23/10/2024, 6:42:02 pm

Coca-Cola sees boost to 2024 revenue from rising soda demand in US

Coca-Cola is aiming to hit the higher end of its organic sales forecast for 2024 as growing demand for its higher-priced sodas and juices in the U.S. helped it post a surprise rise in quarterly sales on Wednesday. Shares of the company, however, fell 1.5% in premarket trading as Coca-Cola reiterated its growth forecast for annual adjusted profit to be between 5% and 6% despite price hikes.