Coca-Cola’s sales surge with accelerated reopening of venues - News Summed Up

Coca-Cola’s sales surge with accelerated reopening of venues


The company in particular cited a rebound in “away-from-home channels" as pandemic restrictions eased, sending sales above 2019 levels. Unit case volume grew 18% overall, climbing 17% in North America and 21% in the Europe, Middle East and Africa region. Supply-Chain Pressure“The pandemic has put pressure on supply chains around the world, be it the commodities input or the transportation costs around the world," Murphy said in an interview. One key ingredient the soda maker will use to recover from the pandemic is consumer pricing, Murphy said. The company raised its forecast for full-year organic sales growth to a range of 12% to 14%, from a prior expectation of high single digits.


Source: Mint July 21, 2021 12:33 UTC



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