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(CNBC)   Coke burps up a good one   (cnbc.com) divider line
    More: Followup, Revenue, Coke shares, Unit case volume, Coke's net income, Coffee, Coca-Cola, Organic revenue, volume growth  
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528 clicks; posted to Business » on 27 Oct 2021 at 12:01 PM (6 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



6 Comments     (+0 »)
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2021-10-27 12:46:32 PM  
No coke, Pepsi
 
2021-10-27 2:08:14 PM  
The farking article's headline: Coca-Cola earnings top estimates as consumers drink more beverages away from home

See, my understanding was that Coke and Pepsi make almost nothing from selling boxes of syrup to restaurants; basically all their profit was (I thought) from selling bottled and canned product to consumers.  So it really shouldn't matter much how well they do in restaurants.

Is my understanding wrong?
 
2021-10-27 3:49:31 PM  

Geotpf: The farking article's headline: Coca-Cola earnings top estimates as consumers drink more beverages away from home

See, my understanding was that Coke and Pepsi make almost nothing from selling boxes of syrup to restaurants; basically all their profit was (I thought) from selling bottled and canned product to consumers.  So it really shouldn't matter much how well they do in restaurants.

Is my understanding wrong?


Can't away from home mean vending machines as well?
 
2021-10-27 3:51:19 PM  

Ketchuponsteak: Geotpf: The farking article's headline: Coca-Cola earnings top estimates as consumers drink more beverages away from home

See, my understanding was that Coke and Pepsi make almost nothing from selling boxes of syrup to restaurants; basically all their profit was (I thought) from selling bottled and canned product to consumers.  So it really shouldn't matter much how well they do in restaurants.

Is my understanding wrong?

Can't away from home mean vending machines as well?


I suppose, but the farking article seems to indicate no: It's seeing a recovery in its away-from-home channels, like restaurants and movie theaters, which had cratered this time last year.
 
2021-10-27 6:54:44 PM  

Geotpf: Ketchuponsteak: Geotpf: The farking article's headline: Coca-Cola earnings top estimates as consumers drink more beverages away from home

See, my understanding was that Coke and Pepsi make almost nothing from selling boxes of syrup to restaurants; basically all their profit was (I thought) from selling bottled and canned product to consumers.  So it really shouldn't matter much how well they do in restaurants.

Is my understanding wrong?

Can't away from home mean vending machines as well?

I suppose, but the farking article seems to indicate no: It's seeing a recovery in its away-from-home channels, like restaurants and movie theaters, which had cratered this time last year.


From reading on how Coca Cola works, the finished products they sell are to restaurants and theaters. They sell the machine, the syrup and perhaps also the cups and carbonation.

The bottlers are not owned by Coca Cola, they only purchase syrup from Coca Cola, and pay for the right to use the brand.

I assume they charge the same for the syrup, whether its a bottler, or a restaurant (otherwise I am sure bottlers would know where to get the cheap stuff), and a fixed price for the brand rights. That would make them earn more in restaurants, since they sell more than the syrup to them.
 
2021-10-27 10:37:33 PM  
I stopped drinking Coke a few weeks ago, that should make a pretty decent hit on their sales for the 4th quarter
 
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