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Fourth Quarter and Full Year 2016 Results

Fourth Quarter and Full Year 2016 Results

Strong Price/Mix and Solid Performance in Developed Markets Flagship North America Market Continues to Outperform the Industry

Net Revenues Declined 6% for the Quarter and 5% for the Full Year, which Included a Combined Unfavorable Impact from Foreign Currency and Structural Changes of 12% and 9%, Respectively

Organic Revenues (Non-GAAP) Grew 6% for the Quarter and 3% for the Full Year

Price/Mix Grew 6% for the Quarter and 3% for the Full Year

Operating Margin Expanded More than 90 Basis Points for the Full Year and Comparable Currency Neutral Operating Margin (Non-GAAP) Expanded Nearly 140 Basis Points

Fourth Quarter EPS of $0.13 and Comparable EPS (Non-GAAP) of $0.37

Company Provides 2017 Financial Outlook

ATLANTA, Feb. 9, 2017 – The Coca-Cola Company today reported fourth quarter and full year 2016 operating results. Muhtar Kent, Chairman and Chief Executive Officer of The Coca-Cola Company, said, "We are pleased to report that we ended 2016 with fourth quarter top- and bottom-line growth within our expectations. Strong price/mix stemming from our continued focus on driving revenue and solid performance in our developed markets helped offset persistent macroeconomic pressures in our emerging and developing markets. Our flagship market of North America grew net revenues 8% for the quarter and 4% for the year, outperforming total retail value growth for both the North America nonalcoholic ready-to-drink beverage industry and U.S. consumer packaged goods companies."
News Relate
  • Announces Senior Leadership Succession Plan

    Announces Senior Leadership Succession Plan

    March 13, 2017James Quincey to Succeed Muhtar Kent as Chief Executive Officer in May 2017 Kent to Continue as ChairmanATLANTA, Dec. 9, 2016 – The Coca-Cola Company today announced that its Board of Directors has a...view
  • Timing of Earnings Release and Investor Conference Calls

    Timing of Earnings Release and Investor Conference Calls

    March 13, 2017ATLANTA, Jan. 10, 2017 – The Coca-Cola Company will release fourth quarter and full-year 2016 financial results on Thursday, Feb. 9, 2017, before the New York Stock Exchange opens. The company will h...view
  • It's Beautiful

    It's Beautiful

    March 13, 2017The premise of ‘It’s Beautiful’ can be simply stated: America is beautiful and Coca-Cola is for everyone. It celebrates Coca-Cola moments among all Americans and features snapshots of American fami...view
  • Earnings Release and Investor Conference Calls

    Earnings Release and Investor Conference Calls

    March 13, 2017The Coca-Cola Company (NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands and more than 3,800 beverage choices. Led by Coca-Cola, one...view
  • Kent to Continue as Chairman

    Kent to Continue as Chairman

    March 13, 2017James Quincey to Succeed Muhtar Kent as Chief Executive Officer in May 2017 Kent to Continue as ChairmanATLANTA, Dec. 9, 2016 – The Coca-Cola Company today announced that its Board of Directors has a...view
  • New Holiday Campaign

    New Holiday Campaign

    March 13, 2017ATLANTA – November 21, 2016 – Since the 1930s, Coca-Cola has been synonymous with the holiday season. From heartwarming ads and special-edition packaging to the Coca-Cola Holiday Caravan stops that ...view
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