COSTA

Coca-Cola Reports First Quarter 2024 Results and Provides Updated Guidance

Retrieved on: 
Tuesday, April 30, 2024
Packaging, Retail, Restaurant, Bar, Other Retail, Manufacturing, Other Manufacturing, Food, Beverage, Coffee, Coca-Cola Zero Sugar, Sport, IRS, Growth, Water, Fairlife, Public expenditure, Comparable, Tea, Acquisition, EPS, Coca-Cola, Marketing, Juice, Drink, GAAP, Soft drink

In addition to the data in the preceding tables, operating results included the following:

Key Points: 
  • In addition to the data in the preceding tables, operating results included the following:
    Unit case volume grew 1%.
  • The unavailable information could have a significant impact on the company’s full-year 2024 reported financial results.
  • First quarter 2024 financial results were impacted by one less day as compared to first quarter 2023, and fourth quarter 2024 financial results will be impacted by two additional days as compared to fourth quarter 2023.
  • The company is hosting a conference call with investors and analysts to discuss first quarter operating results today, April 30, 2024, at 8:30 a.m.

Eastman Announces First-Quarter 2024 Financial Results

Retrieved on: 
Thursday, April 25, 2024
Manufacturing, Other Manufacturing, Textiles, Packaging, Chemicals, Plastics, Textile, Agriculture, Chairperson, Interest, Table, Tax, EPS, Plastic, Plasticizer, GAAP, Growth, Advanced Materials, Gasoline

Achieving this milestone is a direct result of years of commitment and dedication from hundreds of Eastman employees and the support of their families.

Key Points: 
  • Achieving this milestone is a direct result of years of commitment and dedication from hundreds of Eastman employees and the support of their families.
  • Priorities for uses of available cash for 2024 include organic growth investments, payment of the quarterly dividend, bolt-on acquisitions, and share repurchases.
  • Commenting on the outlook for full-year 2024, Costa said: “We delivered strong first-quarter results that were above our expectations, reflecting both better than expected sales volume/mix and continued pricing discipline.
  • Our financial results forecasts do not include non-core items (such as mark-to-market pension and other postretirement benefit gain or loss, and asset impairments and restructuring charges) or any unusual or non-recurring items because we are unable to predict with reasonable certainty the financial impact of such items.

Palm Tree Names Michael Schall as a Strategic Industry Advisor for Investment Banking Operations

Retrieved on: 
Tuesday, March 12, 2024
Finance, Consulting, Banking, Accounting, Professional Services, F&B, Food technology, Growth, California State University, Business, Conscious business, Business development, Arecaceae, Marshall School, CPG, Senior, MBA, University, Senior advisor, Investment, Tree, Sugarman, Whole Foods Market, Foodservice, Fast-moving consumer goods, Food

Palm Tree LLC (“Palm Tree”), the modern M&A advisor providing integrated investment banking and financial consulting services to middle market businesses, today announced Michael Schall as a strategic industry advisor on the Consumer Packaged Goods (CPG) and Food & Beverage (F&B) industries for its investment banking operations.

Key Points: 
  • Palm Tree LLC (“Palm Tree”), the modern M&A advisor providing integrated investment banking and financial consulting services to middle market businesses, today announced Michael Schall as a strategic industry advisor on the Consumer Packaged Goods (CPG) and Food & Beverage (F&B) industries for its investment banking operations.
  • “Michael is uniquely qualified to advise on growth efforts within this comprehensive industry, given his extensive experience within CPG and F&B-focused operations spanning over 40 years.
  • “I am honored by the opportunity to advise Palm Tree on driving growth and maintaining forward momentum for its CPG and F&B investment banking practice,” said Mr. Schall.
  • He is also a partner at Meaningful Partners , a Senior Advisor to Conscious Capitalism , and an operating adviser for Graham Partners .

Driscoll’s Takes Significant Stake in Costa Group

Retrieved on: 
Monday, February 26, 2024
Organic Food, Retail, Supermarket, Agriculture, Natural Resources, Food, Beverage, Investment, Marketing, Citrus, Growth, Crown corporations of Canada, Vegetable, Genetics, Costa Group, Partnership, Coffee

Costa was started in the late 1800s by the Costa family in Geelong Victoria, Australia.

