Coke to Start Energy-Drink Sales in U.S.

Date : 10/01/2019 @ 8:48PM
Source : Dow Jones News
Stock : Coca Cola Company (KO)
Quote : 54.42  0.23 (0.42%) @ 11:34PM
After Hours
Last Trade
Last $ 54.32 ▼ -0.10 (-0.18%)

Coke to Start Energy-Drink Sales in U.S.

Coca Cola (NYSE:KO)
Historical Stock Chart

3 Months : From Sep 2019 to Dec 2019

Click Here for more Coca Cola Charts.
By Maria Armental 

Coca-Cola Co. plans to start selling its Coke-branded energy drinks in the U.S. in January after clearing a legal hurdle with Monster Beverage Corp. this summer.

Coca-Cola Energy is already available in 25 countries, including Japan and Australia.

Energy-drink maker Monster, which counts Coca-Cola as a distribution partner and a significant shareholder, had sought to block the sale of the energy drinks in the U.S. citing a noncompete agreement. In July Coca-Cola won an arbitration claim against Monster, clearing the way for the soda giant to sell the branded energy drink in the U.S.

Coca-Cola said Tuesday that its U.S. energy-drink offering would include cherry as an exclusive flavor. A zero-calorie version of both the regular and cherry flavors will also be available, company officials said, adding the zero-calorie options have been driving much of the recent growth.

The Atlanta-based company has been diversifying beyond its soda roots into water, coffee, juice and other drinks to revamp sales, which fell below $32 billion in 2018.

 

(END) Dow Jones Newswires

October 01, 2019 16:33 ET (20:33 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Latest KO Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.