The Coca-Cola Company is brewing up a sale of Costa, Britain’s biggest high street coffee chain, more than six years after ...

Coca-Cola HBC logo. Credit: T. Schneider/Shutterstock.com Coca-Cola HBC has raised its forecast for underlying revenue in 2024 following a “strong performance” in the opening nine months of the year.

In the Asia Pacific region, where Coke lowered prices by 3%, unit case volume sales were up 3%. Coca-Cola’s net income fell 5% to 2.4 billion dollars or 56 cents per share.

Coca-Cola raises annual sales forecast on global demand, higher prices Updated / Tuesday, 30 Apr 2024 13:02 ...

Net sales revenue grew 8.6% to €5.6bn. For 2025, the company expects to deliver at the top end of its guided ranges for organic revenue growth of 6% to 8% and organic EBIT growth of 7% to 11%.

Coca-Cola’s weak performance follows stronger numbers from rival PepsiCo, which has been supported by its snacks business. PepsiCo’s organic sales were flat in the quarter year on year.

Elsewhere, Coca-Cola also reported quarterly sales and profit that exceeded Wall Street’s expectations and raised its full-year outlook, sending shares higher.

Coca-Cola's growth prospects are limited, making it less attractive for long-term outperformance vs. major indexes. Find out ...

The Coca-Cola Company has highlighted the sales impact of the relaunched ‘ Share a Coke’ campaign, despite its volume sales declining in its most recent quarter. Earlier this year, the brand announced ...