× Sign Up Today and Support Local Journalism Enjoy more articles from Lincoln's Most Trusted Information Source. Subscribers can log in for unlimited digital access Log in Sign up {{featured_button_text}}Coca-Cola's revenue plunged 28% in the second quarter, but the company thinks the worst could be behind it. Coke Chairman and CEO James Quincey said sales improved sequentially in May, June and July despite surging cases in key markets like the U.S., Iran and Australia. “I am pretty confident the second quarter will ultimately prove to be the most difficult and the most impactful quarter,” Quincey said Tuesday in a conference call with investors. The sales volume of Coke based on the number of unit cases declined 25% in April compared to the previous year.

Source: The Star July 21, 2020 11:26 UTC