Coca-Cola's Revenue Dropped 28% Last Quarter, but Believes the Worst Days Are Past

Away-from-home venues represent about half of beverage giant's business

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With restaurants, sports arenas and movie theaters closed due to the pandemic, the Coca-Cola Company’s net revenue decreased 28% to $7.15 billion for the quarter ending June 26. Away-from-home channels like these account for about half of the company’s business.

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