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Coke's strong quarter fueled by higher prices, China rebound

Por: Associated Press Business April 24, 2023

Coca-Cola Co. reported higher-than-expected sales in the first quarter as it continued to hike prices and its business in China improved.Revenue rose 5% to $11 billion for the January-March period, the company said Monday. That beat Wall Street’s expectations. Analysts polled by FactSet had forecast revenue of $10.8 billion.Coke Chairman and CEO James Quincey said higher demand at restaurants and robust new year celebrations in China were a... + full article



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