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Coca-Cola January-March 2021 Financial Results

English

Have you ever heard of Coca-Cola (ticker symbol: KO), a U.S. stock?

It is a major beverage manufacturer in the United States.

This time, I would like to introduce the company’s financial results for the period from January to March 2021, which were announced on April 19, 2021.

January to March 2021

EPS is 55¢ vs. 50¢ forecast.

Net sales were $9 billion, compared to the forecast of $8.58 billion.

Sales growth was +4.7% YoY.

Pretax income by region and percentage change were as follows

In Europe, Middle East and Africa, income before tax was $830 million, down 14%.

In South America, pre-tax income was $555 million, up 4%.

In North America, profit before tax was $816 million, up 103%.

In Asia Pacific, income before tax was $695 million, up 35%.

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