Coca-cola Company (the) · NYSE:KO

Coca-cola Company (the) — Q1 2023 Earnings Presentation

6 slides from Coca-cola Company (the)'s earnings presentation, Apr 24, 2023

  1. Slide 1: Q1 2023 Margin Analysis

    Q1 2023 MARGIN ANALYSIS April 24, 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: Consolidated Gross Margin Key Takeaways

    Q1 2023 MARGIN ANALYSIS CONSOLIDATED GROSS MARGIN KEY TAKEAWAYS • Items impacting comparability primarily relate to economic hedging activities. • Underlying gross margin expanded ~140bps ~(50bps) 61.0% ~(130bps) by ~140 bps, driven by a benefit ~30bps 60.9% ~(20bps) from the phasing of inventory 60

  3. Slide 3: Consolidated Operating Margin Key Takeaways

    Q1 2023 MARGIN ANALYSIS CONSOLIDATED OPERATING MARGIN KEY TAKEAWAYS • Items impacting comparability Operating segment mix tailwind of ~10bps primarily relate to transaction driven by relative underperformance of our gains & losses, restructuring lower margin, finished goods Global Ventures operating

  4. Slide 4: Appendix: Reconciliations of GAAP and Non-GAAP Financial Measures

    APPENDIX RECONCILIATIONS OF GAAP AND NON-GAAP FINANCIAL MEASURES

  5. Slide 5: 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 March 31, 2023 Ended April 1, 2022 Growth (Decline) Reported Gross Margin (GAAP) 60.68% 61.01% (33) Items Impacting Comparability (Non-G

  6. Slide 6: 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 Ended Basis Point March 31, 2023 April 1, 2022 Growth (Decline) Reported Operating Margin (GAAP) 30.66% 32.45% (179) Items Impacting Comparabili

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