Coca-Cola Earnings: What to Watch
Coca-Cola's (NYSE: KO) business was hit extra hard during the COVID-19 pandemic as people avoided restaurants, sporting events, and most other gathering places. Its focus on these point-of-sale drinks translated into sharp volume drops for fiscal 2020 even as peers like PepsiCo (NASDAQ: PEP) grew thanks to booming demand at supermarkets and warehouse retailers.
The flip side of that weakness is that Coke may be gearing up for a sparkly rebound as the virus threat recedes over the next few months. Its upcoming fiscal 2021 first-quarter earnings report, set for release on Monday, April 19, won't contain much evidence of that recovery. But CEO James Quincey and his team still might have some encouraging words for investors about Coke's latest demand trends.
Let's take a closer look.
Source Fool.com
