Coca-Cola quarterly revenue falls 5% on new pandemic restrictions

Coca-Cola quarterly revenue falls 5% on new pandemic restrictions
  • Clock-gray 17:01
  • calendar-gray 10 February 2021

Coca-Cola Co reported a 5% fall in quarterly revenue on Wednesday, as fresh pandemic curbs slammed the brakes on the soda maker’s biggest sales drivers, such as restaurants, cinemas and sporting events, in many parts of the world, APA reports citing Reuters.

Net revenue fell to $8.61 billion in the fourth quarter ended Dec. 31, from $9.07 billion a year earlier.

apa-logo-mini

Other news