Coronavirus lockdowns to hurt Coca-Cola's second quarter sales [Reuters]
Coca-Cola Company (The) (KO)
Last coca-cola company (the) earnings: 4/21 05:55 am
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Source: Reuters
Coronavirus lockdowns to hurt Coca-Cola's second quarter sales (Reuters) - Coca-Cola Co ( KO.N ) said on Tuesday its expected current-quarter results to take a hit as restaurants, theaters and other venues that represent about half of the company’s revenue remain closed because of the coronavirus pandemic. The soda maker's shares, a Dow 30 component .DJI , were down about 4%. They have lost about 16% so far this year. Coca-Cola makes syrups and concentrates and through its bottlers distributes them to fast-food chains, theaters, amusement parks and other venues, most of which have either closed all operations or limited their businesses. Several concerts and sporting events, including the company-sponsored Tokyo 2020 Olympics, have been postponed or canceled. As a result, volumes fell about 25% globally since the beginning of April, largely stemming from the loss of sales other than at retail stores, the company said. The hit to second-quarter results will be material, it said, thou
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KO
News
- CocaCola (NYSE:KO) had its "buy" rating reaffirmed by analysts at UBS Group AG.MarketBeat
- Coca-Cola: The Market Is Overlooking KO's Cash Recovery And Dividend Power [Seeking Alpha]Seeking Alpha
- San Francisco is taking on ultraprocessed food in a new lawsuit [Business Insider]Business Insider
- San Francisco sues Coca-Cola, Kellogg over ultra-processed foods. What that means [Los Angeles Times (CA)]Los Angeles Times
- San Francisco to sue makers of ultra-processed foods over health impacts [CBS News]CBS News
KO
Earnings
- 10/21/25 - Beat
KO
Sec Filings
- 11/19/25 - Form 4
- 11/17/25 - Form 144
- 11/17/25 - Form 4
- KO's page on the SEC website