Health

Coca-Cola revenue jumps 42 percent in Q2 as re-openings gain momentum

Coca-Cola’s sales rebounded faster than expected as the impact of the pandemic abated.

The Atlanta-based soft drink giant said its revenue jumped 42 percent to $10.1 billion in the April-June period. That was well ahead of the $9.3 billion in sales that Wall Street had forecast, according to analysts polled by FactSet. It was even slightly better than the same period in 2019.

It was a very different story than the second quarter of 2020, when Coke’s sales sank 28…


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