Coca-Cola Earnings: What to Watch
Investors have some good reasons to look forward to Coca-Cola's (NYSE: KO) upcoming earnings announcement on July 21. The soda titan said in its last report that sales volumes finally returned to positive territory at the end of the first quarter to set the stage for a big Q2 rebound. Rival PepsiCo (NASDAQ: PEP) also just reported surging demand in its beverage division as U.S. consumers returned to more normal mobility patterns.
We'll find out in a few days if Coke continued to lose market share to Pepsi as it did through the early phases of the pandemic. Shareholders will also get some key updates on the company's earnings prospects for the full fiscal year.
Let's take a closer look.
Source Fool.com
