Coca-Cola Q2 Unit Case Volume Growth Flat
Portfolio Pulse from Benzinga Newsdesk
Coca-Cola's Q2 unit case volume growth was flat, with no change in both developed and emerging markets. Growth in Mexico, India, and Brazil was offset by declines in the United States, Spain, and Pakistan, and the suspension of business in Russia in 2022.
July 26, 2023 | 11:01 am
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Coca-Cola's flat Q2 unit case volume growth indicates no significant change in sales volume. This could potentially impact the company's stock price.
Coca-Cola's Q2 unit case volume growth, a key indicator of sales volume, was flat. This suggests that there was no significant change in the company's sales volume during the quarter. This could potentially impact the company's stock price, as investors may interpret this as a sign of stagnation in the company's growth. However, the impact may not be significant as the flat growth was due to offsetting factors - growth in some markets was offset by declines in others.
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