In today’s briefing:
- The Coca-Cola Co: The Jack & Coke Launch
- General Electric Company: New Product Lines
- Mondelez International Inc.: The Clif Bar Acquisition & Other Drivers
The Coca-Cola Co: The Jack & Coke Launch
- Coca-Cola has been implementing various growth initiatives off-late to continue expanding its top-line.
- The company had a good quarter and delivered an all-around beat and increased its volume and value share during the quarter.
- Coca-Cola continued its strong marketing efforts and launched end-to-end digital-first brand campaigns for smartwater and vitaminwater.
General Electric Company: New Product Lines
- General Electric has started seeing a solid recovery in its aerospeace business which has become an important growth driver for the company.
- Macro pressures and supply chain have affected the revenue adversely by approximately 5%.
- The company has recently unveiled the innovative branding of its new companies, GE Vernova, GE Healthcare, and GE Aerospace.
Mondelez International Inc.: The Clif Bar Acquisition & Other Drivers
- Mondelez International has been looking to strengthen its position in the snacking category and the recent $2.9 billion acquisition of Clif Bar is a key step in the process.
- The company managed to deliver a strong result and an all-around beat with strong bottom and top-line performance growth in overall categories and regions.
- These results, along with ongoing revenue growth management, simplification, and cost discipline, are delivering strong cash flow and robust profit dollar growth.
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