Coca-Cola: Reports First Quarter 2022 Financial Results

Atlanta / GA. (ccc) The Coca-Cola Company, since January 2019 parent company of British Costa Limited, reported first quarter 2022 results, showing continued momentum in our marketplace performance. «We are pleased with our first quarter results as our company continues to execute effectively in a highly dynamic and uncertain operating environment,» said James Quincey, chairman and CEO. «We remain true to our purpose and are staying close to consumers. We are confident in our full-year guidance, and we are well-equipped to win in all types of environments as we fuel strong topline momentum and create value for our stakeholders.» Summary:

  • Global Unit Case Volume Grew 8 percent
  • Net Revenues Grew 16 percent; Organic Revenues (Non-GAAP) Grew 18 percent
  • Operating Income Grew 25 percent; Comparable Currency Neutral Operating Income (Non-GAAP) Grew 24 percent
  • Operating Margin Was 32.5 percent Versus 30.2 percent in the Prior Year; Comparable Operating Margin (Non-GAAP) Was 31.4 percent Versus 31.0 percent in the Prior Year
  • EPS Grew 23 percent to USD 0.64; Comparable EPS (Non-GAAP) Grew 16 percent to USD 0.64

For additional information please read the Company’s PDF file below (204 KB):

20220425-CCC-Q1-2022
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