Reported about 14 hours ago
Coca-Cola surpassed Q2 expectations with resilient demand in Europe, but saw a dip in global volumes. The company announced plans to launch a new cane sugar Coke in glass bottles by year's end, despite current stock pressure. CFO John Murphy indicated that while overall volumes declined in regions like Asia and North America, they remain optimistic for the second half of the year, focusing on value and affordability to regain consumers.
Source: YAHOO