Skip to Content
AP National Business

Venues are re-opening, pushing Coke sales up 10% in Q4

<i></i><br/>
KMIZ

By
Published 7:06 AM

By DEE-ANN DURBIN
AP Business Writer

Coca-Cola’s revenue rose 10% to $9.5 billion in the fourth quarter as coffee shops, movie theaters and other venues continued to reopen. The Atlanta-based beverage giant said the fourth quarter was the first time since the pandemic that away-from-home sales volumes were ahead of 2019 levels. Coke said its adjusted earnings fell 5% to 45 cents per share. That was better than Wall Street forecast. Analysts were expecting earnings of 41 cents per share on revenue of $8.98 billion, according to FactSet.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

ABC 17 News is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content