Coca Cola Reports Third Quarter 2024 Results and Provides Updated Guidance
October 24, 2024
October 24, 2024
ATLANTA, Georgia, Oct. 24 (TNSres) -- Coca-Cola issued the following news release on Oct. 23, 2024:
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Global Unit Case Volume Declined 1%
Net Revenues Declined 1%;
Organic Revenues (Non-GAAP) Grew 9%
Operating Income Declined 23%;
Comparable Currency Neutral Operating Income (Non-GAAP) Grew 14%
Operating Margin Was 21.2% Versus 27.4% in the Prior Year;
Comparable Operating Margin (Non-GAAP . . .
* * *
Global Unit Case Volume Declined 1%
Net Revenues Declined 1%;
Organic Revenues (Non-GAAP) Grew 9%
Operating Income Declined 23%;
Comparable Currency Neutral Operating Income (Non-GAAP) Grew 14%
Operating Margin Was 21.2% Versus 27.4% in the Prior Year;
Comparable Operating Margin (Non-GAAP . . .