Wednesday, February 10, 2021

Coca-Cola Q4 Profit Tops Estimates, Organic Revenue Down 3%; Reinstates Guidance

The Coca-Cola Company (KO) said its fourth-quarter comparable earnings per share grew 6% year-on-year on an organic revenue decline of 3%. The decrease in revenue was driven by a 3% decline in price/mix while concentrate sales were even. The Coca-Cola Company continued to see improvement in trends compared to prior quarters, and has issued its 2021 outlook.

from RTT - Earnings https://ift.tt/2Z4Uu4g
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