Tag Archives: coca cola stock

Coca-Cola is one of the few beverage and food companies worldwide still standing strong despite the ongoing global financial meltdown.  Coca-Cola Co (NYSE: KO), the global beverage giant, has demonstrated impressive resilience in its recently reported third-quarter (Q3 2023) earnings, beating analysts’ estimates and raising its outlook for the full year. The company reported net sales of $11.91 billion, indicating an 8% increase from the previous quarter, with organic (non-GAAP) revenue...

According to its Q1 2023 report, beverage giant Coca-Cola realized revenue of $10.96 billion on higher product prices and increased demand. Coca-Cola (NYSE: KO) published a Q1 2023 earnings report that beat estimates, largely by benefitting from price increases and higher demand. For the first quarter of 2023, the beverage giant pulled in revenue of $10.96 billion adjusted. This haul compares favorably to the $10.8 billion analysts expected for the same period. For Q1 2023, Coca-Cola also...

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The IT company that backs Coca-Cola’s bottle manufacturing supply chain processes is apparently getting into blockchain technology.Dubbed Coke One North America (CONA), the company claims its pilot project that they are evolving together with software provider SAP is going to be widened from two to 70 of the manufacturers who are delivering the 160,000 bottles to Coca-Cola shops daily.The company said on Tuesday that this blockchain project is focusing on improving distribution for all of the...