3 Earnings Results That Highlight the Reopening Trade Is Paying Off

3 Earnings Results That Highlight the Reopening Trade Is Paying Off

As a result, several governments removed mobility restrictions, and many businesses welcomed guests back in person. The quarterly earnings results from PepsiCo (NASDAQ: PEP), Coca-Cola (NYSE: KO), and Chipotle (NYSE: CMG) all show a boost in revenue when restrictions eased. In its second quarter, PepsiCo reported organic revenue growth of 12.8% compared to the same quarter a year ago.