Coca-Cola Earnings Drop as Stronger Dollar Weighs

  • 📰 WSJ
  • ⏱ Reading Time:
  • 2 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Coca-Cola reported a 7% rise in fourth-quarter sales, but expects growth to slow

stronger dollarFor the current year, Coke expects sales growth to slow, with organic revenue, which strips out the effects of foreign-currency fluctuations, acquisitions and divestitures, projected to grow between 7% and 8%.

That is down from 16% in 2022.
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Windfall and sugar tax now

More affordable than eggs?

Good screw em

COVID is my dads families fault - not mine. Remember that…..

They’re charging $9 for a 12 pack of cans. Maybe that’s why.

They should start advertising on Twitter. Pepsi is, and with great ads. I don't think Coca Cola has. They also got to be a tad bit political in their branding. No one wants that.

Perhaps it's because people have tired of paying $3.00 for a 2 liter

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hong Kong adds security law clauses to land sales, property stocks dropHong Kong's Lands Department has added national security clauses to all land sale and short-term lease tender documents in the Asian financial hub, the Development Bureau said on Monday, confirming an earlier media report that had sent property stocks tumbling. Dam CCP ruins everything it touches. Probably for the best until we can locate all those “disappeared” during 2020 China dictatorship destroyed Hong Kong justice, freedom and human right
Source: Reuters - 🏆 2. / 97 Read more »

BMW meets 2022 pretax earnings target, Focus magazine cites CFO as sayingBMW met its 2022 target for significantly higher pretax earnings than in the previous year, Focus Money magazine reported on Sunday, citing the German carmaker's chief financial officer.
Source: Reuters - 🏆 2. / 97 Read more »

Australia's Aurizon cuts earnings forecast on prolonged wet weatherAustralia's Aurizon Holdings on Monday reported a 34% fall in its first-half underlying profit and slashed its annual core earnings forecast, as prolonged wet weather and a derailment dented the rail-haulage firm's freight volumes.
Source: Reuters - 🏆 2. / 97 Read more »

Star Entertainment warns of up to $1.1 bln earnings hit, shares plumb record lowStar, which has been embroiled in a slew of government probes, said it expects to incur a charge if a proposed hike in the casino duty rate in New South Wales is implemented in its current form.
Source: Reuters - 🏆 2. / 97 Read more »

Marathon earnings, CPI and Fed speeches top week aheadAn Apple artificial intelligence event as well as earnings from Biogen, Cisco Systems and Marriott Hotels set the stage for a busy week on Wall Street.
Source: FoxBusiness - 🏆 458. / 53 Read more »