Coca Cola (KO) Tops Q2 EPS by 2c, Offers Outlook
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Coca-Cola Reports Second Quarter 2020 Results; Provides Update on Strategic Actions in Rapidly Evolving Business Climate
July 21, 2020 6:55 AM EDTGlobal Unit Case Volume Declined 16%
Net Revenues Declined 28%;
Organic Revenues (Non-GAAP) Declined 26%
Operating Income Declined 34%;
Comparable Currency Neutral Operating Income (Non-GAAP) Declined 25%
Operating Margin Was 27.7% Versus 29.9% in the Prior Year;
Comparable Operating Margin (Non-GAAP) Was 30.0% Versus 30.3% in the Prior Year
EPS Declined 32% to $0.41;
Comparable EPS (Non-GAAP) Declined 33% to $0.42
ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported second quarter 2020 results and provided an update on strategic actions that are positioning the system to emerge stronger from... More