Key Points: 
  • Costa was started in the late 1800s by the Costa family in Geelong Victoria, Australia.
  • Costa products are sold into numerous countries around the world, including throughout Europe, UK, Asia, and North America.
  • Over the past few decades, Paine Schwartz Partners has invested $5.7 billion in agriculture and the food supply chain, which includes a prior equity stake in Costa.
  • Its investment in agricultural assets includes an ownership stake in Viterra and mushroom and citrus businesses.

Coca-Cola Reports Fourth Quarter and Full-Year 2023 Results

Retrieved on: 
Tuesday, February 13, 2024
Packaging, Retail, Convenience Store, Manufacturing, Supermarket, Food, Beverage, Share repurchase, Marketing, Water, Growth, Tea, Exercise, Coca-Cola Zero Sugar, Sport, Coffee, GAAP, Comparable, IRS, Drink, Public expenditure, EPS, Juice, Video game

In addition to the data in the preceding tables, operating results included the following:

Key Points: 
  • In addition to the data in the preceding tables, operating results included the following:
    Unit case volume grew 2% for the quarter.
  • The first quarter has one less day compared to the first quarter of 2023.
  • First quarter 2023 financial results were impacted by one less day as compared to first quarter 2022, and fourth quarter 2023 financial results were impacted by one additional day as compared to fourth quarter 2022.
  • The company is hosting a conference call with investors and analysts to discuss fourth quarter and full-year 2023 operating results today, Feb. 13, 2024, at 8:30 a.m.

Eastman Announces Fourth-Quarter and Full-Year 2023 Financial Results

Retrieved on: 
Thursday, February 1, 2024
Manufacturing, Other Manufacturing, Textiles, Packaging, Chemicals, Plastics, EPS, Table, Growth, GAAP, Agriculture, Transport, Sale, Advanced Materials, Chairperson

In addition to our strong cash flow, we reduced costs by approximately $200 million in 2023, demonstrating our continued discipline.

Key Points: 
  • In addition to our strong cash flow, we reduced costs by approximately $200 million in 2023, demonstrating our continued discipline.
  • Price-cost increased due to the continued flow through of lower variable costs more than offsetting lower selling prices.
  • Additives & Functional Products – Sales revenue decreased 15 percent due to 10 percent lower selling prices and 6 percent lower sales volume/mix.
  • Third, we also expect improved asset utilization to be a benefit after aggressively managing inventory across the company in 2023.

Global Real Estate Brokerage The Agency Launches Office in Marbella, Spain

Retrieved on: 
Wednesday, November 29, 2023
School, Financial Times, University, Partner (business rank), Organization, University of St. Gallen, Real estate, Culture, Marketing, Partner, Business administration, Local, Partnership, Water, Education, Parent, Empathy, Master, Drug, Financial services, Tourism, Agency, Economics, Netflix

LOS ANGELES, Nov. 29, 2023 /PRNewswire-PRWeb/ -- Global real estate brokerage The Agency proudly announces the launch of its first office in Marbella, Spain. The new locale, which will be known as The Agency Marbella, is the firm's second office in Spain following The Agency Mallorca, which opened in February 2023. The Marbella office joins the brokerage's growing network of offices in the U.S., Canada, Mexico, Central America, the Caribbean, and Europe. The office will be led by Kristoffer "Kris" Enger and Leif Orthmann, who will serve as Managing Partners, as well as Benjamin Beza, who will serve as Sales Director.

Key Points: 
  • LOS ANGELES, Nov. 29, 2023 /PRNewswire-PRWeb/ -- Global real estate brokerage The Agency proudly announces the launch of its first office in Marbella, Spain.
  • "The Agency is more than just a residential real estate brokerage - it's a lifestyle brand and that is what drew us to this partnership," said Leif Orthmann.
  • The Agency is an agent-first, tech-driven boutique luxury global brokerage representing clients worldwide in a broad spectrum of classes, including residential, new development, resort real estate, luxury leasing and vacation rentals.
  • Watch The Agency on Buying Beverly Hills, a new real estate occu-soap highlighting the high-stakes world of luxury real estate in Los Angeles, currently streaming on Netflix.

