Coca-Cola Earnings Review: Still Beverages Offset Decline In Sparkling, Restructuring Impacts Margins

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Coca-Cola Earnings Review: Still Beverages Offset Decline In Sparkling, Restructuring Impacts Margins

Coca-Cola Earnings Review: Still Beverages Offset Decline In Sparkling, Restructuring Impacts Margins
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Coca-Cola Earnings Review: Still Beverages Offset Decline In Sparkling, Restructuring Impacts Margins

by Wochit 0:47 mins

Coca-Cola Earnings Review: Still Beverages Offset Decline In Sparkling, Restructuring Impacts Margins

by Wochit 0:47 mins

The Coca-Cola Company announced its Q1 earnings on April 15 as still beverages and emerging economies performed well. Net revenues fell 4% year-over-year to $10.6 billion, marred by structural changes and unfavorable currency translations. Structural changes comprised deconsolidation of bottling operations in Brazil and the Philippines last year, contracting sales for Coca-Cola’s bottling investments this quarter. Excluding the impact of restructuring, sales through March grew 2% on a comparable currency neutral basis. Operating income also declined 1% for the three months

Wochit

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