2024-07-23 12:20:25 ET
The Coca-Cola Company (KO)
Q2 2024 Earnings Conference Call
July 23, 2024, 08:30 AM ET
Company Participants
Robin Halpern - VP, Head of IR
James Quincey - Chairman and CEO
John Murphy - President and CFO
Conference Call Participants
Dara Mohsenian - Morgan Stanley
Lauren Lieberman - Barclays
Bryan Spillane - Bank of America
Bonnie Herzog - Goldman Sachs
Stephen Powers - Deutsche Bank
Filippo Falorni - Citi
Chris Carey - Wells Fargo Securities
Andrea Teixeira - JPMorgan
Kaumil Gajrawala - Jefferies
Rob Ottenstein - Evercore ISI
Peter Grom - UBS
Charlie Higgs - Redburn
Kevin Grundy - BNP Paribas
Robert Moskow - TD Cowen
Presentation
Operator
At this time, I'd like to welcome everyone to the Coca-Cola Company's Second Quarter 2024 Earnings Results Conference Call. Today's call is being recorded.[Operator Instructions]
I would now like to introduce Ms. Robin Halpern, Vice President and Head of Investor Relations. Ms. Halpern, you may now begin.
Robin Halpern
Good morning, and thank you for joining us. I'm here with James Quincey, our Chairman and Chief Executive Officer; and John Murphy, our President and Chief Financial Officer.
We've posted schedules under financial information in the Investors section of our Company website. These reconcile certain non-GAAP financial measures that may be referred to this morning to result as reported under generally accepted accounting principles. You can also find schedules in the same section of our website that provide an analysis of our growth and operating margins.
This call may contain forward-looking statements, including statements concerning long term earnings objectives, which should be considered in conjunction with cautionary statements contained in our earnings release and in the Company's periodic SEC reports. Following prepared remarks, we will take your questions. Please limit yourself to one question. Reenter the queue to ask follow-ups.
Now, I will turn the call over to James.
James Quincey
Thanks Robin, and good morning everyone.
After a good start of the year, we continued our momentum in the second quarter. In a world with a wide spectrum of market dynamics, our all-weather strategy is working. We're winning in the marketplace by leveraging our scale and continuing to foster a growth mindset. Given our strong year-to-date results, we are raising both our top-line and our bottom line guidance today.
This morning, I'll start by discussing the current operating environment and reviewing our second quarter performance, then I'll explain how we're enhancing our capabilities to drive more effective and efficient operations, including leveraging digital and tech-enabled innovations to ultimately contribute to our earnings growth. Finally, John will discuss our financial results and the raised 2024 guidance....
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The Coca-Cola Company (KO) Q2 2024 Earnings Call Transcript