Coca-Cola beats quarterly revenue estimates on steady soda demand
Coca-Cola
Coca-Cola beat Wall Street estimates for second-quarter revenue on Tuesday, as the beverages giant benefited from resilient demand for its sodas. The company's shares were up about 1 per cent in premarket trading. They have risen 12.5 per cent so far this year. Coca-Cola's well-known brands and its global presence have thus far cushioned the beverage giant from a broader weakening in demand for sodas in the United States. The company has been able to raise prices in inflationary markets such as
din zilele anterioare