Coca-Cola posted a 10 percent increase in fourth-quarter revenue to $9.5 billion, boosted by its $5.6 billion acquisition of sports performance and hydration drinks, BodyArmor.
The soda company’s hydration, sports, coffee, and tea segment grew 12 percent for the quarter, with sports drinks growing 18 percent.
According to Coke, BodyArmor was the No. 2 sports drink in the US in 2021 based on measured retail channels.
Coke acquired the remaining 85 percent shares of BodyArmor that it didn’t own in November.
BodyArmor will be managed as a separate business within Coca-Cola’s North America operating unit.
In 2021, Coke’s revenue soared 17 percent to $38.7 billion, with operating income dropping l 15 percent due to the “timing of concentrate shipments.”
Coca-Cola expects organic revenue growth of 7 to 8 percent in 2022 and commodity price inflation to be in the “mid-single-digit percentage.”
Meanwhile, Coca-Cola’s rival Pepsi recorded a fourth-quarter revenue of $25.25 billion, beating analysts’ estimates of $24.24 billion. It expects a 6 percent revenue growth in 2022.
Pepsi CEO Ramon Laguarta revealed that they expanded production capacity for its Gatorade sports drink, reportedly hit by supply chain issues related to bottle supply.
Both Coke and Pepsi attributed some of their revenue success to price hikes.


Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
Ford and Geely Explore Strategic Manufacturing Partnership in Europe
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 



