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Coca-Cola CEO has a stark message on the economy [Yahoo! Finance]

Coca-Cola Company (The) (KO)  More Company Research Source: Yahoo! Finance
Last coca-cola company (the) earnings: 4/21 05:55 am Check Earnings Report
US:NYSE Investor Relations: coca-colacompany.com/investors
The beverage giant beat Wall Street 's expectations for both profit and revenue in the first quarter CNBC reported. Shares are up 6% following its Q1 results, and on paper, it looks like a clean win. But CEO Henrique Braun had a more sobering read on the world his company is operating in. And what he said on the earnings call is worth paying attention to, especially if you're watching the broader economy Consumers are splitting into two camps Braun didn't mince words about the state of the global consumer . His message was direct: Not everyone is doing fine. "While many consumers remained resilient, others are under pressure due to persistent inflation , greater macroeconomic uncertainty, and volatilities driven by the conflict in the Middle East," Braun said during Coca-Cola's earnings call. That dynamic has been playing out across Coca-Cola's portfolio for several quarters now. Lower-income shoppers are pulling back Premium brands like Fairlife and Smartwater, meanw [Read more]
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Stockreport

Coca-Cola CEO has a stark message on the economy [Yahoo! Finance]

Coca-Cola Company (The)  (KO) 
More Company Research Source: Yahoo! Finance
Last coca-cola company (the) earnings: 4/21 05:55 am Check Earnings Report
US:NYSE Investor Relations: coca-colacompany.com/investors
The beverage giant beat Wall Street 's expectations for both profit and revenue in the first quarter CNBC reported. Shares are up 6% following its Q1 results, and on paper, it looks like a clean win. But CEO Henrique Braun had a more sobering read on the world his company is operating in. And what he said on the earnings call is worth paying attention to, especially if you're watching the broader economy Consumers are splitting into two camps Braun didn't mince words about the state of the global consumer . His message was direct: Not everyone is doing fine. "While many consumers remained resilient, others are under pressure due to persistent inflation , greater macroeconomic uncertainty, and volatilities driven by the conflict in the Middle East," Braun said during Coca-Cola's earnings call. That dynamic has been playing out across Coca-Cola's portfolio for several quarters now. Lower-income shoppers are pulling back Premium brands like Fairlife and Smartwater, meanw [Read more]
IMPACT SNAPSHOT
EVENT TIME:
KO
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS