( ) -q-24- UNDATED (Correspondent Jeremy House) “polled by FactSet.” Coca-Cola says its third-quarter revenue fell as sales volumes flattened or declined around the world. [CutID: <Cuts> COKE-REVENUE-house-q-THUam.mp3 Time: 24s Title: COKE-REVENUE-house-q-THUam Out-cue: ] TAG: Correspondent Jeremy House reporting. The company said it raised prices 10% in the July-September period, partly due to hyperinflation in […]
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Coke’s quarterly revenue and volumes fall but still beat expectations
( ) -q-24- UNDATED (Correspondent Jeremy House) “polled by FactSet.”
Coca-Cola says its third-quarter revenue fell as sales volumes flattened or declined around the world.
[CutID: <Cuts> COKE-REVENUE-house-q-THUam.mp3
Time: 24s
Title: COKE-REVENUE-house-q-THUam
Out-cue: ]
TAG: Correspondent Jeremy House reporting. The company said it raised prices 10% in the July-September period, partly due to hyperinflation in markets like Argentina.
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VERBATIM: Despite the discouraging revenue news, the company still beat Wall Street’s forecasts. Officials say they expect full-year organic revenue to rise 10%, which is at the high end of its previous guidance. The Atlanta beverage giant said its revenue fell 1% to $11.9 billion. That still beat Wall Street’s forecast of $11.6 billion, according to analysts polled by FactSet.