Jul 23rd, 2024

Coca-Cola Raises Prices, Outlook

Coca-Cola Co. raised its full-year outlook as higher prices bolstered the soft-drink giant’s performance. The Atlanta-based company now sees organic revenue growth, which strips out currency volatility and other items, in a range of 9% to 10% this year, above the previous projection in April for 8% to 9%. Barclays Analyst Lauren Lieberman has more.