Coca Cola (KO) Tops Q1 EPS by 7c, Revenues Beat; Since Start of April Seeing Volume Decline Globally of ~25%

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Go back to Coca Cola (KO) Tops Q1 EPS by 7c, Revenues Beat; Since Start of April Seeing Volume Decline Globally of ~25%

Coca-Cola Reports First Quarter 2020 Results; Provides Update on Business Environment Amid Coronavirus Pandemic

April 21, 2020 5:55 AM EDT

Net Revenues Declined 1%; Organic Revenues (Non-GAAP) Were Even

Operating Income Declined 2%; Comparable Currency Neutral Operating Income (Non-GAAP) Grew 11%

Operating Margin Was 27.7% Versus 28.0% in the Prior Year; Comparable Operating Margin (Non-GAAP) Was 30.7% Versus 28.2% in the Prior Year

EPS Grew 65% to $0.64; Comparable EPS (Non-GAAP) Grew 8% to $0.51

ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported first quarter 2020 results and provided insight into how the company is navigating through the ongoing coronavirus pandemic. The Coca-Cola system continues to work to ensure the safety and support of its employees, consumers,... More