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Coke ups sales outlook after higher prices boost Q3 revenue

Por: Associated Press Business October 26, 2022

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Coca-Cola booked stronger-than-expected sales in the third quarter as it hiked prices around the world. The beverage giant raised its revenue expectations for the second time this year. Coke said Tuesday that it now expects organic revenue growth of 14% to 15%, up from the 12% to 13% it predicted at the end of the second quarter.Coke’s prices were up 7% over the same period last year. Coke Chairman and CEO James Quincey said consumers have... + full article



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