Bottled water company unveiled new integrated marketing campaign during quarter
July 25, 2019
Essentia, Bothell, Wash., ended the 2019 second quarter with $67 million sales, based on sales data from Information Resources Inc. (IRI) ending June 16. Finishing with $22 million above the second quarter of 2018, an increase of 47 percent, this represents the company’s most successful quarter, it adds.
Company highlights sparkling soft drinks performance, release of Coca-Cola Energy
July 23, 2019
The Coca-Cola Co., Atlanta, reported strong operating results in the second quarter of 2019, driven by consumer-centric innovation, solid core brand performance and improved execution in the marketplace, it says.
This was driven by a business model change in China to a royalty license which mitigates risk and reduces marketing investment, but correspondingly decreases revenue by $1.3 million, the company says.
“I am very pleased with our strong revenue growth and improved operating performance in the first quarter,” said Frank Harrison, chairman and chief executive officer of Coca-Cola Consolidated, in a statement.