Coca-Cola's Q3 Performance Highlight Resilience Amid Economic Challenges and Strong North American Sales Growth: Analysts

Coca-Cola Company KO shares are trading lower on Thursday. Yesterday, the company reported a third-quarter 2024 sales decline of 1% year-on-year to $11.9 billion, beating the analyst consensus estimate of $11.59 billion. Revenue performance included a 10% growth in price/mix and a 2% decline in concentrate sales. Concentrate sales were 1 point behind unit case volume, primarily due to the timing of concentrate shipments. Analysts covering Coca-Cola Company provided their takes: BofA Securities analyst Bryan ...