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.
Due to the ongoing coronavirus pandemic, the company's full year financial and operating results cannot be reasonably estimated at this time.
Visualization of income flow from segment revenue to net income