Coca-Cola beats earnings expectations with increased revenue and organic growth

From CNBC: 2024-07-23 07:18:28

Coca-Cola raised its 2024 outlook with expectations of 9% to 10% organic revenue growth and 5% to 6% earnings growth. Second-quarter earnings per share were 84 cents, beating Wall Street expectations of 81 cents. Net sales rose 3% to $12.36 billion, with a 15% organic revenue increase on global demand. Unit case volume rose 2%, but fell 1% in North America due to weakened consumer demand.



Read more at CNBC:: Coca-Cola (KO) Q2 2024 earnings