Coca-Cola says demand in April has been weakened by coronavirus pandemic, volume off 25% so far this month – CNBC

1200px-Coca-Cola_logo.svg Coca-Cola says demand in April has been weakened by coronavirus pandemic, volume off 25% so far this month - CNBC

Coca-Cola on Tuesday reported that the company’s global volumes have plunged 25% since the start of April.

Shares of the company rose less than 1% in premarket trading.

Here’s what the company reported:

Excluding items, Coke earned 51 cents per share.

Net sales dropped 1% to $8.60 billion.

Read More »

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.