3 Numbers to Watch in Coca-Cola’s Earnings Report
Investors have been happy with Coca-Cola's (NYSE: KO) last few earnings reports for a change. The new optimism comes from accelerating sales growth driven by core innovations like Coke Zero and successful pushes into new growth areas around coffee, energy drinks, and sparkling water.
Those modest wins set the stage for what's likely to be a closely followed earnings report this week. On Friday, Oct. 18, the consumer staples giant will reveal how well demand held up during the seasonally strong summer months in a report that might also clear up whether Coke will see a bigger market share challenge from PepsiCo (NASDAQ: PEP) over the coming quarters.
Let's look at three key points.
Source Fool.com
