Coke: On-Premise Challenges Offset Retail Sales Growth in Q3

Slumping on-premise accounts “more than offset” an increase in retail sales for The Coca-Cola Company during Q3 of this year, according to a company earnings report released today. Global case unit volume fell 4% in the quarter, while net revenues declined 9% year-over-year. Organic revenues fell 6% and operating income was down 8%
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Author:

Timothy Kelly

Tim is the Founder & Master Distiller at Felene. He developed his passion for the spirits and hospitality business while growing-up and working in his family's restaurant and liquor store business. Tim’s passion for the epicurean lifestyle has found it’s latest manifestation in the Felene Distillery. Tim is a 5-time Gold Medal Award winning Distiller. He has won a Platinum medal at the Prestigious Los Angeles Spirits Awards and his signature vodka was named Best-in-Category by the American Distilling Institute. Mr. Kelly is also a prolific author and writer and his blog is filled with ideas, discoveries, observations and recommendations to help his readers enjoy life’s simple epicurean pleasures.

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