Coca-Cola Keeps Raising Prices, Delivers Revenue Growth

Coca-Cola Keeps Raising Prices, Delivers Revenue Growth

Assessment

Interactive Video

Business

University

Hard

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Coca-Cola is successfully raising prices and achieving strong revenue growth. The CEO is optimistic about meeting 2023 objectives. Despite high input costs, consumers are willing to pay more for Coca-Cola products, especially at live events. This has led to a 1.3% increase in shares. Coca-Cola exceeded analyst expectations with an adjusted EPS of 68 cents and a 12% growth in organic revenue. The company maintains its full-year revenue forecast of 7-8%.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy has Coca-Cola successfully implemented to achieve strong revenue growth?

Expanding into new markets

Raising prices

Cutting marketing costs

Reducing product sizes

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current trend in Coca-Cola's share price?

Decreasing by 1.3%

Stable with no change

Increasing by 1.3%

Decreasing by 0.5%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How are customers contributing to Coca-Cola's ability to manage high input costs?

By switching to cheaper alternatives

By being willing to pay higher prices

By attending more live events

By buying more products online

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Coca-Cola's adjusted EPS in the recent quarter?

65 cents

68 cents

63 cents

60 cents

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Coca-Cola's full-year revenue forecast range?

8 to 9%

7 to 8%

5 to 6%

6 to 7%