5 Numbers to See From Coca-Cola's Earnings Announcement
Coca-Cola (NYSE: KO) is back to setting sales records. The beverage giant this week announced that volume in its core away-from-home drink categories finally surpassed 2019 levels as parts of the world started emerging from the pandemic.
Coke's report wasn't all good news, though. Profit margins fell despite higher prices across the portfolio. And the company still faces soaring costs that it needs to offset with savings and price hikes.
But the wider outlook is great for Coke's beverage business. Let's look at some of the standout figures in this latest announcement.
Source Fool.com
