Coca-Cola Is Prepared for a ‘Worst-case Scenario’ in Second Half: CFO

The transcript discusses Coca-Cola's strategies to handle financial challenges during the COVID-19 pandemic, including stress testing their balance sheet and maintaining liquidity. It explores changes in consumer behavior, the impact on the restaurant industry, and the role of government support. Coca-Cola's global operations, safety measures for employees, and the impact of postponed events like the Olympics are also covered.

What percentage drop in sales does Coca-Cola believe it can withstand without severe stress?

• 10%

• 25%

• 40%

• 50%

How does Coca-Cola view the pressure on its business due to the virus?

• Permanent

• Temporary

• Irreversible

• Negligible

What is one of the long-term changes in consumer behavior anticipated by Coca-Cola?

• Decreased online shopping

• Increased in-store shopping

• More digital channel engagement

• Less home delivery

What challenge do smaller restaurants face during the crisis according to the transcript?

• High employee turnover

• Excessive government support

• Slim balance sheets

• Lack of customers

What is a potential outcome for the restaurant industry as mentioned in the transcript?

• Increased number of small players

• Consolidation around bigger brands

• Decrease in digital orders

• Expansion of small businesses

What is Coca-Cola's approach to managing its global operations during the crisis?

• Reducing product variety

• Centralized production

• Local competition and production

• Outsourcing to other countries

How has the postponement of the Olympics affected Coca-Cola's brand?

• Negatively impacted

• No impact

• Increased brand value

• Decreased brand recognition