After sales fizzle out in first quarter, Coca-Cola demand rebounds
CEO says he is confident the second quarter of 2020 will prove to have been the most difficult and the most affected quarter
21 July 2020 - 18:12
Coca-Cola said on Tuesday that demand for its beverages was improving after reporting a 28% slump in sales in the “most challenging” quarter of the year due to coronavirus-led closures of restaurants, theatres and sports venues.
Shares of the world's largest soft-drink maker rose about 4% as it also beat second-quarter profit estimates...
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