Coca-Cola (KO) Q1 2024 earnings
From CNBC: 2024-04-30 09:30:36
Coca-Cola beats earnings and revenue expectations in Q1 as consumers drink more Fanta and Fairlife beverages. Net income rises to $3.18 billion from $3.11 billion a year earlier. A $760 million non-cash impairment charge for Bodyarmor is recorded due to competition in sports drink category. Organic sales up 11%, global volume up 1%. North American volume flat. Coke adjusts full-year outlook, now expecting 8-9% organic revenue growth. Earnings per share beats expectations at 72 cents.
Read more at CNBC: Coca-Cola (KO) Q1 2024 earnings