Although the analyst anticipates investors will also be keen to find out how the company performed in the quarter compared to peers and its impact on the company’s plans for the rest of the year.Īs for the numbers, Teixeira forecasts Q121 organic revenue decline of -3.0% while the Street has organic revenue decline of -0.6%. Teixeira expects the bulk of attention is still likely to be focused on “how the company is lapping the early COVID-19 impacts” and how widespread vaccine distribution will affect the business’s recovery. “We think March and April-to-date trends will show sequential improvement, which we believe is what most investors will focus on and it should give increased confidence in KO's back-half-weighted FY21 outlook of +HSD top-line and +HSD-LDD EPS growth,” the analyst noted. Teixeira believes that since then, trends have likely improved in many regions.
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