Coca-Cola's Q4 Sales Pop as Higher Prices Offset Lower Volume in North America
Key TakeawaysCoca-Cola reported better-than-expected sales in Q4 2023.Sales grew 7% from a year ago to $10.85 billion, driven by higher prices.Adjusted earnings per share of 49 cents met analyst expectations.The company expects to grow its organic revenue by 6%-7% and adjusted EPS by 4%-5% in 2024.The Coca-Cola Company (KO) handily beat analyst estimates for sales in the fourth quarter. The company's shares rose roughly 1% in pre-market trading Tuesday.Net income for the quarter fell about 3% from a year ag ...