Coca-Cola CEO Says Consumer Demand In China Remains Subdued; External Backdrop Uncertain With Signs Of Pressure In Developed Markets
Portfolio Pulse from Benzinga Newsdesk
Coca-Cola's CEO has indicated that consumer demand in China remains subdued and the external backdrop is uncertain with signs of pressure in developed markets.
July 23, 2024 | 12:45 pm
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Coca-Cola's CEO has highlighted subdued consumer demand in China and uncertain external conditions, which could impact the company's revenue and stock price.
The subdued consumer demand in China, a significant market for Coca-Cola, along with uncertain external conditions and pressure in developed markets, could negatively impact the company's revenue and stock price in the short term.
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