Despite reporting a 28% decline in its second quarter—the largest decline in quarterly revenue The Coca-Cola Company has witnessed in 30 years—it also witnessed considerable improvement in global sales volume as lockdown eased.

Coca-Cola announced that it would be discontinuing its Odwalla juice and smoothie brand, and dissolving its chilled delivery network at the end of July. In a statement to FoodBev, the company said it made the decision in light of a “rapidly shifting marketplace and despite every effort to support continued production and delivery services”. In January, the multinational beverage corporation also agreed to fully acquire dairy beverage brand Fairlife, purchasing the remaining 57.5% stake from joint venture partner Select Milk Producers.