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CLAIM #35593 · The Coca-Cola Company (KO) · 2024Q3 earnings call · Oct 23, 2024 · due Dec 31, 2024

Certainly, when one looks at what's in the media so far in terms of the states that have been affected, I would say, at this stage, it's not going to be a large, significant impact the business.

James Quincey · CEO

PENDING
graded after results covering Dec 31, 2024 are reported

In context

comes from Kaumil Gajrawala from Jefferies. Please go ahead. Your line is open. Kaumil Gajrawala: I'm going to go for the award for the shortest question. Since the news is so new with McDonald's and potential food contamination. I think they're your largest customer. Is there anything we should know about how it would impact your business? James Quincey: Kaumil, yes, I think you've got a pretty short question there. Look, I think obviously, hearts go out to the people who have been affected by the contamination. Certainly, we're a big partner of McDonald's, they're a big partner of ours. We'll be helping them in any way we can as they work through whatever is happening here. Clearly, the information is very thin on the ground as it relates to those of us further away from the situation. Certainly, when one looks at what's in the media so far in terms of the states that have been affected, I would say, at this stage, it's not going to be a large, significant impact the business. Operator: Our next question comes from Robert Ottenstein from Evercore. Please go ahead. Your line is open. Rob Ottenstein: Great. Thank you very much. Your CSD business in the U.S. is performing quite a bit better than it has than a number of years ago. And I'd like to kind of get your sense of the drivers on that? Is it Zero Sugar products? Is it better engagement with younger drinkers? It market share gains? And then more specifically, this year, some of the data that that we're looking at seems to suggest CSDs are retaking market share from energy drinks. So lots of pieces there, but I'd love to get your assessment of what's going on. Thank you. James Quincey: Yes. Thanks Rob. Well, firstly, I'm tempted to go what's driving the growth of the soft drinks as all of the above, in terms o

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SEC filings for KO · Claim quote is verbatim from the 2024Q3 earnings call.