Coca-cola Company (the) · NYSE:KO

Coca-cola Company (the) — Q2 2023 Earnings Presentation

8 slides from Coca-cola Company (the)'s earnings presentation, Jul 26, 2023

  1. Slide 1: Q2 2023 Margin Analysis

    Q2 2023 MARGIN ANALYSIS July 26, 2023 RECONCILIATION TO U.S. GAAP FINANCIAL INFORMATION The following presentation includes certain "non-GAAP financial measures" as defined in Regulation G under the Securities Exchange Act of 1934. A schedule which reconciles our results as reported under Generally

  2. Slide 2: Q2 2023 Margin Analysis: Consolidated Gross Margin

    Q2 2023 MARGIN ANALYSIS CONSOLIDATED GROSS MARGIN KEY TAKEAWAYS • Items impacting comparability Operating segment mix headwind of ~(20bps) primarily relate to economic driven by relative outperformance of our lower margin, finished goods BIG segment versus our hedging activities. geographic operatin

  3. Slide 3: YTD 2023 Margin Analysis: Consolidated Gross Margin

    YTD 2023 MARGIN ANALYSIS CONSOLIDATED GROSS MARGIN KEY TAKEAWAYS • Items impacting comparability Operating segment mix headwind of ~(10bps) driven by relative outperformance of our lower primarily relate to economic margin, finished goods BIG segment versus our hedging activities. geographic operati

  4. Slide 4: Q2 2023 Margin Analysis: Consolidated Operating Margin

    Q2 2023 MARGIN ANALYSIS CONSOLIDATED OPERATING MARGIN KEY TAKEAWAYS • Items impacting comparability Operating segment mix headwind of ~(10bps) primarily relate to transaction driven by relative outperformance of our lower margin, finished goods BIG segment versus our gains & losses, restructuring ge

  5. Slide 5: YTD 2023 Margin Analysis: Consolidated Operating Margin

    YTD 2023 MARGIN ANALYSIS CONSOLIDATED OPERATING MARGIN KEY TAKEAWAYS • Items impacting comparability primarily relate to transaction gains & losses, restructuring initiatives and economic hedging activities. ~120bps ~(70bps) ~20bps 31.7% ~(660bps) ~470bps 31.0% • Underlying operating margin 26.3% ex

  6. Slide 6: Appendix: Reconciliations of GAAP and Non-GAAP Financial Measures

    APPENDIX RECONCILIATIONS OF GAAP AND NON-GAAP FINANCIAL MEASURES

  7. Slide 7: Reconciliation of GAAP and Non-GAAP Financial Measures: Gross Margin

    THE COCA-COLA COMPANY AND SUBSIDIARIES Reconciliation of GAAP and Non-GAAP Financial Measures (UNAUDITED) Gross Margin: Three Months Ended Three Months Basis Point June 30, 2023 Ended July 1, 2022 Growth Reported Gross Margin (GAAP) 58.97% 57.34% 163 Items Impacting Comparability (Non-GAAP) (0.43%)

  8. Slide 8: Reconciliation of GAAP and Non-GAAP Financial Measures: Operating Margin

    THE COCA-COLA COMPANY AND SUBSIDIARIES Reconciliation of GAAP and Non-GAAP Financial Measures (UNAUDITED) Operating Margin: Three Months Ended Three Months Basis Point June 30, 2023 Ended July 1, 2022 Growth (Decline) Reported Operating Margin (GAAP) 20.05% 20.68% (63) Items Impacting Comparability

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