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Coke sees slower growth ahead as price hikes moderate

Por: Associated Press Business February 14, 2023

Coca-Cola said higher prices didn’t hurt demand for its drinks in the fourth quarter, but it expects slower growth ahead as inflation cools and price increases moderate.The Atlanta company said Tuesday it expects organic revenue growth of 7% to 8% this year which would be half the 16% growth it delivered in 2022.Higher prices were a big contributor to Coke’s revenue growth last year as it tried to compensate for rising costs of raw... + full article



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