Coca-Cola Exec Says In Q2 Volume Was Flat And After A Slower Start It Sequentially Improved With June Being The Strongest Month In The Quarter
Portfolio Pulse from Benzinga Newsdesk
Coca-Cola's Q2 volume was flat, but showed sequential improvement with June being the strongest month in the quarter, according to a company executive.
July 26, 2023 | 12:44 pm
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Coca-Cola's Q2 volume was flat but showed sequential improvement, indicating a potential recovery in sales.
The flat volume in Q2 indicates that Coca-Cola's sales have not grown but the sequential improvement suggests a potential recovery. This could have a neutral impact on the stock as the market may have already priced in the slow recovery.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100