Coca-Cola Q2 2020 Earnings Report
Key Takeaways
Coca-Cola reported a decline in net revenues by 28% to $7.2 billion and a decrease in organic revenues by 26%. EPS decreased by 32% to $0.41, and comparable EPS declined by 33% to $0.42. The company experienced pressure in away-from-home channels, which represent approximately half of its revenues.
Net revenues declined by 28%, with organic revenues down by 26%.
EPS decreased by 32% to $0.41, while comparable EPS declined by 33% to $0.42.
Operating margin was 27.7%, and comparable operating margin was 30.0%.
Global unit case volume declined by 16% due to the coronavirus pandemic.
Coca-Cola
Coca-Cola
Coca-Cola Revenue by Segment
Coca-Cola Revenue by Geographic Location
Forward Guidance
Due to the ongoing coronavirus pandemic, the company's full year financial and operating results cannot be reasonably estimated at this time.
Revenue & Expenses
Visualization of income flow from segment revenue to net income