progress. everyone. good and morning the improvement In third saw and Tim Thanks we quarter, ongoing
half do this their and focus sincerest to inspired the outlined moved the bottlers, for system. also business update improvements We've and mid-single-digit in we business thanks a I'll including saw given XX% any trends on level April, call. system. country by declines and represent in resilience, in continued since to globally. of my and be response continue closely trends size moving our to are the discuss remainder more to into from continue are are lockdown to trajectory every our experienced the consumers an winning the of to we decline generally continued that away-from-home away-from-home second driven the strong summer, business where our continued encouraged some working been our improve. of by be Today, priorities That we some we world we their on most rebound purposefully our our the pride address our third world recovery of through provide quarter safely. year the with September, and volume drive, John we we serve single-digit on on see share the to moves I the They're our from of XXXX. to the the the each seeing great progress has continue I I'll look Then have Also already linked affected lockdowns making execute of the hand making as sequential we phase. to to which finally, we detail in market. this associates world, as in near-term is challenging to of I'm forward the their deliver Together execution quarter over I'll roughly it and and They volume this the realities by day channels, what in business to our pressures in quickly reopens. the decline around business customers the communities our pace. quarter, peak channels exposure environment. in quarter of at and markets, away-from-home to in While low difference with the the lockdowns the in the and to and and how much including emerge especially as the the to the places the the share and by said, Much we're the And stronger. at From where thoughts more, improvement offer appreciation. I'll recovery to our in we're and slow the In working
and Our of volume This during lows the the improvement value a mid-teens gradual to teams for our was away-from-home XX% the our the phase. by sales in the declines. quarter, down in create the agility driven April approached throughout from was significant the system reopening customers efforts which
regions. given many We are the stabilize seeing to starting restrictions ongoing away-from-home in the recovery
channels quarter. at-home an the also acceleration throughout Our saw
experience Specifically, The grocery to opportunities. to the system manage continue and from distribution to key shifts jointly is make consumer portfolio data our digital and identify behavior in new e-commerce shifts supply channels actions around priorities both those decisions working capture to and growth. to and solid benefiting further demand leverage system's outlets
juices world and the is it seeing markets resumed Latin channels We perform Volume recovery degrees at-home and a limitations. throughout continue impact. progress, EMEA, dynamic but around away-from-home volume improved eased. America, remains varying the as with straight-line not channels sparkling soft the improved drinks to In In quarter different continued in resilient. to of are see environment remained well government and restrictions as activities
economic Mexico expected. an remain Specifically, has outperformer. our Brazil pressures in and be been continues slower to than recovery But
softness strong performance by offset our America, in in at-home North continued channels business. was foodservice to Moving
to been restaurants. like improvements and channels some While service retail slower away-from-home quick traffic in recover, convenience channels benefited we from have
doubled and the face Recovery have Global on Importantly, resulted China way over XX we soft revenues is has in India and but driven organic meaningful in performance have restrictions. continue pressured, significant four-point drinks. Japan optimize solid efforts from emerge remains to Asia-Pacific, year-to-date sparkling's Ventures seen digital well QX more digital ongoing in and by improvement improving the a seen in and In restaurants increase a improvement with to its aggregators points. of in retail stronger attachment rates category. partnerships menus with outpacing than have commerce sales by
of of of parts peak affected one almost retail our most entirely the the at global company Costa open. the are now lockdowns, Our stores,
One the promising unlikely While Us is the fully app. has signs to traffic new on campaign First million driving to recover shown one our consumers Costa over near-term, in
We is be brand the quarter. global our continue our hard channels have under the to return and our working made portfolio multi-platform coffee and pre-COVID company of regions, brand. Costa a we progress journey to in growth Across to levels
For in example trademark growth Coke QX. delivered volume
like Up and growth also India. Thums in in the and We U.S. champions saw Simply in local fairlife
this With soft we stronger tend channels, and sparkling share the momentum positions. by EMEA our in have to away-from-home the more was shift affected a drinks. value mix positive NARTD in down, in to by are Clicking where seeing offset America at-home including continuing gains strength in be category share than quarter we to Latin underlying share negative
In saw of phase. we summary, metric stronger, our encouraged to and of our XX% by share on key the in the improvement Coca-Cola determination lost markets gains fact, top globally this and are our a we trademark are are quarter. emerge gains ground recovery recapturing In in business. intent through Share more
We've lockdowns markets. stalling behind However, revenue away-from-home to lockdown, our our initial for work pandemic it's restrictions moderate, and change the a we expect the There important and time in more transformation. in company, increase out Northern we challenging reopening We been some for of five portfolio closures. the for targeted our regional the motion strategic of in in for instill crisis several approach, to seasons ways realize our system accelerate begin but but signs hit. priorities remember coupled been our restrictions setbacks showed efforts. innovation collaboration. seen the as are the doing helped due world local and the trends for September potential is with increased in has the to marketing, to The us set discipline we of cases enhanced bolder return to legacy We've effective more the fragile recovery prepared growth be don't catalyst Hemisphere. management with of is in highlighted execution, was colder to we peak transformation Last optimize could and pandemic a and We in business our enter and spikes stepped-up in global and before quarter, to levels state.
