Despite reporting a 28% decline in its second quarter—the largest decline in quarterly revenue The Coca-Cola Company has witnessed in 30 years—it also witnessed considerable improvement in global sales volume as lockdown eased. Coca-Cola announced that it would be discontinuing its Odwalla juice and smoothie brand, and dissolving its chilled delivery network at the end of July. In a statement to FoodBev, the company said it made the decision in light of a “rapidly shifting marketplace and despite every effort to support continued production and . . .
Despite reporting a 28% decline in its second quarter, it also witnessed considerable improvement in global sales volume as lockdown eased.
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