Coca-Cola (NYSE:KO) saw its sales increase in the quarter that ended April 1 thanks to the increase in the price of its products and sustained demand from consumers.
Sales and Profit Beat EstimatesThe US soda giant’s quarterly revenue was $10.5 billion, up 16% from a year ago, according to company results released Monday. This is above the $9.8 billion anticipated by the market.
Coca-Cola reported first-quarter 2022 earnings of $2.78 billion, or $0.64 per share, up from $2.25 billion, or $0.52 per share in the prior-year quarter. Q1 earnings beat the consensus estimate ...
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Coca-Cola Sales Jump 16% in First Quarter Thanks to Higher Prices