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Coca-Cola's Earnings Call: 3 Big Takeaways

·3 min read
Coca-Cola's Earnings Call: 3 Big Takeaways
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Coca-Cola (NYSE: KO) is earning its status as an ideal bet on the post-pandemic consumer rebound. In the second-quarter conference call with Wall Street analysts, CEO James Quincey and his team cautioned investors about risks ahead, including new COVID-19 outbreaks that were sparking renewed retailing shutdowns. Coke eased a core worry on Wall Street that its business took a permanent hit from pandemic-related changes in consumer shopping behavior.