secwatch.observer — SEC 8-K summary
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Issuer:     COCA COLA CO (KO)
CIK:        0000021344
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0000021344-24-000013
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coca-Cola Q1 revenue $11.3B (+3%); comparable EPS $0.72 (+7%); charges weigh on operating income down 36%
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- Net revenues $11.3B, +3% reported / +11% organic; unit case volume +1%.
- Operating income -36% due to $765M fairlife contingent consideration charge and $760M BODYARMOR impairment.
- Comparable EPS $0.72 (+7%); reported EPS $0.74 (+3%) with 9-pt currency headwind.
- Comparable operating margin expanded to 32.4% from 31.8% on refranchising and topline growth.
- Cash from operations $528M (+$368M YoY); free cash flow $158M (+$274M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/21344/000002134424000013/0000021344-24-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/21344/000002134424000013/ko-20240430.htm
  HTML page:      https://secwatch.observer/filing/0000021344-24-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer