Nevertheless, it was a better-than-expected third quarter. In the second quarter, Coca-Cola still sold 28% less.
Operating income for the latest period fell just eight per cent to $2.3 billion (£1.725 billion/€1.9 billion), although a sharp run-up in interest expense took its toll on pre-tax income, which was down 29 per cent at $2.18 billion (£1.6 billion/€1.8 billion).
On a per share basis, the company earned 55 cents per share, 9 cents above expectations, according to IBES data from Refinitiv. That also outpaced analyst forecasts of 46 cents.
The company said consumers were buying more sparkling soft drinks and juices from grocery stores and online. Although sales in all regions dropped compared to past year, this was a better performance than analysts had expected. His feedback got here as Coke reported an 11 p.c drop in quarterly gross sales volumes for its waters and sports activities drinks, which embrace the Dasani and Powerade manufacturers. In the USA, sales at convenience stores ticked upward after a slump.
In a comment to investors, CEO James Quincey said they had finalized the list of which brands will remain, but he would not give specifics. "We are prepared for setbacks due to the local spikes in cases and targeted restrictions and closures". But Chief Financial Officer John Murphy said Coke is confident it will recover faster than the broader economy because of its ongoing corporate reorganization.
The Government is preparing to open field hospitals, but it is not clear where it will find the doctors and nurses to staff them. The government sent text messages on Saturday morning to its citizens, urging them to stay home and help elderly people.
A few days back Neha had shared images of how Rohanpreet had proposed to her, writing, "Life is more attractive with You". The photos feature Neha Kakkar and Rohanpreet Singh , who is also a singer, twinning in green outfits.
The rule is meant to allow each candidate two minutes of uninterrupted time at the start of each segment. The debate also comes amid a flood of political news out of Washington that could impact talking points.
Elections Project , a turnout-tracking database run by University of Florida political scientist Michael McDonald. More than 50 million people have already voted in the election either by mail or in person, according to the U.S.
Whenever people go outside, wear mask and keep the window closed so that mysterious dust does not come inside the house. Yellow dust refers to the sand in the deserts of Mongolia and China that reaches North and South Korea seasonally.
Kanye West , 43, was in the shower when his "calling" came to him: the rapper wants to be "the leader of the free world". When I posted my contracts, I had 10 contracts that kept putting me inside a labyrinth and things we don't need.
La France a enregistré un nombre record de cas quotidiens ces dernières semaines, dépassant souvent les 30 000 cas par jour. Au total, 54 départements ainsi que la Polynésie française seront désormais concernés, soit 46 millions de Français.
Aguero hasn't scored in the top flight since January and is notoriously slow to return to his best after injuries. Guardiola will take solace that his team have only conceded twice in the PL in their last three games.
Ma Rainey's Black Bottom , c'est l'histoire d'une troupe de blues sur fond de tensions raciales dans les années 1920 à Chicago. Boseman a récemment été à l'affiche du filmDa 5 Bloods de Spike Lee, publié sur Netflix durant le confinement.
The NFF believes our National Forests and all they offer are an American treasure and are vital to the health of our communities. With help from outdoor outfitter Filson, the Blue Oval recently released the Bronco Wildland Fire Rig concept .
Coronavirus Ireland: four further deaths and 859 new cases
The number of tests administered within the last 7 days between October 16 and October 22, is 235,737 with 10,840 positive cases. A total of 133 faculty, staff and students were quarantined and isolated as of Saturday, with 14 of those in campus facilities.
Jour de liste pour les Bleus — XV de France
Les Bleus entament leur premier match d'automne en jouant contre le Pays de Galles , ce samedi à 20h45, au Stade de France . Si l'on doit relever un petit sujet d'étonnement, il réside dans la titularisation de Teddy Thomas, l'ailier du Racing 92 .
Le PSG et l'OM, Mahrez reste ouvert — Man City
Je suis né à Paris, j'ai grandi à Paris, donc on ne sait jamais", a alors confié Riyad Mahrez rapporte Le 10 Sport. Après si le PSG. ce n'est pas d'actualité parce que je suis encore sous contrat et je suis bien à Manchester.