THE COCA-COLA COMPANY AND SUBSIDIARIES
Reconciliation of GAAP and Non-GAAP Financial Measures
(UNAUDITED)
- Change - Reported (GAAP)
- Estimated impact of cycling increased inventory levels in our Brazilian bottlers in the prior year and cycling the timing of certain deductions in the prior year
- Change - Adjusted (Non-GAAP)
Note: Certain rows and columns may not add due to rounding.
Three Months Ended September 27, 2019
Concentrate | Organic Revenues | ||
Sales | Price/Mix | (Non-GAAP) | |
(2) | 6 | 5 | |
(2) | 2 | 0 | |
1 | 4 | 5 |
Three Months Ended | Three Months Ended | Basis Point | |
September 27, 2019 | September 28, 2018 | Growth (Decline) | |
Reported Gross Margin (GAAP) | 60.37% | 61.87% | (150) |
Items Impacting Comparability | (0.50%) | 0.15% | |
Comparable Gross Margin (Non-GAAP) | 60.87% | 61.72% | (85) |
Comparable Currency Impact (Non-GAAP) | (0.79%) | 0.00% | |
Comparable Currency Neutral Gross Margin (Non-GAAP) | 61.66% | 61.72% | (6) |
Impact of Acquisitions and Structural Charges on Comparable | |||
Currency Neutral Gross Margin (Non-GAAP) | (1.62%) | (0.37%) | |
Underlying Gross Margin (Non-GAAP) | 63.28% | 62.09% | 119 |
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The Coca-Cola Company published this content on 18 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 October 2019 16:29:09 UTC