Coca-Cola's $5 billion bet on Costa Coffee fails
KO Coca-Cola Co
$93.49 +0.07%
View chart & analysis → - 1Coca-Cola attempted to enter the coffee market by acquiring Costa Coffee for $5.1 billion in August 2018.
- 2Coca-Cola operates more than 2,700 Costa Coffee stores concentrated in the UK and Ireland.
- 3Costa Coffee recorded $1.29 billion in revenue and achieved an operating profit of $20.4 million in 2025.
So what's the key point?
Coca-Cola challenged the coffee business with a $5.1 billion investment. Revenue for 2025 is expected to reach $1.29 billion.
Source Bloomberg · View original ↗
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