The Coca-Cola Company posted better second-quarter profits than analysts had projected on Tuesday morning, while sales fell short.

Looking at Q4 2022, Coca-Cola’s sales of $10.1 billion reflected a 7% y-o-y growth, driven by a 2% rise in concentrate sales and a 12% rise in price/mix, partly offset by -8% currency translation.

EPS of $0.87, topping estimates, while revenue slightly missed. Unit volumes fell, but organic revenue grew 5%.

Coca-Cola, a staple in American history since 1892, is closing several facilities despite reporting strong sales growth. This decision affects nearly 900 employees, raising questions about the reasons behind these closures.

Coca-Cola Co. (NYSE:KO) has been growing nicely despite moderate unit volume gains, led by price increases. However, as consumers start to show price increase fatigue, volume growth should come ...

During that 10-year stretch, Coca-Cola flexed its pricing power on many different occasions. Nonetheless, the stock failed to outperform the broad benchmark.