Coca Cola (KO) Tops Q2 EPS by 1c
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The Coca-Cola Company Reports Second Quarter 2017 Results
July 26, 2017 6:55 AM EDTTransformation Progress Continues Alongside Balanced Performance Across the Portfolio
Net Revenues Declined 16%, Impacted by Bottling Divestitures and Currency Exchange; Organic Revenues (Non-GAAP) Grew 3%, Driven by Price/Mix of 3%
Operating Margin Contracted Over 335 Basis Points; Comparable Operating Margin (Non-GAAP) Expanded Over 375 Basis Points
EPS of $0.32 and Comparable EPS (Non-GAAP) of $0.59
Company Accelerates the Global Expansion of Low- and No-Sugar Sparkling Soft Drinks
Full Year Underlying Performance Outlook Remains Unchanged; Full Year Comparable EPS (Non-GAAP) Target Raised on Diminished Currency Headwinds
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