Coca-Cola Boosts Annual Revenue Forecast After Unexpected Surge in Demand

Coca-Cola Boosts Annual Revenue Forecast After Unexpected Surge in Demand
A saleswoman grabs a Coca-Cola to pass it through the price reader in Mexico City on June 3, 2022. Hector Vivas/Getty Images
Bryan Jung
Updated:
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Coca-Cola reported that it raised its annual revenue forecast on July 26, after a better than expected report, that demand for its sodas went up despite price increases to combat rising costs.

The company’s second-quarter earnings for 2022 exceeded expectations, boosting investor confidence that the soda giant will be able to navigate through a period of high global inflation.

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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