Vanguard Renewables Announces Massachusetts-based Costa Fruit & Produce Joins the Farm Powered Strategic Alliance’s Northeast Regional Chapter

Retrieved on: 
Tuesday, October 31, 2023
Alternative Energy, Energy, Agriculture, Natural Resources, Sustainable Business Network, Food, Digestion, Face, SBN, Business Leaders for Michigan, Environment, Farmer, Skee-Lo, Climate change, Tourism

Vanguard Renewables®, a leading U.S.-based renewable energy company, is pleased to announce that Costa Fruit & Produce, a purveyor of produce and specialty foods based in Massachusetts, has joined the Northeast Regional Chapter of the Farm Powered Strategic Alliance.

Key Points: 
  • Vanguard Renewables®, a leading U.S.-based renewable energy company, is pleased to announce that Costa Fruit & Produce, a purveyor of produce and specialty foods based in Massachusetts, has joined the Northeast Regional Chapter of the Farm Powered Strategic Alliance.
  • Member companies commit to sending their unsalable food waste to be recycled into renewable energy via Farm Powered® anaerobic digestion on regional dairy farms.
  • "We are thrilled to welcome Costa to the Northeast Regional Chapter of the Farm Powered Strategic Alliance," said Neil H. Smith, CEO of Vanguard Renewables.
  • "We are proud to be part of the Farm Powered Strategic Alliance’s Northeast Regional Chapter," said Dean Hopkins, Vice President of Fresh Ideas, Costa Fruit & Produce.

Coca-Cola Reports Third Quarter 2023 Results and Raises Full-Year Guidance

Retrieved on: 
Tuesday, October 24, 2023
Packaging, Retail, Manufacturing, Food, Beverage, Public expenditure, Comparable, Drink, Growth, EPS, GAAP, IRS, Bottled water, Bank, Video game, Financial services, Cryptocurrency, Investment

The 2023 and 2024 outlook information provided below includes forward-looking non-GAAP financial measures, which management uses in measuring performance.

Key Points: 
  • The 2023 and 2024 outlook information provided below includes forward-looking non-GAAP financial measures, which management uses in measuring performance.
  • The unavailable information could have a significant impact on the company’s full-year 2023 and full-year 2024 reported financial results.
  • First quarter 2023 financial results were impacted by one less day as compared to first quarter 2022, and fourth quarter 2023 financial results will be impacted by one additional day as compared to fourth quarter 2022.
  • The company is hosting a conference call with investors and analysts to discuss third quarter 2023 operating results today, Oct. 24, 2023, at 8:30 a.m.

4-Time NBA Champion John Salley Presents Sandro Costa of Allure Global with The Sleeping Beauty Award At The Daytime Beauty Awards

Retrieved on: 
Wednesday, October 4, 2023
DBA, Anxiety, Medicine, Research, Helen Woodward Animal Center, Beauty, Animal, NBA, Motivation, LOS, Health, Film industry, CBD

LOS ANGELES, Oct. 4, 2023 /PRNewswire-PRWeb/ -- On Sunday, October 1st, in Hollywood, the 5th annual Daytime Beauty Awards took place. During the event, NBA Champion John Salley presented the Sleeping Beauty Award to Sandro Costa, CEO and Founder of Allure Global, for their Allure Tranquility Sleep CBD Gummies product. Allure Global uses medical-grade CBD isolates to provide a range of CBD wellness and health products that cater to different day-to-day health concerns, such as skincare, oil tinctures, and intimacy lubricant.

Key Points: 
  • During the event, NBA Champion John Salley presented the Sleeping Beauty Award to Sandro Costa, CEO and Founder of Allure Global, for their Allure Tranquility Sleep CBD Gummies product.
  • LOS ANGELES, Oct. 4, 2023 /PRNewswire-PRWeb/ -- On Sunday, October 1st, in Hollywood, the 5th annual Daytime Beauty Awards took place.
  • During the event, NBA Champion John Salley presented the Sleeping Beauty Award to Sandro Costa, CEO and Founder of Allure Global, for their Allure Tranquility Sleep CBD Gummies product.
  • In the past, The Daytime Beauty Awards have honored stars such as Cindy Crawford, Gabrielle Union, Tommy Chong, and more for their contributions to beauty.