Coca-Cola Raises Outlook as Prices and Volumes Rise Abroad
Coca-Cola Co. issued a more optimistic 2024 forecast after first-quarter results outpaced Wall Street’s expectations as customers in markets around the world continue to pay higher prices and drive volume growth.
Coca-Cola (NYSE:KO) Surprises With Q1 Sales
Beverage company Coca-Cola (NYSE:KO) beat analysts' expectations in Q1 CY2024, with revenue up 3.1% year on year to $11.3 billion. It made a non-GAAP profit of $0.72 per share, improving from its profit of $0.
Coca-Cola reveals full scale of price rises as it unveils bumper profits
Both Coca-Cola and PepsiCo are also enjoying buoyant demand for their products in international markets such as Europe and Asia where relaunches of Georgia Coffee, Sprite reformulations and a foray into newer markets have helped bump up sales.
Coca-Cola Raises Annual Organic Sales Forecast on Global Demand, Higher Prices
(Reuters) -Coca-Cola raised its annual organic sales forecast on Tuesday, signaling strong global demand for its pricey sodas and juices, sending the company's shares up 2% in premarket trading.
Coca-Cola Sales Rise on Higher Prices and Volumes
Coca-Cola posted higher earnings and sales for last quarter than expected, and bumped up its organic revenue forecast. The beverage giant's net revenue jumped 3% from a year earlier, due in part to higher prices.
Coca-Cola announces price raise on drinks, dairy
Coca Cola will raise prices on Coke products, beers, and Tara dairy products that are not price-controlled, Kan reported Tuesday, citing a statement by the company. The price of soft drinks and beers will increase by an average of 4.
Coca-Cola raises annual sales forecast on global demand, higher prices
Both Coca-Cola and PepsiCo are also enjoying buoyant demand for their products in international markets such as Europe and Asia where relaunches of Georgia Coffee, Sprite reformulations and a foray into newer markets have helped bump up sales.
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