Higher Prices Energized Coca Cola's Q3 Financials
On Wednesday, The Coca Cola Company (NYSE: KO) surpassed Wall Street estimates on both revenue and earnings fronts as higher prices managed to offset a rather sluggish demand for its beverages in the face of increasingly price-sensitive consumers. Third Quarter Highlights Adjusted net sales were roughly flat compared to last year, amounting to $11.95 billion, surpassing LSEG’s consensus estimate of $11.60 billion. However, when acquisitions, divestitures and currency are excluded, organic revenu
