3 Things You'll Want to Know When Coca-Cola Reports Earnings
Coca-Cola (NYSE: KO) is set to report its first-quarter fiscal 2021 earnings on Monday, April 19. The beverage giant is going through declining sales, as people are staying home more during the pandemic and consuming fewer of its drinks at restaurants and sports/entertainment venues. Fortunately, vaccinations against the coronavirus are underway, and it appears to be only a matter of time before consumers in some parts of the world can return to their accustomed habits.
That bodes well for Coca-Cola, as it has a larger market share than its rivals in the "away from the home" market. Still, doing business during a deadly pandemic leads to many difficulties, and even though vaccinations are going well in some countries, it looks as if it will be well into 2022 before the end of the pandemic is in sight even in the developed world.
Given the major changes underway, this earnings report will be an interesting one. Here are three things you'll want to extract from the report.
Source Fool.com
