Rapid Growth: Coca-Cola’s Increased Sales Forecast Signals Strong Demand for Sodas, Juices, and Energy Drinks

2023-10-24 10:56:53

Coca-Cola Co raised its annual sales forecast on Tuesday, taking advantage of consumers snapping up its sodas, juices and energy drinks at higher prices.

The company now expects organic revenue growth of 10% to 11% for the full year, compared to previously forecasting an increase of 8% to 9%. (Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Sriraj Kalluvila)

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Alexandra Hartman Editor-in-Chief

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