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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.

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