Coca-Cola Q1 Comparable Operating Margin Was 32.4% Versus 31.8% In Prior Year
Portfolio Pulse from Benzinga Newsdesk
Coca-Cola reported a Q1 comparable operating margin of 32.4%, an improvement from 31.8% in the previous year.
April 30, 2024 | 10:56 am
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Coca-Cola's Q1 comparable operating margin increased to 32.4% from 31.8% in the prior year, indicating improved operational efficiency.
An increase in operating margin typically indicates improved efficiency and profitability, which can positively influence investor sentiment and potentially lead to an increase in stock price.
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