Coca-Cola demonstrates strong pricing power as sales volume increases despite price hikes
KO Coca-Cola Co
$96.03 +0.38%
View chart & analysis → - 1Coca-Cola's stock price rose 35% this year, outperforming the S&P 500's approximately 11% increase.
- 2Last quarter, price increases contributed 4 percentage points to Coca-Cola's revenue growth, while unit case volume increased by 5% year-over-year.
- 3Coca-Cola has increased its dividends for 64 straight years.
So what's the key point?
Coca-Cola raised its product prices, but sales volume actually increased. The company has the strength to sell well even when raising prices, and its stock price has risen significantly.
Source The Motley Fool +2 · View original ↗
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