Coke sees slower growth ahead

By Associated Press

Feb 16, 2023 12:08 am

COCA-COLA said higher prices didn't hurt demand for its drinks in the fourth quarter, but it expects slower growth ahead as inflation cools and price increases moderate.

The Atlanta company said Tuesday it expects organic revenue growth of 7 percent to 8 percent this year, which would be half the 16-percent growth it delivered in 2022.

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