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Coca-Cola CEO says inflation is moderating in most markets after higher prices boost revenue
Coca-ColaCoca-Cola(US:KO) CNBCยท2024-02-13 16:29

Jame Quincey, CEO of Coca-Cola Co., speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 18th, 2023.Inflation is moderating in most markets, after a stretch in which the beverage maker relied on price hikes to drive higher revenue, Coca-Cola CEO James Quincey said Tuesday.Coke reported its fourth-quarter results Tuesday, and said higher prices helped the company beat Wall Street's estimates for its quarterly sales. But Coke's price hikes have slowed from the last two years' double-digit increases ...