other
confidence high
sentiment neutral
materiality 0.30
Coca-Cola reclassifies segment data after sunsetting Global Ventures unit
COCA COLA CO
- Global Ventures segment dissolved Jan 1, 2025; Costa, innocent, doğadan moved to EMEA.
- Costa ready-to-drink and Monster fees now reported within applicable geographic segments.
- Exhibit 99.1 provides unaudited reclassified segment revenues and operating income for 2023-2024.
- Reclassification does not alter previously reported consolidated financial results.
- EMEA FY24 operating income $4,255M vs $4,323M in FY23 under new segment structure.