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Coke Beats Wall Street Expectations Despite Flat Demand In Key Markets
Benzinga
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9 hours ago
Coca-Cola beat Wall Street estimates with $12.41B in revenue and 82¢ EPS, boosted by steady pricing and slight volume growth. The company maintained its outlook as affordable options help offset U.S. consumer softness.
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00:00
It's Benzinga, bringing Wall Street to Main Street.
00:30
North America and Latin America volumes were flat.
00:32
Second is known to continue softness among low-income U.S. consumers,
00:36
but said affordable offerings are helping sustain demand.
00:38
Coca-Cola reiterated full-year guidance for 3% EPS growth and 5% to 6% organic revenue gains.
00:45
For all things money, visit Benzinga.com.
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