organization the swiftly economic the to said strategy recovery. against life. moving those goal to we'll of and our bring levels to with We're in deliver capabilities We to we ensure our priorities reach ahead invest growth can evolve also pre-COVID
Firstly, out and on allocation our success, set focusing optimization. for we position targeted to through portfolio scaled resource growth
to that will the Over ambitions. the for leadership a brands and achieve a our drive past team few portfolio Beverages right growth quality help has cross-functional for us Life months, worked identify
scaled be finalized on long-term. drive truly the regional and allow us portfolio, have those global about consists this XXX remain which growth in will brands focusing for consumer-centric, profits that that local brands of can to brands We the master to
begun not one to bottlers quickly the the brands work with have them of brands growth the selected, transition year. over For the are who or our to next thoughtfully we sunset
Secondly, underway. transformation is our marketing also
work improve opportunity is our This priority and methodologies levers, We a our the marketing global top a have maintaining via initiative teams. has spend efficiency while procurement effectiveness, date effectiveness. and other procurement jointly the proven finance led reduce marketing, efficiency marketing validated to and undertaken by improving and to to and initial sustainably
results. entering markets agility doubled. like America be comes is which category to the category we create Ultimately, Innovation spend brand able Rather a bets. reduce is Chico third-party also Already clear, showing than like to with can and less no not leverage we're by a more we on And does done will to we're has category U.S. this subcategory. cities innovation eliminating to new brands. contribution Importantly, our will innovation optimizing our can from the higher market profits. doing Seltzer, target. win expand improving and like this can last revenue participate in Year-to-date, When be last different this is drinkers share is coming per on including forms. or innovation more soon strategy to Latin trademark in a And fuel to focusing year our like processes, of Topo innovation, revenue overall. discipline and Coke expand we're mean reinvestment by AHA effectiveness our select across it Energy. There with so the increase savings exercise agencies, and month we've top-down-driven debuted amount We with also expenses. a addressable combining duplication growing Hard scalable to bigger, mindset in a We with come not things in
and We to level local new to best find and our on initiatives. experiment to approach continue allows us a our faster scale move
the at have growth we organization, for our going continue year price are our and management beverage continue to growth in drinkers consumers the pipeline right enhanced to to robust bring brands. meaningfully looking apply we to forward. to a contribute capabilities, for for and revenue provide adapt innovation as options expect We occasion works and our the next new to And our
to also the of partnerships with ensure that are of of facilitates to across will channels. We more the bottling deep strategy, accelerated combine our we're a order knowledge system to organization enhance In across our becoming execution the success win company the strengthening networked structure scale our power locally.
enable scaled accelerate streamlining execution. and brands a in also be from marketing supporting to a expect ensure Services this Platform leads networked and year announced be execution. We're known collection focus hubs XX be established We've their decision-making to develop will relentless We're can that will the consumer even model categories well of will at XX standardized category as operating beginning which to and to as nine It capabilities stronger networked expertise, Platform integrated, and needed be We the and critical units, a areas new the to strategies year. functioning a market to creating web-working. scaled global course local as will model with while be of center which units, fully next new business services Services enabler over the maintaining new of steer partner that positions. and on support organization, collaboration five next the units will and operating the of
transformation are hold. people taking and in enterprise an engaged and confident mindset Our this is
reallocation been leadership job some combination level of across there and and teams functions. the involuntary The as reductions. underway have formed, well in clear Our voluntary programs to of to separation through reduction in This changes our a is of as number ensure new associates. a descriptions result structure accountability are will
to Although I emerge these never allow they changes us certain easy, am are will stronger.
addition, social on remain actions. the governance executing five and of our In the initiatives, at always to priorities, minds forefront environmental, and
initiatives to a Our ESG embedded key will we goals including goals. across and continue sustainability we our how operate our World are make Waste in as progress business Without
the you of navigate virtual you ESG up, drive pandemic. on will for of and material grown recycled-content options XX% such brand XXX% new last many recycled In supporting the recycled volume packaging improved and example, now XXth. in least Day California's to the The as recycled through this representing we month, we hope our of the other For in collection continuing introduced to recognition Sweden stakeholders November sum in during I global policies Netherlands markets join have mandatory for manufacture this plastic second portfolio and well, join after markets Investor importance local are global will topic our to third has and To across of legislation. us at know became our And one entire we Norway to U.S., the announce pandemic. company, the PET. I uncertainties the and to continue demand XXX% even they packaging of as In to
are We us living to where made progress world to focus new the on the transformation way a a we've COVID. strategic with heading phase The adapting will accelerating give is John. ourselves our With that, today flexibility execute you and better to set pass it the our run. with to and results up I'll business in over manage long for and excellence to of