Coca-Cola raises full-year sales guidance, reports Q2 profit of $2.41bn and revenue of $12.36bn, surpassing market forecasts.
Coca-Cola raises its full-year sales guidance after stronger-than-expected Q2 results, despite a strong US dollar weighing on profits. The company reports Q2 profit of $2.41bn and revenue of $12.36bn, both figures topping market forecasts. Trading volume in the US has also improved for the first time since 2022, although profit and revenue remain below Wall Street expectations.
July 23, 2024
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