Coca-Cola raises revenue forecast as soda demand defies price hikes
Coca-Cola Co (KO.N) lifted its full-year revenue forecast on Tuesday, encouraged by buoyant demand for sugary sodas in the face of price increases to combat higher costs. Global sales volumes rose 8% in the second quarter, the company said, powered by growth in both developed and emerging markets, while average selling prices increased about 12%. […]
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