Coca-Cola Sees FY25 Non-GAAP Comparable Net Revenues ~5% Based On Current Rates
Portfolio Pulse from Benzinga Newsdesk
Coca-Cola projects its fiscal year 2025 non-GAAP comparable net revenues to grow by approximately 5% based on current rates.
October 23, 2024 | 10:58 am
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Coca-Cola has announced an expected 5% growth in its fiscal year 2025 non-GAAP comparable net revenues, which is a positive indicator for the company's future performance.
The announcement of a 5% growth in non-GAAP comparable net revenues for FY25 suggests a positive outlook for Coca-Cola's financial performance. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100