, to streamline its operating structure.
- Filer
- The Coca-Cola Company KO · NYSE
- Filed
- Accession
- 0000021344-25-000047
- CIK
- 0000021344
- Signal
- Low impactConsumer Defensive
- Source
- Official filing on sec.gov ↗
Details
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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Market reaction
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$69.63
Next session
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Since filing
+25.8%
Latest close
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Precedent
Previous filings from KO reporting the same item, with the next session's move:
Exhibits (2)
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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