Coca-Cola on Friday said that it does not expect to meet its financial outlook for 2020 due to the impact of the coronavirus pandemic.
Coca-Cola said it does not expect to meet its financial outlook for 2020 due to the impact of the coronavirus pandemic.
Coke previously forecast that 2020 organic revenue would grow by 5% and adjusted earnings per share would increase by 7% to $2.25.A man walks past shelves of Coca-Cola bottles and cans at a shopping mall in Lagos, Nigeria November 5, 2019.on Friday said that it does not expect to meet its financial outlook for 2020 due to the impact of the coronavirus pandemic.
Around the world, sporting events and concerts have been canceled, movie theaters and restaurants have been closed, and people are working from home. Those initiatives to promote social distancing, along with currency fluctuations, are expected to hit Coke's business, according to a regulatory filing.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Costco Yanking Food Court Seating, But Still Selling Dogs & PopCostco's not the hangout joint it once was amid the coronavirus pandemic.
Les mer »
Thanks to Judi Dench's Coronavirus Message, We're Less StressedJudi Dench took to social media with an uplifting message amid the coronavirus pandemic.
Les mer »
Coronavirus Wedding Couple Kisses Through Masks in New OrleansCoronavirus wedding in New Orleans, bride and groom kiss through surgical masks amid pandemic.
Les mer »
ABC News @ABCMARKETS: We're watching the Dow as futures point to further losses amid the coronavirus pandemic.
Les mer »
Coronavirus Daily: Why US Coronavirus Cases Are About To Rise Dramatically on Apple PodcastsHere's why White House officials expect the number of coronavirus cases to climb dramatically in the coming days 👇
Les mer »
Eurovision 2020 Canceled Over Coronavirus PandemicAnnual song contest is latest major music event to fold amidst coronavirus spread
Les mer »