Coca-Cola Keeps Raising Prices, Delivers Revenue Growth

Coca-Cola Keeps Raising Prices, Delivers Revenue Growth

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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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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What insights were shared about consumer behavior towards Coca-Cola products?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

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

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