Coke’s Quarterly Revenue as Well as Sales Volumes Fall, but Still Beats Expectations

Coca-Cola reported higher-than-expected revenue in the third quarter as higher prices offset lower sales volumes. Revenue fell 1% to $11.9 billion, but still beat Wall Street’s forecast of $11.6 billion, according to analysts polled by FactSet. The Atlanta beverage giant raised prices 10% in the …

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Author: Associated Press