Reported about 1 month ago
Coca-Cola's Q3 results exceeded expectations with $11.9 billion in revenue, attributed to strategic price increases despite a decline in global unit volume. The company's adjusted earnings were also higher than predicted, highlighting consumer resilience in developed markets. However, challenges persist due to cautious spending patterns, especially in key markets like China and Mexico. The company anticipates a 10% organic revenue growth for the year, focusing on revenue management strategies to address evolving consumer behaviors.
Source: YAHOO