Published 3 months ago

Coca-Cola sales beat estimates, helped by higher prices

Demand for Coca-Cola products declined after the company raised prices, particularly in North America.
Hyperinflationary conditions in certain markets and price increases have affected consumer spending habits, leading to decreased demand for sports drinks, coffee, and tea.
Despite lower demand in the U.S., Coca-Cola reported higher-than-expected revenue in the fourth quarter due to growth in Mexico, Germany, and other markets.

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Reuters

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3 months ago·United Kingdom

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Associated Press News

Coca-Cola overcomes falling demand in North America and puts up strong fourth quarter sales

Coca-Cola reported higher-than-expected revenue in the fourth quarter as growth in Mexico, Germany and other markets offset lower demand in the U.S. Revenue rose 7% to $10.8 billion for the October-December period, the Atlanta beverage giant said Tuesday. That topped Wall Street’s forecast of $10.7 billion, according to analysts polled by FactSet. Revenue growth will […]

3 months ago·United States

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abc News

Coca-Cola overcomes falling demand in North America, puts up strong 4th quarter sales

Coca-Cola reported higher-than-expected revenue in the fourth quarter as growth in Mexico, Germany and other markets offset lower sales in the U.S. The Atlanta-based beverage giant said Tuesday its revenue rose 7% to $10.8 billion for the October-Decem...

3 months ago·United States

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CNBC

Coca-Cola sales beat estimates, helped by higher prices

Coca-Cola sales rose as higher prices helped the beverage giant overcome lower volume in North America.

3 months ago·United States

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RTÉ

Coca-Cola revenue tops estimates on resilient demand

Coca-Cola has today beaten Wall Street estimates for fourth-quarter revenue, as the beverage maker benefited from higher product prices and buoyant demand, especially for its namesake drink.

3 months ago·Ireland

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