Consumer
Coca-Cola Expects Moderation After Prices Abroad Soar
- Full-year organic revenue outlook beat analyst expectations
- North America volumes fell in the most recent quarter
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Coca-Cola Co. Chief Executive Officer James Quincey expects consumer prices for the company’s beverages to moderate in the year ahead, after several quarters of price hikes to offset rising costs for commodities and other inputs.
In 2024, “you’ll see normalized pricing levels in the majority of countries,” Quincey said in an interview Tuesday.